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Corner Commercial Space with Plans
For Sale
$150,000

13350 E 8 MILE Rd, Detroit, MI 48205

2,050 SF commercial space suitable for restaurant or medical lab.

Property Size2,147 SF
Lot Size0.06 Acres
Price / SF$73.17
Days on Market185

Property Features for 13350 E 8 MILE Rd

General Information

Standard status Active
Size 2,147 SF
Lot size 0.06 Acres
Property subtype Commercial

Taxes and HOA fees

Annual Taxes $4,069

Building Details

Building Size 2,147 SF
Year Built 1974
Listing Agency: New Way Realty Partners
Listed By: Rondre Brooks · License #6501388750
Source: Elliman
Added: Mar 10 Changed: Sep 3 Last Checked: Aug 14 at 6:03AM

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 New Way Realty Partners

Investment Insights

Based on property information with market context.

This 2,050 square foot commercial space is located at a signalized intersection. The property is white-boxed and suitable for a restaurant, medical lab, or delivery-first concepts. It features a newer roof and updated electrical. City-approved restaurant build-out plans are available. A clean Phase I environmental report is also available. The property is zoned for marijuana medical lab testing. This versatile property is suitable for a ghost kitchen, wellness clinic, or high-exposure retail.

Key Highlights

  • Prime corner location at a signalized intersection offers high visibility.
  • City‑approved restaurant build‑out plans are included.
  • Eligible for marijuana medical lab testing due to zoning.

Property Analytics

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Current Use

Retail space

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office HVAC Service Kitchen & Bath Showroom Gym & Fitness Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

464
Businesses Nearby
70k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 43% Shops & Services 37% Apparel 20%
McDonald's Dining
17,931 visits/mo 0.2 miles
Family Dollar Shops & Services
10,202 visits/mo 0.4 miles
BP Shops & Services
8,076 visits/mo 0.2 miles
Popeyes Louisiana Kitchen Dining
7,629 visits/mo 0.2 miles
Dollar General Shops & Services
4,700 visits/mo 0.3 miles

Demographics for 48205, MI

34,056
Population
17,102
Households
2
Avg Household Size
32
Median Age
9%
College-Educated
85%
High-School Grad
6.4 sq mi
ZIP Area
5,321
Density / Sq Mi
$40,612
Median Household Income
$30,833
Median Earnings
$1,149
Median Rent
$55,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in Detroit, MI

7.5% 2019
9.2% 2020
8.5% 2021
7.3% 2022
7.9% 2023
7% 2024
7% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Retail space - 2,050 SF commercial space suitable for restaurant or medical lab.
Where is this retail space located?
The property is located at 13350 E 8 MILE Rd Detroit, MI.
What is the asking price?
The asking price for this property is $150,000.
What are key features of this property?
This property features: Prime corner location at a signalized intersection offers **high visibility**.; City‑approved restaurant build‑out plans are included.; Eligible for marijuana medical lab testing due to zoning.
More about this property
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