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Retail and Office Flex Space
For Sale
$50,000

16046 E 8 Mile Road, Detroit, MI 48205

For-sale storefront with versatile retail and office-friendly space, marketed for visible, easily accessible customer use.

Property Size1,200 SF
Price / SF$41.67
Days on Market100

Property Features for 16046 E 8 Mile Road

General Information

Standard status Active
Size 1,200 SF
Property subtype Commercial

Building Details

Year Built 1955
Listing Agency: EXP Realty Main
Listed By: Lashawn Peterson
Source: Sabudarealty
Added: Apr 30 Changed: Jul 22 Last Checked: Aug 6 at 2:03PM

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 EXP Realty Main

Investment Insights

Based on property information with market context.

This for-sale commercial property is presented as a flexible storefront option that can support a range of business uses, including retail and office. The offering is also described as suitable for salon, boutique, service-based businesses, or mixed-use possibilities, depending on a buyer’s operational needs.

The property is located at 16046 E 8 Mile Road in Detroit, MI 48205. Public remarks emphasize convenient access and visibility, positioning it as a straightforward entry point for bringing a business concept to life or generating rental income.

The property is listed under Retail properties & Spaces and Office Spaces, reflecting its intended fit for multiple storefront and workspace configurations.

Key Highlights

  • Commercial storefront with versatile retail and office‑friendly space
  • Year built: 1955
  • Marketed as suitable for retail, office, salon, boutique, service‑based business, or mixed‑use use

Property Analytics

Current Use

Storefront properties

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

489
Businesses Nearby
Under-served
Demand for This Use

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 Office in Detroit, MI

11.9% 2019
13.9% 2020
15.2% 2021
17.9% 2022
20.3% 2023
22% 2024
19.5% 2025
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Frequently Asked Questions

What type of property is this?
Storefront property - For-sale storefront with versatile retail and office-friendly space, marketed for visible, easily accessible customer use.
Where is this storefront property located?
The property is located at 16046 E 8 Mile Road Detroit, MI.
What is the asking price?
The asking price for this property is $50,000.
What are key features of this property?
This property features: Commercial storefront with versatile retail and office‑friendly space; Year built: 1955; Marketed as suitable for retail, office, salon, boutique, service‑based business, or mixed‑use use
More about this property
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