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$499,900
53 Days On Site

24821 5 Mile Road
Redford Charter Township, MI 48239

For Sale|Commercial Sale|Active
0
Beds
0
Total Baths
3,729
SqFt
$134
/SqFt
1958
Built
Subdivision:
JAMES S BONADEO SUB
County:
Wayne
Call Now: 810-360-3488
Is this the listing for you? We can help make it yours.
810-360-3488
24821 5 Mile Road24821 5 Mile Road24821 5 Mile Road24821 5 Mile Road
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Monthly Payment (Est.)

$2,281
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Exceptional investment opportunity featuring an 8-unit commercial property comprised of two separate buildings, each containing four fully leased units. 24821 and 24865 5 Mile Rd. This well-maintained asset offers immediate and stable cash flow with 90% occupancy and established tenants in place. The property is strategically configured with two standalone 4-unit buildings, providing operational flexibility, and ease of management. Each unit is designed to accommodate a variety of commercial uses, making the property attractive to a diverse tenant base. With strong rental income, and minimal vacancy risk, this turnkey investment is ideal for investors seeking dependable returns and long-term appreciation potential. New roof added on both buildings in June/26.The property's layout, tenant mix, and income-producing performance make it a valuable addition to any commercial real estate portfolio.

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Listing Snapshot
Price 
$499,900
Days On Site 
53 Days
Bedrooms 
N/A
Inside Area (SqFt) 
3,729 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.2 Acres
Year Built 
1958
MLS® Number 
20261044796
Status 
Active
Property Tax 
$8,282
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Public Records
Friends & Family
Recent Activity
2 months agoListing first seen on site
2 months agoListing updated with changes from the MLS®
General Features
Acres 
0.2
Additional Property Use 
CommercialMixed Use
Building Features 
OutsideLighting
Cross Street 
E OF BEECH DALY
Foundation 
Slab
Levels 
One
Parking 
Parking Lot
Sewer 
Public Sewer
Special Circumstances 
Standard
SqFt Above 
3729
SqFt Total 
3729
Utilities 
Sewer AvailableWater Available
Water Source 
Public
Zoning 
Commercial
Interior Features
Appliances 
Gas Water Heater
Basement 
Crawl Space
Cooling 
Central Air
Heating 
Forced AirNatural Gas
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Exterior Features
Construction Details 
Brick
Roof 
AsphaltOther
Community Features
Financing Terms Available 
CashConventional
MLS Area 
Area05031RedfordTwp
Roads 
Paved
School District 
RedfordUnion
Schools
School District
RedfordUnion
Elementary School
Unknown
Middle School
Unknown
High School
Unknown
Listing courtesy of RE/MAX Team 2000: [email protected]



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IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing and that the data is deemed reliable but not guaranteed accurate by the MLS.

Neighborhood & Commute
Source: Walkscore
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