Medical Office or Retail
22301 Kelly Road Eastpointe, MI 48021
22301 Kelly Road, Eastpointe, MI, 48021
Contact for pricing
For Sale
Contact for pricing
Well-maintained office building with upgraded rooms, kitchenette, and both front and fenced parking for flexible business use.
Property Size2,630 SF
Price / SF$132.70
Days on Market270
Property Features for 22301 Kelly Road
General Information
- Standard status
- Active
- Size
- 2,630 SF
- Property subtype
- Land
Building Details
- Year Built
- 1968
Listing agency
Berkshire Hathaway HomeServices Kee Realty
Listed by
Bhavesh Patel · License #MI
Source
Crexi
Added: Oct 26, 2025 Updated: Jul 10 at 4:01PM Checked: Jul 22 at 11:55AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Berkshire Hathaway HomeServices Kee Realty
Investment Insights
Based on property information with market context.
This very well-maintained commercial property offers 2,630 square feet of flexible interior space with an updated roof installed in 2023 and new paint. The layout includes upgraded rooms and a kitchenette, supporting a range of professional uses. The property also features front and back parking, along with an additional fenced parking lot.
Located on Kelly Road in a high-traffic business neighborhood in Eastpointe, the building is set up to serve both walk-in and drive-by customers and employees. On-site parking supports day-to-day operations and helps reduce the friction of peak hours, appointments, or client visits.
The improvements and room configuration make the space suitable for office, medical office, or day care/childcare uses, and the property can also be converted to retail or other service-oriented concepts such as a salon. For buyers or operators looking for a well-kept facility with practical parking and recent exterior updates, this building offers a straightforward footprint for multiple tenant types.
Located on Kelly Road in a high-traffic business neighborhood in Eastpointe, the building is set up to serve both walk-in and drive-by customers and employees. On-site parking supports day-to-day operations and helps reduce the friction of peak hours, appointments, or client visits.
The improvements and room configuration make the space suitable for office, medical office, or day care/childcare uses, and the property can also be converted to retail or other service-oriented concepts such as a salon. For buyers or operators looking for a well-kept facility with practical parking and recent exterior updates, this building offers a straightforward footprint for multiple tenant types.
Key Highlights
- Well‑maintained 2,630 SF commercial property built in 1968 on Kelley Road in a high‑traffic business neighborhood
- New roof installed in 2023 plus new paint
- Upgraded rooms with kitchenette(s) for flexible workspace use
Local Financial Insights For Healthcare Medical
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $52.1k | $19.80 |
| − Vacancy | −$6.1k | −$2.33 |
| EGI | $46.0k | $17.47 |
| − OpEx | −$18.4k | −$6.99 |
| NOI | $27.6k | $10.48 |
2,630 SF · lease $19.80/SF/yr · vacancy 11.75% · expense 40.00%
Alternative Uses
Best Use
Healthcare Medical
$393.9K
$344.7K – $459.6K
NOI $27,573 @ 7.0% cap · market cap 7.90%
Second Best
Office B
$129.3K
$113.2K – $150.9K
NOI $9,054 @ 7.0% cap · market cap 2.59%
Theoretical Best
Specialty Retail
$492.4K
$430.8K – $574.4K
NOI $34,466 @ 7.0% cap · market cap 9.88%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Dr. Farzin R. ...
Pediatrician
Rasimas Carl A MD
Physician
Dr. Nancy M. ...
Physician
Hahn Rick A
Medical Clinic
Poulos Kathryn M
Physician
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FAQs
What type of property is this?
Office units - Well-maintained office building with upgraded rooms, kitchenette, and both front and fenced parking for flexible business use.
Where is this office units located?
The property is located at 22301 Kelly Road Eastpointe, MI.
What is the asking price?
The asking price for this property is $349,000.
What are key features of this property?
This property features: Well‑maintained 2,630 SF commercial property built in 1968 on Kelley Road in a high‑traffic business neighborhood; New roof installed in 2023 plus new paint; Upgraded rooms with kitchenette(s) for flexible workspace use
