Updated Commercial Building For
For Sale
$435,000
12744 E 8 Mile Rd, Detroit, MI 48205
5,000 sq ft commercial building with strong traffic exposure.
Property Size5,000 SF
Price / SF$87
Days on Market101
Property Features for 12744 E 8 Mile Rd
General Information
Standard status
Active
Size
5,000 SF
Property subtype
Commercial
Building Details
Year Built
1949
Listing Agency:
Keller Williams Legacy
(313) 228-3777
Listed By:
Nick Jaafar · License #6501403947
(313) 228-3777
Source:
Elliman
Added: Apr 28
Changed: Jul 10
Last Checked: Aug 6 at 8:49AM
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 Keller Williams Legacy
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
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
489
Businesses Nearby
144k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 47%
Dining 31%
Groceries 11%
Electronics 6%
Dollar Tree
Shops & Services
16,972 visits/mo
0.3 miles
Aldi
Groceries
15,887 visits/mo
0.1 miles
White Castle
Dining
13,359 visits/mo
0.1 miles
BP
Shops & Services
12,854 visits/mo
0.2 miles
Burger King
Dining
10,456 visits/mo
0.2 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
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.
