21710 29 Mile, Ray, MI 48096

Other
THB ฿14,789,057
USD $425,000
Published on: 11 Oct 2024
Last updated on: 09 Nov 2024
21710 29 Mile, Ray, MI 48096
21710 29 Mile, Ray, MI 48096
21710 29 Mile, Ray, MI 48096
+44
21710 29 Mile, Ray, MI 48096
  • 44
Property ID: 110095081503
Translate to English

Key property information

Land Size
2,630.46 m2

Commercial/Industrial - Ray, MI

21710 29 Mile, Ray, MI 48096
Welcome to this fantastic investment opportunity in a prime location! This 2-story 3 unit building features two spacious apartments upstairs, each 938 sqft with 2 bedrooms and 1 bath. The lower level is 1876 sqft currently being used as living quarters but can be reverted back to business use as store, retail, office and more, offering endless possibilities for additional income streams. Each unit provides a private entrance. Located in an area with high traffic counts and high visibility. This property is perfect for entrepreneurs looking to establish a business in a prime community. The apartments provide a steady rental income, making this property a lucrative investment for any savvy investor. CAP RATE 8% or more (current rent is well below area average). Land contract available. Huge lot would allow plenty of space for expansion. Will consider all reasonable offers!

Property Details

Basic Info

Property Type
Other
Listing Status
Active
Land Size
2,630.46 m2
Building Size
348.57 m2
Year Built
1942
Architecture Style
Other
Franchise
Century 21 Real Estate
County
Macomb
Parcel ID
21-05-22-227-001
Provider
Century 21 AAA North
Brokerage Office Name
Century 21 AAA North
Brokerage Office Phone
(586) 274-1111
Neighbourhoods
Ray Twp (50005)
Address
21710 29 Mile, Ray, MI 48096

Floorplans and tours

3D Tour
Contact Agent
John Bolos
16432 26 Mile Rd, Macomb Twp, MI 48042
Get in touch
Report this page

Contact Agent

Contact Agent

Email enquiry to Century 21 AAA North-Macomb

John Bolos
16432 26 Mile Rd, Macomb Twp, MI 48042
What's your enquiry about?
Write a message
      By clicking "Submit", you accept our Privacy Policy and acknowledge that as the agent for this property is located overseas, your information may not be handled in accordance with the privacy laws applicable to this website.

      Property ID: 110095081503

      Data provided by Century 21 AAA North, MLS #: 50157924
      * THIS SERVICE MAY CONTAIN TRANSLATIONS POWERED BY GOOGLE. GOOGLE DISCLAIMS ALL WARRANTIES RELATED TO THE TRANSLATIONS, EXPRESS OR IMPLIED, INCLUDING ANY WARRANTIES OF ACCURACY, RELIABILITY, AND ANY IMPLIED WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE AND NONINFRINGEMENT.
      Copyright © 2024 Multiple Listing Service MiRealSource. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.