16301 Eight Mile Rd Detroit, MI 48235
- Retail properties
- 3,781 SF
- 0.54 lot acres
Current Use by Public Records
- Retail properties
Property Details for 16301 Eight Mile Rd
- Year built
- 1960
- Lot size
- 0.54 lot acres
- Property size
- 3,781 SF
- Property type
- Retail properties
- Property subtype
- Retail space
Description
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.
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
- -83.2097
- Latitude
- 42.4442
