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Jenn Smart

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24821 5 Mile , Redford, MI 48239
$499,900
Est. Payment: $2,605.05/mo
0 Bed
0 Bath
3729 Sqft
Status: active | Days on site: 22
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VCR-C15903466 - VCR-C159091383,VCR-C159052275
By proceeding you are providing Jenn Smart with your express written consent to send you marketing and promotional communications via calls or prerecorded messages dialed by a natural person or by using an artificial or automated telephone dialing system.

By checking the box, you consent to receive marketing text messages. If checked, you consent to receiving texts including marketing and promotional communications, from Jenn Smart. Messages and data rates may apply. Message frequency varies. To opt out of text messages, reply STOP. Your consent is not required as a condition of any purchase. By continuing, you also agree to our Terms & Conditions and Privacy Policy.
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Jenn Smart
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House Description

Exceptional investment opportunity featuring an 8-unit commercial property comprised of two separate buildings, each containing four fully leased units. 24821 and 24865 5 Mile Rd. This well-maintained asset offers immediate and stable cash flow with 90% occupancy and established tenants in place. The property is strategically configured with two standalone 4-unit buildings, providing operational flexibility, and ease of management. Each unit is designed to accommodate a variety of commercial uses, making the property attractive to a diverse tenant base. With strong rental income, and minimal vacancy risk, this turnkey investment is ideal for investors seeking dependable returns and long-term appreciation potential. New roof added on both buildings in June/26.The property's layout, tenant mix, and income-producing performance make it a valuable addition to any commercial real estate portfolio.
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Highlights

Listed by Frank Alsaghir , 313-715-1000 and Ray Alsaghir , 313-674-1900 RE/MAX Team 2000 , 313-561-0900. MiRealSource, Inc. mls logo

Property Type

Commercial Sale
Lot/Acreage
0.2

Year Built

19

County

Wayne

Area

Redford Twp (82031)

 Neighborhood

James S Bonadeo Sub

Listing ID

61002444

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:0
  • ▪ Bathrooms:0
  • ▪ Full Bathrooms:
Above Ground Sq Ft:3729
Water:Public Water,Public Water at Street

Exterior Features

Lot Dimensions:81.1X110
Zoning:Commercial
Roof:Asphalt,Other-See Remarks
Others:
  • ▪ Additional:Security Lighting
Sewer:Public At Street
Principal Interest
$2,605
Taxes
$690

Home Price

$499,900

Loan Details

30 yrs
6.792%

Down Payment

20%
$99,980
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$2,605.05

Principal

Taxes

Principal Taxes HOA Total
Monthly $2,605.05 $690.17 $0.00 $3,295.22
Yearly $31,260.58 $8,282.00 $0.00 $39,542.58
Total $937,817.44 $248,460.00 $0.00 $1,186,277.44
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So-Crates Johnson
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Market insight data is pulled from the same city as the listing being viewed (Redford, MI).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

The information published and disseminated by MiRealSource is communicated verbatim, without change by MiRealSource, as filed with MiRealSource by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.

Copyright 2026 MiRealSource. All rights reserved. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc.

Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.

IDX service by Blueroof 360

Data last updated: 2026-09-02T01:10:54.300Z

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