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First-Floor Retail Space with Ventilation
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2050 8th Street, Detroit, MI 48216

Food and beverage-ready space with existing ventilation and gated shared parking.

Space SizeContact for details
Property Size40,000 SF
Days on Market283

Property Features for 2050 8th Street

General Information

Standard status Active
Size 40,000 SF
Property subtype Retail
Zoning B4

Building Details

Building Size 40,000 SF
Listing Agency: Friedman Integrated Real Estate
Listed By: Alan Stern · License #101010
Source: Cpix.resimplifi
Added: Nov 12, 2025 Changed: Aug 20 Last Checked: Aug 20 at 4:05AM

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 Friedman Integrated Real Estate

Investment Insights

Based on property information with market context.

This first-floor retail offering provides up to 4,097 SF within Elton Park Corktown, a residential development spanning five blocks and six buildings. The space includes in-place ventilation and access to gated shared parking used by residents and employees, supporting food and beverage operations.

The property is near Ford's Michigan Central, which has 5,000 employees, and The Godfrey Hotel. Nearby dining and retail activity includes Hamiltons, Memento Gelato, Ottava Via, McShane's Irish Pub, Ima, Slows BBQ, and Corktown Taphouse. B4 zoning further identifies the commercial setting for prospective operators.

Key Highlights

  • Up to 4,097 SF of first‑floor retail space
  • Existing in‑place ventilation supports food and beverage operations
  • Gated shared resident and employee parking

Property Analytics

Current Use

Elton Park Corktown ... Apartment Building

Suggested Use

Top Pick Electrical Service Kitchen & Bath Showroom (Bike/Boat/Book/etc) Store Daycare Center Home Appliance Store Dental Office

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

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

1,114
Businesses Nearby
53k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 59% Dining 35% Home Improvements & Furnishings 6%
BP Shops & Services
12,434 visits/mo 0.5 miles
Mobil Shops & Services
9,396 visits/mo 0.4 miles
White Castle Dining
8,727 visits/mo 0.3 miles
Marathon Shops & Services
7,847 visits/mo 0.2 miles
SUBWAY Dining
5,168 visits/mo 0.1 miles

Demographics for 48216, MI

5,031
Population
3,398
Households
1.5
Avg Household Size
35
Median Age
37%
College-Educated
87%
High-School Grad
2.3 sq mi
ZIP Area
2,187
Density / Sq Mi
$42,278
Median Household Income
$42,189
Median Earnings
$860
Median Rent
$225,300
Median Home Value

Market

Lease Benchmarks for Detroit, MI

$15.29 /SF/Yr
Avg Asking Price
$3–$30 /SF/Yr
Price Range
15,151 SF
Avg Space Size

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?
Retail space - Food and beverage-ready space with existing ventilation and gated shared parking.
Where is this retail space located?
The property is located at 2050 8th Street Detroit, MI.
What are key features of this property?
This property features: Up to 4,097 SF of first‑floor retail space; Existing in‑place ventilation supports food and beverage operations; Gated shared resident and employee parking
More about this property
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