For Lease
$13.44/SF/YR

16301 8 Mile Rd Detroit, MI 48235

High-traffic Detroit retail space for sale.

Overview

Added:
Dec 11, 2024
Days on market:
137
This exceptional 3,781 square foot retail building is situated on a highly visible section of West 8 Mile Road in Detroit, Michigan, between Southfield and Greenfield Roads. Built in 1960, the single-story structure sits on a 0.54-acre lot and is currently vacant, presenting a unique opportunity for a variety of retail businesses. The property's zoning is B4-General Business District, allowing for diverse commercial uses. With ample parking and excellent street exposure on a road boasting over 145,000 vehicles daily, this location offers unparalleled visibility and accessibility. The single-tenant building presents a blank canvas for a new business to thrive. The seller is open to a land contract, offering flexible financing options. This prime location, combined with the building's size and the seller's willingness to negotiate, makes this an attractive investment opportunity in a bustling Detroit commercial corridor. The property address is 16301 W 8 Mile Road, Detroit, MI 48235.

Highlights

  • 3,781 SF retail building on 0.54-acre lot in Detroit, MI.
  • High visibility on West 8 Mile Road, between Southfield and Greenfield Roads, with over 145,000 vehicles daily.
  • Currently vacant, offering flexible use options with B4-General Business zoning.
  • Ample parking available.
  • Seller open to land contract.

Property Details for 16301 8 Mile Rd

Property type
Retail properties, Retail space
RSF (Rentable sq. ft)
3,781 SF
Year Built
1960
Buildings
1
Stories
1

Unit(s) available at that property

Space
Size
3,781 SF
Rate per SF
$13.44

Location Insight

City
Detroit
County
Wayne
State
Michigan
Latitude
42.4442322
Longitude
-83.2096545

FAQs

What type of property is this?
Retail property - High-traffic Detroit retail space for sale.
Where is the retail property located?
The property is located at 16301 8 Mile Rd Detroit, MI.
What is the lease rate?
The lease rate is $13.44/SF/YR.
What are key features of this property?
This property features: 3,781 SF retail building on 0.54-acre lot in Detroit, MI.; High visibility on West 8 Mile Road, between Southfield and Greenfield Roads, with over 145,000 vehicles daily.; Currently vacant, offering flexible use options with B4-General Business zoning.
How can I contact the broker?
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16301 8 Mile Rd
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