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16301 Eight Mile Rd Detroit, MI 48235

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Vacant 3,781 SF Auto Shop/Storefront

Property size:
3,781 SF

Property Features for 16301 Eight Mile Rd

General Information

Property type
Retail space
Square Feet
3,781 SF
Lot Size
23,522 SF

Building Details

Year Built
1960
Buildings
1
Units
1

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Listing Contact
Actavia Kattula
Actavia Kattula

Listing Agency: Odessa Properties Listing Agent: Actavia Kattula

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Overview

This exceptional 3,781 square foot retail property, located at 16301 W 8 Mile Road in Detroit, Michigan, presents a lucrative investment opportunity. Situated in a high-traffic area with over 145,000 vehicles passing daily, this vacant building offers unparalleled visibility and accessibility. The property boasts a convenient 0.54-acre lot, providing ample parking for customers. Built in 1960, the single-building structure is zoned B4-General Business District, making it suitable for a variety of retail uses, particularly auto-related businesses given its previous use as an auto shop and storefront. The asking price is $574,000, translating to $151.81 per square foot. This represents a strong value proposition in a prime Detroit location. The seller is open to considering a land contract, offering flexible financing options for potential buyers. This property's high visibility, ample parking, and flexible financing options make it an ideal investment for entrepreneurs seeking a thriving retail location on one of Detroit's busiest thoroughfares. The property is currently vacant, allowing for immediate occupancy and customization to suit the buyer's specific needs. This is a rare opportunity to acquire a well-located, sizable retail space in a high-demand area.
Property Profile Location Intelligence

Current Use by Public Records

Retail space

Suggested Use

Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Grocery & Convenience Store Gym & Fitness Center

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

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  • Local Demand
City
Detroit
County
Wayne
State
Michigan
Longitude
-83.2096545
Latitude
42.4442322

FAQs

What type of property is this?
Retail space - Vacant 3,781 SF Auto Shop/Storefront
Where is this retail space located?
The property is located at 16301 Eight Mile Rd Detroit, MI.
What is the asking price?
The asking price for this property is $574,000.
What are key features of this property?
This property features: 3,781 SF retail building at 16301 W 8 Mile Road, Detroit, MI.; High-traffic location with over 145,000 vehicles daily, offering excellent visibility.; 0.54-acre lot with ample parking.
(586) 337-6800 Call to check price and availability
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