Two-Unit Retail
For Sale
$180,000
16038 E 8 Mile Rd, Detroit, MI 48205
Two commercial units on E. 8 Mile Road offer flexible space for retail and professional services.
Property Size3,200 SF
Price / SF$56.25
Days on Market12
Property Features for 16038 E 8 Mile Rd
General Information
Standard status
Active
Size
3,200 SF
Additional Details
Road Access
Yes
Building Details
Year Built
1963
Tenancy
Multi
Listing Agency:
@properties Christie's Int'l R E Rochester
(248) 420-5101
Listed By:
Vic Shauni
Source:
Katie-k
Added: Aug 17
Changed: Aug 28
Last Checked: Aug 25 at 4:57AM
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 @properties Christie's Int'l R E Rochester
Investment Insights
Based on property information with market context.
Units A and B each provide 1,600 square feet within a retail-oriented commercial property on E. 8 Mile Road in Detroit. The configuration offers two separate spaces for businesses seeking storefront or professional service space.
The property is positioned along E. 8 Mile Road, with the source information noting visibility and exposure to both pedestrian and vehicle traffic. Potential business applications identified for the units include medical services, retail, therapy, nail or hair salon operations, smoke shop use, and other professional services.
The property is positioned along E. 8 Mile Road, with the source information noting visibility and exposure to both pedestrian and vehicle traffic. Potential business applications identified for the units include medical services, retail, therapy, nail or hair salon operations, smoke shop use, and other professional services.
Key Highlights
- Units A and B, each offering 1,600 square feet
- Located at 16038 E. 8 Mile Road in Detroit, MI 48205
- Potential uses include medical, retail, therapy, nail, and hair salon businesses
Property Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
464
Businesses Nearby
70k
Monthly Visits Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - Two commercial units on E. 8 Mile Road offer flexible space for retail and professional services.
Where is this retail space located?
The property is located at 16038 E 8 Mile Rd Detroit, MI.
What is the asking price?
The asking price for this property is $180,000.
What are key features of this property?
This property features: Units A and B, each offering 1,600 square feet; Located at 16038 E. 8 Mile Road in Detroit, MI 48205; Potential uses include medical, retail, therapy, nail, and hair salon businesses
