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Ray, MI Mixed-use Properties for Sale

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Mixed-Use Building in Ray, MI
$375,000
3,752 SF

Mixed-Use Building in Ray, MI

21710 29 Mile Rd, Ray, MI 48096

Two apartments plus commercial space in high-traffic area.

  • High CAP Rate (8% or more) with potential for increased rental income.
  • Versatile lower level: Can be used as living quarters or converted to business use (store, retail, office).
  • Two spacious 2‑bedroom apartments provide steady rental income.
  • Prime location with high traffic counts and high visibility.
  • Land contract available.
Last Update: Sep 17
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Mixed-Use Building in Ray, MI
$375,000
3,752 SF

Mixed-Use Building in Ray, MI

21710 29 Mile Rd, Ray, MI 48096

Two-story, three-unit building with business potential in Ray, MI.

  • 8% or more CAP Rate (current rent below area average)
  • Prime location with high traffic and visibility
  • Three units: two 2‑bed/1‑bath apartments (938 sqft each) and a large lower level (1876 sqft)
  • Lower level suitable for business use (store, retail, office, etc.) or living quarters
  • Each unit has a private entrance
Last Update: Sep 17
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Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 Active listings in Ray, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities

Explore Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Clinton Twp Medical Office Building
$6,200,000
16,548 SF

Clinton Twp Medical Office Building

16,548 SF Medical Facility, $6.2M
16100 19 Mile Rd, Clinton Township, MI 48038
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Rochester Flex Space Investment
$1,699,000
4,350 SF

Rochester Flex Space Investment

4,350 SF Mixed-Use, Vacant
311 University Dr, Rochester, MI 48307
View details
Mixed-Use Retail and Office Space
$1,600,000
4,350 SF

Mixed-Use Retail and Office Space

Recently constructed retail and office space near downtown Rochester, MI.
311 W University Dr, Rochester, MI 48309
View details
Prime Clinton Twp. Banquet Hall & Restaurant
$2,300,000
12,000 SF

Prime Clinton Twp. Banquet Hall & Restaurant

Established Business, High-Traffic Location
36217 Southbound Gratiot Ave, Clinton Township, MI 48035
View details

Ray, MI Mixed-Use Properties Investment Opportunities Market Analysis

Explore 2 mixed-use properties for sale in Ray, MI on our real estate platform. These investment opportunities span a total of 56,628 square feet of properties for sale, with an estimated market value of $750,000.

Prices for multi use buildings in Ray, MI start at $375,000, averaging $375,000, and reaching up to $375,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you have the most current data.

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