8741 W 8 MILE Road Detroit, MI ^$ 120,000

8741 W 8 MILE Road

^$ 120,000

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8741 W 8 MILE Road

Detroit, MI, 48221

^$ 120,000

Studio Baths0.0 Sq 549

Monthly Estimate*

^$ 838

8741 W 8 MILE Road, Detroit, MI 48221 - Image 1

8741 W 8 MILE Road, Detroit, MI 48221 - Image 2

8741 W 8 MILE Road, Detroit, MI 48221 - Image 3

Studio

Commercial Property for sale in Detroit, MI

for $120,000. This 549 square foot building was built on a lot size of 0.05.

Must see! Looking for ALL Visionaries!!! This property packs a punch on a viable corner of 8 Mile. This space is sectioned off but can be opened up and extended back to the alley. The property also comes with a designated parking area. THIS IS THE BUILDING SALE ONLY. POF is required before all showings.

Commercial Active

Price

^$ 120,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 759

Style

Commercial/Industrial

Lot Size

0.05

Town/City

Detroit

County/Region

Wayne

MLS | Web ID

60267815

Features

General

Possession At Close

Water Public Water

Status Active Active

Year Built 19

Subdivision DET ROYAL GARDENS (PLATS) MI

County Wayne

Class COM/IND/BUS OPP

Type Commercial/Industrial

Percent Ownership Private

Municipality Detroit

Zoning Commercial

Area Detroit (82001)

Primary City Detroit

Directions 8 Mile

City Detroit

Street Name 8 MILE

Financial Terms Cash Conventional

Legal Description S EIGHT MILE ROAD E 20 FT 247 DETROYAL GARDENS SUB L35 P77 PLATS W C R 16/364 20 X 100

DOM 176

Postal Code 48221

Price Per Sq Ft 218.58

Coming Soon Must see! Looking for ALL Visionaries!!! This property packs a punch on a viable corner of 8 Mile. This space is sectioned off but can be opened up and extended back to the alley. The property also co

Exterior

Exterior Block

Frontage 15

Lot Size Area 0.05

Lot Dimensions 20.00 x 100.00

Roads Paved Street

Waterfront Y/N No

* Excluded Features

List By

Tarita Boone

Listing Agent

Real Estate By Rita

Broker

tarita@rebyrita.com

Affordability Calculator

$901

Per Month

Monthly Principal & Interest: $838
Monthly Property Taxes: $63
Monthly Home Insurance: --

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Interest Rate

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Yearly Home Insurance

Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Detroit, MI

Average List Price ^$474,943

Percent of Sale Price 296%

About Detroit, MI

633,657 Population

-33% Since 2002

^$26,977 Median Income

36.23 Median Age

26% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

760529 Elementary School

760235 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
10/30/2023	$120,000		Listed Price

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8741 W 8 MILE Road, Detroit, MI, 48221 is a Commercial Property for sale at $120,000 with 549 sqft and a lot size of 0.05. 8741 W 8 MILE Road is a studio with 0.0 baths. The property's zip code is 48221 which is in Detroit, MI

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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8741 W 8 MILE Road

Commercial Property for sale in Detroit, MI

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