25096 5th Mile Rd Redford, MI 48239-3706

Property Details for 25096 5th Mile Rd

Year built

1955

Lot size

0.36 lot acres

Property size

4,133 SF

Property type

Retail space

APN

79 015 01 0232 000

APU

79015010232000

Description

This exceptional 4,133 square foot industrial property, situated on a 0.36-acre lot in Redford, Michigan, presents a remarkable investment opportunity. Previously occupied by Floyd's Florist, the building offers a versatile layout suitable for a variety of commercial or retail uses. The main showroom area features an attractive three-door display cooler and counter, perfect for showcasing products or creating a welcoming retail space. A significant advantage is the inclusion of an approximately 11 x 14 foot walk-in cooler located in the warehouse area, adding valuable storage or processing capabilities. The property also boasts a large garage door, accommodating multiple vehicles and offering ample space for storage. Existing storage racks are in place, and additional shelving could easily be added to maximize storage capacity. Alternatively, the floor space can be utilized for more vehicles or equipment. A substantial parking lot provides convenient parking for customers and employees. The property's layout is particularly well-suited for multi-tenant applications, allowing for the operation of a primary business while generating rental income from separate spaces, each with its own entrance. The building's location is another key asset, situated directly next to a city park in a quiet yet highly visible area. The previous owner had begun renovations to convert the space into a daycare in the front and a construction business storage area in the back, providing a potential starting point for future development. The property is being sold in "as-is" condition.

Location Insight

City

Redford

County

Wayne

State

Michigan

Longitude

-83.2875

Latitude

42.4001

CBSA code

19820

CBSA name

DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments