Back to search
25846 W 7 MILE Road Redford, MI $ 265,000
Share Save
$ 265,000 Get more info
25846 W 7 MILE Road
$ 265,000
Back to search
Share Save

25846 W 7 MILE Road

Redford, MI, 48240
$ 265,000
Baths6.0

Monthly Estimate*

$ 1,851

25846 W 7 MILE Road, Redford, MI 48240 - Image 1
25846 W 7 MILE Road, Redford, MI 48240 - Image 2
25846 W 7 MILE Road, Redford, MI 48240 - Image 3
25846 W 7 MILE Road, Redford, MI 48240 - Image 4
25846 W 7 MILE Road, Redford, MI 48240 - Image 5
25846 W 7 MILE Road, Redford, MI 48240 - Image 6
Studio

Commercial Property for sale in Redford, MI

for $265,000 with 6 full baths. This building was built in 1925 on a lot size of 0.2.

6 Streams of income from a single property? Take a good hard look at the potential in this mixed use building. This property boasts 3 apartments, 2 commercial spaces as wells Billboard income. Expand your portfolio and increase your income all under one roof. Seller financing may be an option with 1/3 down. Contact agent for more details.

See more
Commercial Active

Price

$ 265,000

Bedrooms

Studio

Full Bath

6

Property Type

Commercial

Taxes

$ 2,939

Style

Retail/Commercial

Lot Size

0.2

Year Built

1925

Town/City

Redford

County/Region

Wayne

MLS | Web ID

23146171
Features
General
Sewer Public Sewer
Utilities Public Water Available Public Sewer Available Natural Gas Available Electric Available Cable Available Broadband Available Phone Connected Natural Gas Connected Electric Connected Cable Connected
Possession Close Of Escrow
Construction Materials Vinyl Siding
Year Built 1925
Property SubType Retail/Commercial
Tax Year 2023
Gross Income 36000.0
Business Type Professional/Office Professional Service Distribution Storage Retail Manufacturing
County Wayne
Net Operating Income 31000.0
New Construction N
Property Type Commercial Sale
Subdivision Name CHESTERFIELD SUB
Status Active
Directions W 7 Mile road just West of Beech Daly
City Redford
High School District Redford
Zoning Description Commercial Multi-Family
Total Units 5
MLS Area Wayne County - 100
Lot Size Square Feet 8712.0
Waterfront Y/N N
Street Name 7 MILE
Land Lease Y/N N
Tax Annual Amount 2939.0
Lease Renewal Y/N N
MLS Area Minor Wayne County - 100
Additional Parcels Y/N N
Lease Considered Y/N Y
Rent Control Y/N N
Days on Market 118
Standard Status Active
Tax Assessed Value 37084
Legal Description 06P70 71 LOTS 70 AND 71 CHESTERFIELD SUB T1S R10E L48 P88 WCR
Senior Community None
See more
Interior
Total Fireplaces 1
Total Stories 1
Basement (Y/N) N
Air Conditioning Y/N N
Heating Y/N Y
Full Baths 6
Street Suffix Road
Electric On Property Y/N N
Total Baths 6
See more
Exterior
Water Source Public
Lot Size Area 0.2
Number of Buildings 1
Spa N
Building Area Total 3130.0
Lot Dimensions 40.00 x 100.00
Lot Size Acres 0.2
Road Surface Type Paved
Lot Size Units Acres
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
See more
Internal Only
Street Number 1 25846
See more
* Excluded Features
List By
Remerica Hometown One

Broker

rhibbs@hometownone.com

Email

Affordability Calculator

$2,096
Per Month
88%
12%
0%
Monthly Principal & Interest
$1,851
Monthly Property Taxes
$245
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save

Discover how much house you can afford

Your dream home may be within reach.

Learn More about how to save

The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
4491339 Elementary School
4491338 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
4/18/2024$265,000 -1.49% Price Down
12/30/2023$269,000 Listed Price

Map

More homes like this one

homes for you

See all
See all

25846 W 7 MILE Road, Redford, MI, 48240 is a Commercial Property for sale at $265,000 with a lot size of 0.2. 25846 W 7 MILE Road is a studio with 6.0 baths and was built in 1925. The property's zip code is 48240 which is in Redford, MI

Get more info