3845 8 Mile Rd Detroit, MI 48221
- Retail properties
- 4,820 SF
- 0.21 lot acres
Current Use by Public Records
- Retail properties
Property Details for 3845 8 Mile Rd
- Lot size
- 0.21 lot acres
- Property size
- 4,820 SF
- Property type
- Retail properties
- Property subtype
- Office Properties & Spaces
Description
This exceptional Detroit investment opportunity presents two buildings totaling 4,820 square feet on a 0.206-acre lot at 3841 & 3845 W. 8 Mile Road, in the 48221 zip code. Located in Wayne County, Michigan, this property is zoned B4 General Business District, offering versatile usage potential. The asking price is $399,000, translating to $82.78 per square foot. Situated just two blocks east of Livernois Avenue and west of Woodward Avenue, this prime location benefits from high visibility and convenient access to major roadways. The property is within the Green Acres Community, a 24-hour patrolled area, ensuring a secure environment. Ideal for retail or street retail ventures, this property offers immediate availability and presents a strong foundation for business growth within Detroit's dynamic commercial landscape. The buildings are situated at a Michigan turnaround, maximizing exposure. This is a rare opportunity to acquire a well-positioned, versatile commercial property in a thriving Detroit neighborhood.
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
