3845 8 Mile Rd Detroit, MI 48221
- Retail properties
- 3,800 SF
Current Use by Public Records
- Retail properties
Property Details for 3845 8 Mile Rd
- Property size
- 3,800 SF
- Property type
- Retail properties
- Property subtype
- Office Properties & Spaces
Description
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
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Detroit
- County
- Wayne
- State
- Michigan
- Longitude
- -83.1385
- Latitude
- 42.4459
