Leased Office Investment
24821 5 Mile Rd Redford, MI 48239
24821 5 Mile Rd, Redford, MI, 48239
$499,900
For Sale
$499,900
Two separate four-unit office buildings are fully leased, with recent roof replacement on both structures.
Days on Market32
Property Features for 24821 5 Mile Rd
General Information
- Standard status
- Active
- Property subtype
- Commercial
Building Details
- Year Built
- 1958
Listing agency
(313) 561-0900
Listed by
Frank Alsaghir · License #6501373949
(313) 561-0900
Source
Elliman
Added: Jun 20 Updated: Jul 21 at 5:21AM Checked: Jul 21 at 5:21AM
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 Frank Alsaghir
Investment Insights
Based on property information with market context.
This well-maintained 8-unit commercial property includes two separate buildings, each with four fully leased office units. The asset is positioned as a turnkey investment with established tenants and 90% occupancy. Unit configuration is designed to support a variety of commercial uses, and the split-building setup provides operational flexibility and ease of management.
The property is located at 24821 and 24865 5 Mile Rd in Redford Charter Township, Wayne, MI 48239. A new roof was added to both buildings in June 2026.
Each building functions independently as a four-unit structure, creating a straightforward ownership and management footprint for a multi-tenant office investment.
The property is located at 24821 and 24865 5 Mile Rd in Redford Charter Township, Wayne, MI 48239. A new roof was added to both buildings in June 2026.
Each building functions independently as a four-unit structure, creating a straightforward ownership and management footprint for a multi-tenant office investment.
Key Highlights
- 8‑unit commercial property made up of two separate 4‑unit buildings (24821 and 24865 5 Mile Rd.)
- Fully leased/90% occupancy with established tenants in place
- Two standalone 4‑unit buildings provide operational flexibility and easier management
Property Analytics
Location Intelligence
Current Use by Public Records
Office Units
Similar For Sale Nearby
FAQs
What type of property is this?
Office units - Two separate four-unit office buildings are fully leased, with recent roof replacement on both structures.
Where is this office units located?
The property is located at 24821 5 Mile Rd Redford, MI.
What is the asking price?
The asking price for this property is $499,900.
What are key features of this property?
This property features: 8‑unit commercial property made up of two separate 4‑unit buildings (24821 and 24865 5 Mile Rd.); Fully leased/90% occupancy with established tenants in place; Two standalone 4‑unit buildings provide operational flexibility and easier management
