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    Renovated Industrial Building For Sale Title is generated by Realmo AI

    26110 MICHIGAN Ave, Inkster, MI 48141

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    For Sale
    $550,000

    7,000 sq ft building with renovations and land contract.

    Type:Commercial
    Property size:
    7,000 SF
    Lot size:
    0.20 Acres
    Price / SF:
    $78/SF
    Added:
    Mar 24, 2026
    Days on Market:
    105
    Last Refresh:
    Mar 10 at 9:27 am

    Property Features for 26110 MICHIGAN Ave

    General Information

    Standard status
    Active
    Size
    7,000 SF
    Lot size
    0.20 Acres
    Property subtype
    Commercial

    Building Details

    Year Built
    1958

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    Laila Dakroub

    Listing office

    Listing date Mar 24, 2026

    Source Elliman

    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 Laila Dakroub

    HighLights

    • Land contract available.
    • Building undergoing major renovations under new ownership.
    • Brand‑new roof being installed.
    • Approximately 7,000 sq. ft. building with 2 bay doors and approx. 16‑foot ceiling height.
    • All broken windows being replaced.
    • Well‑maintained property with tree removal for a cleaner and more accessible space.

    Overview

    This nearly 7,000 sq. ft. building is undergoing major renovations under new ownership. The property features 2 bay doors and an approximate 16-foot ceiling height. A brand-new roof is being installed, and all broken windows are being replaced. The property is being well maintained, including tree removal for a cleaner and more accessible space. The property is ideal for businesses. Land contract is available.

    Local Financial Insights For Flex RnD

    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 $70.6k $10.08
    − Vacancy −$2.6k −$0.37
    EGI $67.9k $9.71
    − OpEx −$23.8k −$3.40
    NOI $44.2k $6.31
    7,000 SF · lease $10.08/SF/yr · vacancy 3.70% · expense 35.00%

    Alternative Uses

    Best Use
    Flex RnD
    $631.0K
    $552.1K – $736.1K (±1% cap)
    NOI $44,167 @ 7.0% cap · market cap 8.03%
    Second Best
    Industrial
    $517.7K
    $453.0K – $604.0K (±1% cap)
    NOI $36,240 @ 7.0% cap · market cap 6.59%
    Theoretical Best
    Specialty Retail
    $1.30M
    $1.13M – $1.51M (±1% cap)
    NOI $90,720 @ 7.0% cap · market cap 16.49%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    FourGreen Auto Parts Auto Parts Store Ecotire Association / Organization

    Suggested Use

    Law Firm Grocery & Convenience Store Parking Lot & Garage Computer & Electronic Repair Nursing Home Bar & Pub Nursing Home Acupuncture Travel Agency Gym & Fitness Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Inkster
    County
    Wayne
    State
    Michigan
    Longitude
    -83.2940366
    Latitude
    42.2969005

    FAQs

    What type of property is this?
    Flex space - 7,000 sq ft building with renovations and land contract.
    Where is this flex space located?
    The property is located at 26110 MICHIGAN Ave Inkster, MI.
    What is the asking price?
    The asking price for this property is $550,000.
    What are key features of this property?
    This property features: Land contract available.; Building undergoing major renovations under new ownership.; Brand‑new roof being installed.
    More about this property
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