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Restaurant in Shopping Center Plaza
For Sale
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1936 8 Mile Rd, Detroit, MI 48234

Restaurant space located in the plaza of Belmont Shopping Center on busy 8 Mile.

Property SizeContact for details
Days on Market125

Property Features for 1936 8 Mile Rd

General Information

Standard status Active
Property subtype Retail, Business for Sale
Listing Agency: CENTURY 21 Town & Country Realty Troy
Listed By: John Shkreli · License #MI
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Jul 22 at 5:54AM

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 CENTURY 21 Town & Country Realty Troy

Investment Insights

Based on property information with market context.

Restaurant opportunity at 1936 8 Mile Rd in Detroit, MI, positioned in the plaza of Belmont Shopping Center. The offering is presented as a business opportunity with a motivated seller.

The site is described as being on a busy stretch of 8 Mile Rd between Ryan and Dequindre, with nearby stores within the shopping center, including Motown Coney Island for breakfast, lunch, or dinner traffic.

Key Highlights

  • Restaurant space located in the plaza of Belmont Shopping Center
  • Situated on busy 8 Mile between Ryan and Dequindre

Property Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Pharmacy Gym & Fitness Center Spa & Massage 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

591
Businesses Nearby
130k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Dining 52% Shops & Services 27% Apparel 15% Electronics 6%
McDonald's Dining
20,755 visits/mo 0.2 miles
Dollar Tree Shops & Services
17,390 visits/mo 0.1 miles
Popeyes Louisiana Kitchen Dining
10,265 visits/mo 0.0 miles
Sunoco Shops & Services
9,357 visits/mo 0.4 miles
Tim Hortons Dining
9,153 visits/mo 0.3 miles

Demographics for 48234, MI

31,442
Population
15,688
Households
2
Avg Household Size
36
Median Age
11%
College-Educated
84%
High-School Grad
7.8 sq mi
ZIP Area
4,031
Density / Sq Mi
$36,473
Median Household Income
$31,587
Median Earnings
$965
Median Rent
$57,100
Median Home Value

Market

Vacancy Rate% for Retail in Detroit, MI

7.5% 2019
9.2% 2020
8.5% 2021
7.3% 2022
7.9% 2023
7% 2024
7% 2025
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Restaurant space located in the plaza of Belmont Shopping Center on busy 8 Mile.
Where is this conventional restaurant located?
The property is located at 1936 8 Mile Rd Detroit, MI.
What are key features of this property?
This property features: Restaurant space located in the plaza of Belmont Shopping Center; Situated on busy 8 Mile between Ryan and Dequindre
More about this property
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