For Sale
$280,097

8065 8 Mile Rd Detroit, MI 48221

Detroit Retail Space - High Traffic Area

Overview

Added:
Dec 11, 2024
Days on market:
127
This exceptional commercial property, located at 8065 W 8 Mile Road in Detroit, Michigan, presents a lucrative investment opportunity. The property boasts a prime location at the intersection of W. Eight Mile and Greenlawn, ensuring high visibility and foot traffic. Currently configured as a beer and wine party store, the building offers 2,000 square feet of retail space, ideal for a variety of commercial uses. Built in 1973, the single-story structure sits on a 0.05-acre lot and is zoned for commercial use. The asking price is $280,097, translating to a price per square foot of $140. This represents a strong value proposition in a vibrant Detroit market. The property's convenient location and existing infrastructure make it an attractive option for both established businesses and new ventures. The property's history as a successful party store demonstrates its potential for continued profitability. With its high-traffic location and versatile space, this property is poised for continued success under new ownership. The property's size and zoning provide flexibility for a range of commercial enterprises. Serious inquiries are encouraged to explore this promising investment opportunity further. The property is situated in Wayne County, Michigan, with a zip code of 48221.

Property Details for 8065 8 Mile Rd

Property type
Retail properties, Land
Square Feet
2,000 SF
Year Built
1973
Stories
1
Lot Size (sq. ft)
2,178 SF

Location Insight

City
Detroit
County
Wayne
State
Michigan
Latitude
42.44559
Longitude
-83.152218
8065 8 Mile Rd, Detroit, Michigan

FAQs

What type of property is this?
Retail property - Detroit Retail Space - High Traffic Area
Where is the retail property located?
The property is located at 8065 8 Mile Rd Detroit, MI.
What is the asking price?
The asking price for this property is $280,097.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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8065 8 Mile Rd
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