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Commercial > Retail
Active
07/21/2025
List Price
$375,000$100/ft²

21710 29 Mile Rd
Ray, MI 48096

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  • 21710 29 Mile Rd, Ray, MI 48096 is a 5 bed, 3 bath, 3,752 ft² commercial retail property property built in 1942 on a 0.650 acre lot. This commercial retail property is currently on the market for $375,000.

    MLS Description

    The listing agent's description. Original Listing

    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. We will consider all reasonable offers. Huge lot would allow plenty of space for expansion. Tenant pays all utilities.

    Listing Agents

    The listing agent for 21710 29 Mile Rd is Ahmed Arafa.

    Current Ownership

    Information about the current owner(s).

    Property History

    21710 29 Mile Rd has undefined property events records (listings, deeds, permits, tax, foreclosure, loan).

    Property Events

    Environment

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    School Information

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    Neighborhood

    This property is located in 48096.

    Market Trends

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    Copyright © 2025 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.

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