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21710 29 Mile Rd
Ray, MI 48096

$700 - $2,000 USD/MO

Apartments For Lease • 938+ SF

Property Details

Property Type Apartments
Year Built 1925
Total Building Size 3,752 SF
Building Class C
Zoning B-2

0 Transit Score

0 Walk Score

3 Spaces Available

Name	Space Use	Size	Rent
1st Floor Ste 21710	Office/Retail	1,850 SF	$12.97 USD/SF/YR
This 2-story 3 unit building features two spacious apartments upstairs, each 938 sqft with 2 bedrooms and 1 bath. The lower level is 1850 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. Date available: 30 Days Lease term: Negotiable Service type: Plus All Utilities Built out as: Standard Retail Space Type: Relet
2nd Floor Ste 21706	Office/Retail	938 SF	$8.95 USD/SF/YR
This 2-story 3 unit building features two spacious apartments upstairs, each 938 sqft with 2 bedrooms and 1 bath. The lower level is 1850 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. Date available: 30 Days Lease term: Negotiable Service type: Plus All Utilities Space Type: Relet
2nd Floor Ste 21720	Office/Retail	938 SF	$10.23 USD/SF/YR
This 2-story 3 unit building features two spacious apartments upstairs, each 938 sqft with 2 bedrooms and 1 bath. The lower level is 1850 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. Date available: 30 Days Lease term: Negotiable Service type: Plus All Utilities Space Type: Relet

Description

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 1850 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!

                
                    Highlights
                
                                Huge lot would allow plenty of space for expansion.
                            
                                Located in an area with high traffic counts and high visibility. 
                            
                                Property is perfect for entrepreneurs looking to establish a business in a prime community.

Amenities

Air Conditioning
Heating
Kitchen
Refrigerator
Oven
Tub/Shower

Ahmed Arafa 586-677-8888 Century 21 AAA North

21710 29 Mile Rd Ray, MI 48096