320 8 Mile RdHazel Park, MI 48030

Property Details for 320 8 Mile Rd

Year built

1942

Lot size

0.08 AC

Property size (Sq ft)

2,580 SF

Zone code

II

Property type

Industrial properties

Property subtype

Other warehouses

APN

28-25-35-460-016

APU

282535460016

Description

This exceptional 2,580 square foot warehouse, located at 320 Eight Mile W in Hazel Park, Michigan, presents a remarkable investment opportunity. Built in 1942 and extensively renovated in 2023, this all-brick/block concrete structure boasts high ceilings, ample power, and a concrete floor. The property features heating, cooling, and hot water, along with a large garage door for easy access. A fully fenced lot provides secure parking. Its strategic location on Eight Mile Road offers excellent visibility. The permitted zoning, Land Use: 201 - BUSINESS, IMPROVED, allows for a variety of commercial uses. This versatile space is ideal for a range of businesses, offering potential for owner-occupancy or leasing to generate strong rental income. The property's recent renovation ensures modern functionality and efficiency, minimizing upfront capital expenditures. The asking price is $229,900. This Hazel Park warehouse presents a compelling opportunity for investors and business owners alike. The property is situated in Oakland County, Michigan, zip code 48030.

• Alternative Use

  Use

  Valuation

  Residential

  $614,203

  Hospitality

  $562,607

  Educational

  $468,082

  Medical

  $484,180

  Retail

  $728,128

Location Insight

City

Hazel Park

County

Oakland

State

Michigan

Latitude

42.4475

Longitude

-83.1068

CBSA code

19820

CBSA name

DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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