Building Details

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Listing Agency: Signature Associates Warren j***@signatureassociates.com Show Phone

Listed By: Joe Stack · License #MI

Source: Crexi

Added: Apr 11 Changed: Aug 31 Last Checked: Aug 30 at 1:57PM

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Investment Insights

Based on property information with market context.

This mixed-use property combines a 2-story building with a basement retail area. Four residential units are arranged across the 1st and 2nd floors, creating a vertically integrated residential and commercial layout.

Recent improvements include a new paved parking lot, roof, and boiler. The property is located at 8750 W. Nine Mile Road in Oak Park, Michigan.

Key Highlights

• Four residential units on the 1st and 2nd floors
• Retail space located in the basement area
• 2‑story building plus basement

Property Analytics

Property Profile

Current Use

Quadplexes

Suggested Use

Top Pick Real Estate Agency Restaurant Law Firm Dental Office Building Supply Big Box & Wholesale Store

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

464

Businesses Nearby

Explore this area Business Placement

Demographics for 48237, MI

29,560

Population

13,036

Households

2.3

Avg Household Size

38

Median Age

39%

College-Educated

93%

High-School Grad

5.1 sq mi

ZIP Area

5,796

Density / Sq Mi

$65,882

Median Household Income

$44,992

Median Earnings

$1,354

Median Rent

$198,500

Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022

7.5% 2023

7.8% 2024

8% 2025

Questions? Ask Rey

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What type of property is this? Where is this mixed-use properties located? What is the asking price? Find similar properties ... What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Mixed-use property - Four residential units occupy the upper floors above basement-level retail space.

Where is this mixed-use property located?

The property is located at 8750 W Nine Mile Road Oak Park, MI.

What are key features of this property?

This property features: Four residential units on the 1st and 2nd floors; Retail space located in the basement area; 2‑story building plus basement