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Updated Commercial Building For Sale
For Sale
$435,000

12744 E 8 Mile Rd, Detroit, MI 48205

5,000 sq ft commercial building with strong traffic exposure.

Property Size5,700 SF
Price / SF$87
Days on Market117

Property Features for 12744 E 8 Mile Rd

General Information

Standard status Active
Size 5,700 SF
Property subtype Commercial

Taxes and HOA fees

Annual Taxes $2,872

Building Details

Building Size 5,700 SF
Year Built 1949
Listing Agency: KW Commercial Dearborn
Listed By: Nick Jaafar · License #6501403947
Source: Elliman
Added: Apr 28 Changed: Aug 12 Last Checked: Aug 22 at 10:16AM

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 KW Commercial Dearborn

Investment Insights

Based on property information with market context.

The property is an approximately 5,000 sq ft commercial building available for sale. The building has been fully updated throughout, featuring new electrical systems, a new indoor HVAC system with the cooling condenser located on the roof, new lighting, and a new exposed drop ceiling. Currently used as a liquidation space, the open layout provides flexibility for retail, showroom, or a variety of commercial uses. The property is in turnkey condition, with major mechanical updates already completed. The location offers strong traffic exposure while maintaining a private setting. The bike score is 51, indicating it is bikeable. The walk score is 53, meaning it is somewhat walkable, and the transit score is 43, indicating some transit options are available.

Key Highlights

  • Approximately 5,000 sq ft commercial building.
  • Fully updated throughout with new electrical, HVAC, lighting, and exposed drop ceiling.
  • Turnkey condition with major mechanical updates already completed.

Property Analytics

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

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 - 5,000 sq ft commercial building with strong traffic exposure.
Where is this retail space located?
The property is located at 12744 E 8 Mile Rd Detroit, MI.
What is the asking price?
The asking price for this property is $435,000.
What are key features of this property?
This property features: Approximately 5,000 sq ft commercial building.; Fully updated throughout with new electrical, HVAC, lighting, and exposed drop ceiling.; Turnkey condition with major mechanical updates already completed.
More about this property
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