21710 29 Mile Road Ray Twp, MI $ 375,000
21710 29 Mile Road
$ 375,000
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21710 29 Mile Road

Ray Twp, MI, 48096
$ 375,000
Bedrooms-- Baths-- Sq 3,752

Monthly Estimate*

$ 2,340

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Commercial Property for sale in Ray Twp, MI

for $375,000. This 3,752 square foot building was built in 1942 on a lot size of 0.65.

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!

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Commercial Active

Price

$ 375,000

Property Type

Commercial

Taxes

$ 2,185

Style

CommercialSale

Lot Size

0.65

Year Built

1942

Town/City

Ray Twp

County/Region

Macomb

MLS | Web ID

58050182364

Features
General
Sewer SepticTank
Heating ForcedAir NaturalGas
Cooling CentralAir Other
Utilities NaturalGasConnected
Roof Metal
Construction Materials Block
Year Built 1942
Electric Power110Volt Volts220
Tax Year 2025
County Macomb
New Construction N
Property Type CommercialSale
HOA N
Attached Garage N
Subdivision Name NONE
Garage Y/N N
Building Features Bath CeilingHeightLessthan16ft CableInternetInstalled PrivateRestrooms Telephone
Status Active
City RayTownship_Macomb
Disclosures FloodPlainNone
Senior Community Y/N N
High School District NewHaven
Zoning Description Commercial
MLS Area Area03051RayTwp
Carport Y/N N
Land Lease Y/N N
Tax Annual Amount 2185.8
Home Warranty Y/N N
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Virtual Tour https://tours.cozycornermedia.com/idx/248694 https://tours.cozycornermedia.com/248694
Building Area Units SquareFeet
Standard Status Active
Tax Assessed Value 165100
Legal Description T4N R13E SEC 22 BEG AT A PT 544 FT S89*44'W OF NE COR SEC 22; TH S89*44'W 194 FT; TH S33*30'E 265 FT; TH N89*32'E 63 FT TH N3*56'E 221.9 FT TO PT OF BEG 0.65 A.
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Interior
Flooring Concrete Tile
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N N
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Exterior
Parking Features Other
Water Source Well
Foundation Details Slab
Spa N
Building Area Total 3752.0
Lot Dimensions 144 X 187 X 27 X 223
Lot Size Acres 0.65
Waterfront Y/N N
Crops Included Y/N N
Road Responsibility PublicMaintainedRoad
Horse Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 21710
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* Excluded Features
List By
Ahmed Arafa

Listing Agent

Century 21 Professionals

Broker

(586) 215-1208

Phone

Affordability Calculator

$2,522
Per Month
93%
7%
0%
Monthly Principal & Interest
$2,340
Monthly Property Taxes
$182
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% 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.
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Nearby
4909610 Elementary School
4909774 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
9/17/2025$375,000 -7.41% Price Down
7/21/2025$405,000 Listed Price

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21710 29 Mile Road, Ray Twp, MI, 48096 is a Commercial Property for sale at $375,000 with 3,752 sqft and a lot size of 0.65. 21710 29 Mile Road was built in 1942. The property's zip code is 48096 which is in Ray Twp, MI