Historic Commercial
For Sale
$495,000
17526 E 10 Mile Road, Eastpointe, MI 48021
COM/IND/BUS OPP, Eastpointe, MI
Property Size2,725 SF
Lot Size0.86 Acres
Price / SF$181.65
Days on Market92
Property Features for 17526 E 10 Mile Road
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
Commercial, Industrial, Professional Office
Exterior features
Fenced Yard
Fencing
Fenced
Subdivision
Halfway Manor Sub
Standard status
Active
APN
021429126001
Size
2,725 SF
Lot size
0.86 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
9600
Utilities
Heating system
Forced Air
Cooling system
Central Air
Water source
Public
Amenities
large kitchen
2.5 bathrooms
attached oversized 3.5 car garage
generator
furnace and central air
patio
fenced yard
Building Details
Year built
1880
Roof type
Shingle
Listing Agency:
Adlhoch & Associates, REALTORS
(313) 882-5200
Listed By:
Scott Adlhoch
(313) 550-1181
Added: Jul 29
Changed: Oct 15
Last Checked: Oct 28 at 7:06PM
MLS# 50216551
Copyright © 2026 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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Investment Insights
Based on property information with market context.
Built in 1880, this 2,725-square-foot farmhouse is classified for commercial and industrial use and has recently served as a laboratory facility. The interior is arranged for office use and includes a large kitchen and 2.5 bathrooms. An attached oversized 3.5-car garage expands the property's functional capacity.
The 0.86-acre parcel adds outdoor flexibility with a fenced yard and patio. Building systems include forced-air heating, central air conditioning, a generator, public water, and a shingle roof. The property is located on E 10 Mile Road in Eastpointe, Michigan.
The 0.86-acre parcel adds outdoor flexibility with a fenced yard and patio. Building systems include forced-air heating, central air conditioning, a generator, public water, and a shingle roof. The property is located on E 10 Mile Road in Eastpointe, Michigan.
Key Highlights
- 2,725‑square‑foot farmhouse built in 1880
- Commercial/industrial zoning supports office and laboratory use
- 0.86‑acre parcel with fenced yard and patio
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$32,373
Cap Rate
6.54%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$647,460
$647.5K
Cap Rate 7%
$462,471
$462.5K
Cap Rate 9%
$359,700
$359.7K
Market Conditions
NOI Build-Up for 2,725 SF
Gross rent
$58.9K $21.60/SF
− Vacancy
−$7.1K −$2.59/SF
EGI
$51.8K $19.01/SF
− OpEx
−$19.4K −$7.13/SF
NOI
$32.4K $11.88/SF
Area
Macomb County, MI
Vacancy
12.00%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$647,460
Cap Rate 7%
$462,471
Cap Rate 9%
$359,700
Alternative Uses
Best Use
Mixed Use
$462.5K
$404.7K – $539.6K
NOI $32,373 @ 7.0% cap · market cap 6.54%
Second Best
Office B
$134.0K
$117.3K – $156.4K
NOI $9,381 @ 7.0% cap · market cap 1.90%
Theoretical Best
Specialty Retail
$510.2K
$446.4K – $595.2K
NOI $35,711 @ 7.0% cap · market cap 7.21%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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See the owner, sales and loan history
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Current Use
Lease Details
Yes
Fenced yard
Location Intelligence
Trade Area within ½ mile
723
Businesses Nearby
Explore this area
Business Placement
Demographics for 48021, MI
34,244
Population
14,124
Households
2.4
Avg Household Size
37
Median Age
15%
College-Educated
89%
High-School Grad
5.1 sq mi
ZIP Area
6,715
Density / Sq Mi
$58,196
Median Household Income
$35,836
Median Earnings
$1,335
Median Rent
$129,100
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in Midwest region
Frequently Asked Questions
What type of property is this?
Live-work space - Commercially zoned farmhouse offering office-ready space, a fenced yard, and an oversized attached garage.
Where is this live-work space located?
The property is located at 17526 E 10 Mile Road Eastpointe, MI.
What is the asking price?
The asking price for this property is $495,000.
What are key features of this property?
This property features: 2,725‑square‑foot farmhouse built in 1880; Commercial/industrial zoning supports office and laboratory use; 0.86‑acre parcel with fenced yard and patio
