877 8 Mile Rd Hazel Park, MI 48030
- Retail space
- 3,445 SF
- 0.39 lot acres
Current Use by Public Records
- Your Buds / Cannabis Store
Property Details for 877 8 Mile Rd
- Year built
- 1982
- Lot size
- 0.39 lot acres
- Property size
- 3,445 SF
- Zone code
- BI
- Property type
- Retail space
- APN
- 28-25-36-380-024
- APU
- 282536380024
Description
This exceptional 3,445 square foot storefront property presents a unique redevelopment opportunity for discerning investors. Situated on a prominent 0.47-acre lot at the northwest corner of I-75 and 8 Mile Road in Hazel Park, Michigan, this former car dealership boasts unparalleled visibility and accessibility. The hard corner location ensures maximum exposure to the extremely high traffic counts generated by this major intersection. The building itself offers a flexible layout, including a drive-in showroom, ideal for a variety of retail uses. Monument signage is already in place, providing excellent branding opportunities visible from both I-75 and 8 Mile Road. The property's location in Oakland County, Michigan, zip code 48030, offers easy access to a large consumer base. The asking sale price is available upon request. Alternatively, a lease is available at a gross monthly rate of $3,300 plus utilities. This property is classified as retail, subtype storefront, and represents a compelling investment opportunity for those seeking high-impact commercial real estate in a prime location. The property's size and location make it suitable for a wide range of retail businesses seeking high visibility and accessibility.
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
- Hazel Park
- County
- Oakland
- State
- Michigan
- Longitude
- -83.0958
- Latitude
- 42.4474
- CBSA code
- 19820
- CBSA name
- DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA
