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Mixed-Use Storefront Property
For Sale
$160,000

16941 E 9 Mile Rd, Eastpointe, MI 48021

Occupied retail building with signage, parking, and MU2 Main Street Mixed Use zoning.

Property Size593 SF
Price / SF$269.81
Days on Market74

Property Features for 16941 E 9 Mile Rd

General Information

Standard status Active
Size 593 SF
Class C
Total Parking Spaces 8
Property subtype Investment
Zoning MU-2

Amenities

billboard/building signage

Building Details

Building Size 593 SF
Year Built 1945
Buildings 1
Tenancy Single
Listing Agency: Pilot Property Group
Listed By: James Diehl · License #6501368863
Source: Cpix.resimplifi
Added: Jun 18 Changed: Aug 29 Last Checked: Jun 23 at 1:36PM

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 Pilot Property Group

Investment Insights

Based on property information with market context.

This 1945 storefront property is occupied by Total By Verizon, which has operated at the building since 2023. The tenancy was extended for three years through April 1, 2029. Property features include building signage, a billboard, and ample parking.

Located at 16941 East 9 Mile Road in Eastpointe, Michigan, the property carries MU2: Main Street Mixed Use zoning. The tenant is responsible for CAM and general routine maintenance, while the landlord handles real estate taxes, real estate insurance, and roof, structural, and HVAC repairs exceeding $500.

Key Highlights

  • Total By Verizon tenant since 2023 with lease extension through April 1, 2029
  • MU2: Main Street Mixed Use zoning
  • Building signage and billboard included

Property Analytics

Current Use

Total By Verizon Mobile Phone Store

Suggested Use

Top Pick Real Estate Agency Parking Lot & Garage Food Market Law Firm Grocery & Convenience Store Cafe & Coffee Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

557
Businesses Nearby
Under-served
Demand for This Use

Demographics for 48021, MI

34,244
Population
14,124
Households
2.4
Avg Household Size
37
Median Age
15%
College-Educated
89%
High-School Grad
5.1 sq mi
ZIP Area
6,715
Density / Sq Mi
$58,196
Median Household Income
$35,836
Median Earnings
$1,335
Median Rent
$129,100
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

  • Bellisario Florist 23420 Gratiot Ave, Eastpointe, MI 48021

Frequently Asked Questions

What type of property is this?
Storefront property - Occupied retail building with signage, parking, and MU2 Main Street Mixed Use zoning.
Where is this storefront property located?
The property is located at 16941 E 9 Mile Rd Eastpointe, MI.
What is the asking price?
The asking price for this property is $160,000.
What are key features of this property?
This property features: Total By Verizon tenant since 2023 with lease extension through April 1, 2029; MU2: Main Street Mixed Use zoning; Building signage and billboard included
More about this property
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