Commercial
16060 E 8 Mile, Detroit, MI 48205
For Sale
$100,000
Commercial zoning and stated potential for retail, office, medical, and service uses, subject to municipal approval.
Property SizeContact for details
Days on Market135
Property Features for 16060 E 8 Mile
General Information
Standard status
Property subtype
Zoning
Site & Location
Neighborhood
Highway Access
Road Access
Listing Agency:
Xpi Realty
(313) 777-2222
Listed By:
Osama Kaid · License MI #6501442356
(313) 502-1118
Source:
Jabachler
Added: Jul 3
Changed: Nov 11
Last Checked: Nov 13 at 1:33AM
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
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
The storefront property at 16060 E 8 Mile in Detroit is zoned Commercial. Potential uses identified for the site include retail, office, medical, and service, all subject to municipal approval.
The property is located on E 8 Mile Road.
The property is located on E 8 Mile Road.
Key Highlights
- Commercial zoning
- Potential retail, office, medical, or service use, subject to municipal approval
- Located at 16060 E 8 Mile, Detroit
Property Analytics
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
363
Businesses Nearby
16k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 70%
Dining 30%
Sunoco
Shops & Services
8,286 visits/mo
0.5 miles
KFC
Dining
4,781 visits/mo
0.4 miles
PNC Bank
Shops & Services
2,791 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
$55,700
Median Home Value
Market
Average Price Trend$/SF for Storefront properties in Detroit, MI
Properties on Market for Storefront properties in Detroit
Vacancy Rate% for Retail in Detroit, MI
Frequently Asked Questions
What type of property is this?
Storefront property - Commercial zoning and stated potential for retail, office, medical, and service uses, subject to municipal approval.
Where is this storefront property located?
The property is located at 16060 E 8 Mile 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 zoning; Potential retail, office, medical, or service use, subject to municipal approval; Located at 16060 E 8 Mile, Detroit
