Property summary
This exceptional 3,781 square foot retail building is situated on a highly visible section of West 8 Mile Road in Detroit, Michigan, between Southfield and Greenfield Roads. Built in 1960, the single-story structure sits on a 0.54-acre lot and is currently vacant, presenting a unique opportunity for a variety of retail businesses. The property's zoning is B4-General Business District, allowing for diverse commercial uses. With ample parking and excellent street exposure on a road boasting over 145,000 vehicles daily, this location offers unparalleled visibility and accessibility. The single-tenant building presents a blank canvas for a new business to thrive. The seller is open to a land contract, offering flexible financing options. This prime location, combined with the building's size and the seller's willingness to negotiate, makes this an attractive investment opportunity in a bustling Detroit commercial corridor. The property address is 16301 W 8 Mile Road, Detroit, MI 48235.
Property profile
VerifiedCap rate & NOI
Current use
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(Bike/Boat/Book/etc) Store Specialty Food Shop
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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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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