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Vacant Drug Store Corner Property
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31245 8 MILE ROAD, Livonia, MI 48152

Unoccupied Rite Aid drug store on a hard corner with access from both Eight Mile Road and Merriman.

Property SizeContact for details
Days on Market144

Property Features for 31245 8 MILE ROAD

General Information

Standard status Active
Property subtype Retail
Listing Agency: MJB investments Commercial Realty Services
Listed By: Barbara Kreis · License #CA 00797227
Source: Crexi
Added: Apr 10 Changed: Aug 8 Last Checked: Jul 23 at 3:22AM

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 MJB investments Commercial Realty Services

Investment Insights

Based on property information with market context.

This unoccupied Rite Aid drug store offers a ready-to-reposition site following the drug store consolidation that left the location excess. The property is positioned on a hard corner, designed for retail use, with visibility supported by frontage along Eight Mile Road.

The site provides ingress and egress from both Eight Mile Road and Merriman, supporting convenient access for customer traffic and deliveries. The surrounding area includes a mix of offices and industrial users, along with nearby residential demographics, including a 272-unit apartment complex.

Located in Livonia, the property is approximately 15 miles northwest of downtown Detroit and near Botsford General Hospital, associated with an educational campus of Michigan State University.

Key Highlights

  • Unoccupied Rite Aid drug store location on a hard corner
  • Access and egress from both Eight Mile Road and Merriman
  • Hard corner exposure on Eight Mile Road

Property Analytics

Current Use

ATKO MARKET AND BAKERY Grocery & Convenience Store higi Physician Amazon Hub Counter ... Courier Service Dhimankumar Patel Pharmacy Zenithkumar Gandhi Pharmacy

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Restaurant Hair Salon 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

379
Businesses Nearby
19k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Shops & Services 70% Groceries 23% Dining 6%
Family Dollar Shops & Services
7,061 visits/mo 0.1 miles
Shell Shops & Services
6,295 visits/mo 0.0 miles
Royal Liquor Groceries
4,370 visits/mo 0.5 miles
Papa's Pizza & BBQ Dining
1,230 visits/mo 0.5 miles

Demographics for 48152, MI

31,098
Population
12,922
Households
2.4
Avg Household Size
47
Median Age
41%
College-Educated
95%
High-School Grad
12.0 sq mi
ZIP Area
2,592
Density / Sq Mi
$89,019
Median Household Income
$50,614
Median Earnings
$1,293
Median Rent
$284,300
Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
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Similar Off Market Nearby

  • CVS Pharmacy 1301 w 8 mile rd, detroit, mi 48203
  • Zenithkumar Gandhi 31245 Eight Mile Rd, Livonia, MI 481521608
  • Nasrin Saremi 31245 Eight Mile Rd, Livonia, MI 481521608
  • Dhimankumar Patel 31245 Eight Mile Rd, Livonia, MI 481521608

Frequently Asked Questions

What type of property is this?
Drug store - Unoccupied Rite Aid drug store on a hard corner with access from both Eight Mile Road and Merriman.
Where is this drug store located?
The property is located at 31245 8 MILE ROAD Livonia, MI.
What are key features of this property?
This property features: Unoccupied Rite Aid drug store location on a hard corner; Access and egress from both Eight Mile Road and Merriman; Hard corner exposure on Eight Mile Road
More about this property
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