Property summary
This 3,800 square foot storefront, located at 3845 W. Eight Mile Road in Detroit, Michigan (zip code 48221), presents a compelling investment opportunity. The property is zoned B4 - General Business, offering considerable flexibility for a variety of retail or office uses. Situated in the Green Acres community, a 24-hour patrolled area, this building benefits from a high-traffic location on West 8 Mile Road, just two blocks east of Livernois Avenue and west of Woodward Avenue, ensuring excellent visibility and accessibility. The asking price is $299,000, translating to $78.68 per square foot. This prime location provides convenient access to major roadways and highways, making it an ideal spot for businesses needing easy access for customers and suppliers. The property's versatile space and strategic location within Detroit's dynamic commercial landscape make it an attractive prospect for investors seeking a strong return. This is a standalone offering
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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