Commercial Building with Road
For Sale
$100,000
16060 E 8 Mile Rd, Detroit, MI 48205
Versatile building on E. 8 Mile Rd with strong visibility and daily traffic, suited for multiple commercial uses subject to approval.
Property Size2,770 SF
Days on Market40
Property Features for 16060 E 8 Mile Rd
General Information
Standard status
Active
Size
2,770 SF
Property subtype
Commercial
Site & Location
Highway Access
Yes
Road Access
Yes
Taxes and HOA fees
Annual Taxes
$12,280
Building Details
Building Size
2,770 SF
Year Built
1970
Listing Agency:
XPI Realty
(313) 502-1118
Listed By:
Osama Kaid · License #6501442356
(313) 502-1118
Source:
Elliman
Added: Jul 4
Changed: Aug 12
Last Checked: Aug 12 at 6:08AM
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 XPI Realty
Investment Insights
Based on property information with market context.
This versatile commercial building is presented for sale with adaptability for retail, office, medical, service, or investment use, subject to municipal approval. The property’s flexible positioning makes it suitable for owner-operators and businesses evaluating multiple potential operating formats.
Located at 16060 E 8 Mile Rd in Detroit, the building benefits from visibility along a highly traveled corridor described as having consistent daily traffic. The property is also described as being conveniently situated near major roads, freeways, and established businesses, supporting day-to-day customer and commuter exposure.
Additional transit and walkability metrics are available, with walkScore 51 (Somewhat Walkable) and transitScore 43 (Some Transit), as provided in the listing materials.
Located at 16060 E 8 Mile Rd in Detroit, the building benefits from visibility along a highly traveled corridor described as having consistent daily traffic. The property is also described as being conveniently situated near major roads, freeways, and established businesses, supporting day-to-day customer and commuter exposure.
Additional transit and walkability metrics are available, with walkScore 51 (Somewhat Walkable) and transitScore 43 (Some Transit), as provided in the listing materials.
Key Highlights
- Commercial property built in 1970
- Located on E. 8 Mile Road with consistent daily traffic and high visibility
- Versatile for retail, office, medical, service, or investment use (subject to municipal approval)
Property Analytics
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
489
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Spa & wellness property - Versatile building on E. 8 Mile Rd with strong visibility and daily traffic, suited for multiple commercial uses subject to approval.
Where is this spa & wellness property located?
The property is located at 16060 E 8 Mile Rd Detroit, MI.
What is the asking price?
The asking price for this property is $100,000.
What are key features of this property?
This property features: Commercial property built in 1970; Located on E. 8 Mile Road with consistent daily traffic and high visibility; Versatile for retail, office, medical, service, or investment use (subject to municipal approval)
