$150,000
$195,000
23.1%For more information regarding the value of a property, please contact us for a free consultation.
25846 W 7 Mile Road Redford, MI 48240
6 Baths
3,260 SqFt
Key Details
Sold Price $150,000
Property Type Commercial
Sub Type Business
Listing Status Sold
Purchase Type For Sale
Square Footage 3,260 sqft
Price per Sqft $46
Municipality Redford Charter Twp
MLS Listing ID 25008614
Sold Date 07/10/25
Full Baths 6
Year Built 1925
Annual Tax Amount $3,068
Tax Year 2024
Lot Size 6,000 Sqft
Acres 0.14
Lot Dimensions 60x100
Property Sub-Type Business
Property Description
Prime mixed-use investment with 5 income-producing doors + billboard income! Three apartments (two studios & one 1-bed) offer below-market rents, providing great upside potential. Approx. 50 sq. ft. each, these units generate steady income. Two 800 sq. ft. commercial spaces rent for $800 each and can be combined into a 1,600 sq. ft. opportunity. Ideal for investors or owner-occupants—live/work potential or offset costs with rental income. Multiple income streams in a desirable location—don't miss this value-add opportunity!
Location
State MI
County Wayne
Area Wayne County - 100
Direction 7 Mile road, 1 block west of Beech Daly, on the North side.
Interior
Interior Features Broadband
Heating Forced Air, Space Heater
Exterior
Utilities Available Phone Available, Natural Gas Available, Electricity Available, Phone Connected, Natural Gas Connected, Cable Connected, Storm Sewer
View Y/N No
Street Surface Paved
Building
Foundation Slab, Concrete Perimeter
Structure Type Vinyl Siding
New Construction No
Schools
School District Redford Union
Others
Tax ID 79-006-03-0070-000
Acceptable Financing Conventional, Cash
Listing Terms Conventional, Cash
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Bought with Max Broock Realtors