Equipped Restaurant
For Sale
$1,350,000
24737 W 8 Mile Road, Detroit, MI 48219
Restaurant sale includes the existing equipment and tables.
Property Size2,613 SF
Price / SF$516.65
Days on Market124
Property Features for 24737 W 8 Mile Road
General Information
Standard status
Active
Size
2,613 SF
Property subtype
Commercial
Zoning
Commercial
Site & Location
Neighborhood
Holcomb Community
Road Access
Yes
Additional Details
Furnished
Yes
Equipment Included
Yes
Taxes and HOA fees
Annual Taxes
$7,091
Building Details
Building Size
2,613 SF
Year Built
1980
Stories
1
Listing Agency:
ARG Realty
(313) 792-8030
Listed By:
Tarick M Salmaci · License #6502368290
(313) 333-0111
Source:
Housewant
Added: Jun 30
Changed: Oct 27
Last Checked: Oct 26 at 6:29PM
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 ARG 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.
This restaurant property includes a 2,613-square-foot building, with equipment and tables included in the sale. The property is located on West 8 Mile Road in Detroit.
A billboard sign at the property generates $9,000 per year in owner revenue.
A billboard sign at the property generates $9,000 per year in owner revenue.
Key Highlights
- 2,613‑square‑foot restaurant building
- Equipment and tables included in the sale
- Billboard sign at the property generates $9,000 per year
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
373
Businesses Nearby
14k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
Valero Energy
Shops & Services
5,304 visits/mo
0.4 miles
Citgo
Shops & Services
4,495 visits/mo
0.4 miles
Sunoco
Shops & Services
4,332 visits/mo
0.4 miles
Demographics for 48219, MI
46,811
Population
20,815
Households
2.2
Avg Household Size
37
Median Age
13%
College-Educated
87%
High-School Grad
8.4 sq mi
ZIP Area
5,573
Density / Sq Mi
$43,882
Median Household Income
$31,187
Median Earnings
$1,037
Median Rent
$84,500
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in Detroit, MI
Frequently Asked Questions
What type of property is this?
Conventional restaurant - Restaurant sale includes the existing equipment and tables.
Where is this conventional restaurant located?
The property is located at 24737 W 8 Mile Road Detroit, MI.
What is the asking price?
The asking price for this property is $1,350,000.
What are key features of this property?
This property features: 2,613‑square‑foot restaurant building; Equipment and tables included in the sale; Billboard sign at the property generates $9,000 per year
