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    Freestanding Multi-Tenant Office Building Title is generated by Realmo AI

    26095 W 6 MILE RD 1-6, Redford, MI 48240

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    Freestanding six-unit office building with ample front-and-back parking and updated major systems.

    Type:Office
    Property size:
    6,225 SF
    Price / SF:
    $128/SF
    Added:
    Jun 18, 2024
    Days on Market:
    733
    Last Refresh:
    Jun 20 at 9:17 am

    Property Features for 26095 W 6 MILE RD 1-6

    General Information

    Standard status
    Active
    Size
    6,225 SF
    Property subtype
    Office

    Building Details

    Year Built
    1968

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    Listing Contact
    Dawn Sullivan

    Listing agent Dawn Sullivan License #441597

    Listing office Real Estate One

    Listing date Jun 18, 2024

    Source Crexi

    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 Real Estate One

    HighLights

    • Freestanding 6‑unit commercial building with 6,225 SF; 5 units are leased with long‑term tenants
    • Parking available in both the front and back of the building
    • 4 HVAC units replaced in 2012
    • Roof replaced in 2017, taken down to the metal decking
    • Signage available on the front of the building
    • Zoned C‑1

    Overview

    This freestanding commercial building offers six office units in a single structure totaling 6,225 SF. The tenant occupancy includes five leased units with long-term tenants, while one additional unit is being remodeled for a new tenant. The building has signage available on the front and includes four HVAC units that were replaced in 2012. The roof was replaced in 2017 after being taken down to the metal decking.

    On-site parking is available at the front and back of the building, providing multiple parking options for tenants and visitors. The property is zoned C-1.

    For investors or owner-operators seeking a small multi-tenant office asset, this building combines an existing leased component with a unit in remodel for the incoming tenant. With parking on both ends and updates to HVAC and the roof, it presents a practical platform for a tenant mix within a C-1 zoning environment.

    Local Financial Insights For Office B

    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 $109.1k $17.52
    − Vacancy −$25.0k −$4.01
    EGI $84.1k $13.51
    − OpEx −$21.0k −$3.38
    NOI $63.1k $10.13
    6,225 SF · lease $17.52/SF/yr · vacancy 22.90% · expense 25.00%

    Alternative Uses

    Best Use
    Office B
    $900.9K
    $788.3K – $1.05M (±1% cap)
    NOI $63,065 @ 7.0% cap · market cap 7.88%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Office A
    $1.37M
    $1.20M – $1.60M (±1% cap)
    NOI $96,128 @ 7.0% cap · market cap 12.02%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Office Units

    Suggested Use

    Real Estate Agency Law Firm Spa & Massage Center Restaurant Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Accounting Firm

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Redford
    County
    Wayne
    State
    Michigan
    Longitude
    -83.2997279
    Latitude
    42.4135583

    FAQs

    What type of property is this?
    Office units - Freestanding six-unit office building with ample front-and-back parking and updated major systems.
    Where is this office units located?
    The property is located at 26095 W 6 MILE RD 1-6 Redford, MI.
    What is the asking price?
    The asking price for this property is $799,999.
    What are key features of this property?
    This property features: Freestanding 6‑unit commercial building with 6,225 SF; 5 units are leased with long‑term tenants; Parking available in both the front and back of the building; 4 HVAC units replaced in 2012
    More about this property
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