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    Detroit Entertainment Venue with Licenses
    Updated: Mar 30
    Detroit Entertainment Venue with Licenses

    20771 Eight Mile W, Detroit, MI 48219

    $2,495,000
    8,736 sqft 0.91 AC lot
    Liquor License and Cabaret License included in the sale.
    Turnkey opportunity with existing infrastructure: sound/lighting, bar coolers, kitchen equipment, seating.
    Prime location on Eight Mile Road with high traffic visibility (63,500 vehicles per day).**
    Two parcels totaling 0.91 acres with an 8,736 SF building and ample on‑site parking.
    Recent interior upgrades of approximately $400,000 invested in bars, booths, and new TVs.**
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    This listing looks promising.

    Here's a quick look at some key insights for

    20771 Eight Mile W, Detroit, MI, 48219

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    • Est. Cap Rate

      4.6%
      NOI ÷ price

    • Est. NOI

      $115K
      Annual

    • Price @ 7% Cap

      $1.65M
      Suggested
    View Property Analytics
    Flex Space with Secured Rear Yard
    Updated: Feb 13
    Flex Space with Secured Rear Yard

    14701 Harper Avenue, Detroit, MI 48224

    $179,998
    6,388 sqft 0.19 AC lot
    6,900+/- SF flex space (6388 SF listed) with multi‑room classroom‑style layout
    Two large classrooms, including approx. 40' x 28' with 13' ceilings
    Secured fenced rear yard for outdoor training, equipment staging, or secure storage
    Multiple HVAC units including high‑efficiency units, plus tankless electric conversion
    Rheem 40‑gallon water heater (2014) and additional tank previously used for classroom operations
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    32-Unit Apartment Building
    32-Unit Apartment Building

    14440 Frankfort Street, Detroit, MI 48224

    $800,000
    32,934 sqft 0.75 AC lot

    Apartment building with a mix of one- and two-bedroom units, plus 2021 exterior and systems upgrades.

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    Historic Office & Classroom Building
    Historic Office & Classroom Building

    8990 Grand River Avenue, Detroit, MI 48204

    $500,000
    13,000 sqft 0.30 AC lot

    Building includes offices and spacious classrooms with high ceilings, plus ample parking for visitors.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Restaurant and Banquet Venue
    Restaurant and Banquet Venue

    12712 Plymouth Rd, Detroit, MI 48227

    $280,000
    4,000 sqft 0.22 AC lot

    4,000 sq. ft. banquet and full-service restaurant with a fully equipped commercial kitchen and modern renovations on a paved lot.

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    Two-Story Commercial Building
    Two-Story Commercial Building

    16334 Harper Avenue, Detroit, MI 48224

    $119,900
    4,500 sqft 0.14 AC lot

    Two-story commercial building with many exterior doors, offered for sale and sold as-is for flexible redevelopment.

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    Freestanding Net-Leased Retail Building
    Freestanding Net-Leased Retail Building

    22200 Grand River Ave, Detroit, MI 48219

    $1,565,000
    9,476 sqft

    Freestanding single-tenant retail property built in 2012 and currently leased on a triple-net basis through September 2027.

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    Historic Church Campus with Two Buildings
    Historic Church Campus with Two Buildings

    1444 Mc Kinstry Street, Detroit, MI 48209

    $975,000
    28,000 sqft 0.60 AC lot

    Two architecturally significant buildings total about 28,000 SF on 0.60 acres within a Qualified Opportunity Zone.

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    Turnkey Event Venue with Kitchen
    Turnkey Event Venue with Kitchen

    W 12869 W Artesian Street Unit SourceFi, Detroit, MI 48223

    $1,300,000
    7,500 sqft

    Remodeled multi-use building with a full-service commercial kitchen, front office/reception area, and fenced yard with remote gate.

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    Turnkey Commercial Building on Mack
    Turnkey Commercial Building on Mack

    14625 Mack Ave, Detroit, MI 48215

    $879,000
    16,000 sqft 1.09 AC lot

    Well-maintained 16,000 SF building on 1.09 acres.

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    Specialty Commercial Building with Billboard
    Specialty Commercial Building with Billboard

    2424 Michigan Avenue, Detroit, MI 48216

    $770,000
    3,000 sqft 0.29 AC lot

    Commercial building on Michigan Avenue includes an on-site billboard and a three-address package along Detroit’s Corktown corridor.

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    Architecturally Significant Former Church
    Architecturally Significant Former Church

    W 400 W Grand Boulevard Unit SourceFi, Detroit, MI 48216

    $800,000
    6,688 sqft

    Architecturally significant former church on a large land assemblage along W Grand Boulevard.

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    Corner Lot Masonry Retail Building
    Corner Lot Masonry Retail Building

    26346 W 7 Mile Rd, Redford, MI 48240

    $190,000
    1,750 sqft 0.24 AC lot

    Solid masonry corner building with substantial frontage and M-1/R-1 zoning suited to retail or light service use.

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    Multi-Room Educational Flex Building
    Multi-Room Educational Flex Building

    14701 Harper Ave, Detroit, MI 48224

    $214,999
    6,900 sqft

    6,900± sf building with multiple classrooms, offices, reception areas, and a secured fenced rear yard.

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    Updated Specialty Building with Fenced Lot
    Updated Specialty Building with Fenced Lot

    W 16900 W Warren Avenue Unit SourceFi, Detroit, MI 48228

    $899,900
    4,819 sqft

    Updated building with a huge fenced-in lot and upgraded windows, roof, parking lot, plumbing, and electrical systems.

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    Multi-Use Chapel and Office Facility
    Multi-Use Chapel and Office Facility

    19301 Van Dyke Street Unit SourceFi, Detroit, MI 48234

    $649,000
    9,544 sqft

    Purpose-built facility with a chapel/assembly room, private offices, and a finished lower level, plus adjacent parking for 30+ vehicles.

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    Multipurpose Building for Church/School/Community
    Multipurpose Building for Church/School/Community

    10421 W Seven Mile Rd, Detroit, MI 48221

    $900,000
    27,400 sqft 1.37 AC lot

    27,400 SF multipurpose building ideal for church, school, community.

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    Detroit Church with Flexible Space
    Detroit Church with Flexible Space

    15003 Joy Rd, Detroit, MI 48228

    $595,000
    14,500 sqft

    14,500 sq ft church suitable for various purposes.

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    Historic Church with Flexible Space
    Historic Church with Flexible Space

    1519 Martin Luther King Jr Blvd, Detroit, MI 48208

    $1,595,000
    23,000 sqft 0.77 AC lot

    Former Trinity Episcopal Church with sanctuary, classrooms, kitchen, and playground.

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    Historic Church with Stained Glass
    Historic Church with Stained Glass

    1535 Martin Luther King Jr Boulevard Unit SourceFi, Detroit, MI 48208

    $1,595,000
    13,300 sqft 0.77 AC lot

    Historic church features stained-glass sanctuary seating 300+ and includes chapel, dining area, kitchen, classrooms, and offices.

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    Detroit Church with Paved Parking
    Detroit Church with Paved Parking

    1330 Crane St, Detroit, MI 48214

    $1,395,000
    8,000 sqft

    Church with seating, offices, kitchen, dining hall, parking.

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    Commercial Building Near Grosse Pointe
    Commercial Building Near Grosse Pointe

    15635 Mack Ave, Detroit, MI 48224

    $259,000
    11,600 sqft

    Commercial building with storefronts and apartments in growing area.

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    Banquet Hall and Event Space
    Banquet Hall and Event Space

    13200 Fenkell St, Detroit, MI 48238

    $150,000
    4,384 sqft

    Well-maintained banquet hall with a spacious open event area, four private rooms, and four bathrooms.

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    Modern Church Building For Sale
    Modern Church Building For Sale

    5201 French Rd, Detroit, MI 48213

    $549,000
    5,500 sqft

    5,500 SF church with fellowship hall and modern amenities.

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    Redford, MI Specialty Properties Market Trends and Statistics

    Explore 197 specialty properties for sale in Redford, MI, showcased through 197 active listings on our real estate platform. These investment opportunities span a total of 2,339,315 square feet of properties for sale, with an estimated market value of $56,953,994.

    Sale prices for properties in Redford, MI start at $65,000, averaging $522,513, and reaching up to $2,571,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Nursery and garden centers 2
    Churches & religious facilities 1
    Day care centers 1

    Demographics Overview

    Population 54K
    Population Growth (5Y) +0.8%
    Median Household Income $65,772
    College Educated 29.1%

    High-Yield Neighborhoods for Investment

    Identify Redford submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    48240 $190K

    Taxes & Financing

    Tax Rate (average for all types) 6.72%
    Property Tax per SF $59.47 per SF
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Wayne County

    New Delisted

    Total CRE Inventory on Market (SF)

    Property Size Breakdown

    The majority of commercial real estate listings in Redford fall within the 2,500 to 5,000 square foot range.

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    Most Searched ZIP Codes in Redford, MI

    • 48224
    • 48227
    • 48238
    • 48204
    • 48205
    • 48213
    • 48203
    • 48221
    • 48234
    • 48208
    • 48216
    • 48228

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