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21101 W 8 Mile Road Detroit, MI $ 999,000
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$ 999,000 Get more info
21101 W 8 Mile Road
$ 999,000
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21101 W 8 Mile Road

Detroit, MI, 48219
$ 999,000
Baths0.0 Sq 1,705

Monthly Estimate*

$ 6,978

21101 W 8 Mile Road, Detroit, MI 48219 - Image 1
21101 W 8 Mile Road, Detroit, MI 48219 - Image 2
21101 W 8 Mile Road, Detroit, MI 48219 - Image 3
21101 W 8 Mile Road, Detroit, MI 48219 - Image 4
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21101 W 8 Mile Road, Detroit, MI 48219 - Image 6
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21101 W 8 Mile Road, Detroit, MI 48219 - Image 8
Studio

Commercial Property for sale in Detroit, MI

for $999,000. This 1,705 square foot building was built in 1965 on a lot size of 0.39.

Great opportunity to own this long time established car dealer lot with 3 Auto Service Bays! Cities are no longer issuing licensing. turn key operation with immense upside potential, located just south of 8 mile east of telegraph on a very high traffic location road. Site at a traffic light , Michigan turn around and has easy access with lots of visibility. also has front and side parking burm for customer to conveniently park and look at inventory. Great cash flow with long term tenant. very rare opportunity in place for a new owner to take over a turn key operation. Bring your business experience, and add financing to maximize upside and growth. Bring All Offers! TENANT OCCUPIED. DO NOT APPROACH OR DISTURB TENANTS. PRIOR TO MAKING AN APPOINTMENT, Please email pre-approval/ proof of funds.

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Commercial Active

Price

$ 999,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 4,221

Style

used car dealer / Automotive Repair

Lot Size

0.39

Year Built

1965

Town/City

Detroit

County/Region

Wayne

MLS | Web ID

20240012829
Features
General
Sewer Sewer at Street
Possession Negotiable
current use used car dealer / Automotive Repair
Zoning Commercial Multiple
Year Built 1965
Property Type Commercial
Subdivision Name MORE THAN ONE LEGAL INVOLVED
Transaction Type Sale
Status Active
Short Sale No
Construction Materials Block/Concrete/Masonry Other
Cumulative Days on Market 247
MLS Area Det - 6 To 8 Grnfld To Limits
Directions S of 8 mile / E of telegraph
City Detroit
Terms Offered Cash Conventional
School District Detroit
Land Contract 0
Ownership Status Short Sale - No Private Owned
Street Name 8 MILE
Assessment 100.00
Total Sq Ft 1705
DOM 52
Taxes 4221.0000
Legal Description S EIGHT MILE W 372 THRU 368 HARRY SLATKINS SUB NO 2 L73 P24 PLATS W C R 22/758 E 26 FT 157 JOHN F IVORY SUB NO 2 L80 P51-2 PLATS W C R AND N 4 FT VAC ALLEY ADJ 22/812 136 X 124
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Exterior
Waterfront 0
Lot Size Area 0.39
Water Source Public (Municipal) Community
Lot Size Dimensions 136.00 x 124.00
Architecture Level 1 Story
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Interior
Street Suffix Road
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Internal Only
Originating MLS Realcomp II Ltd
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* Excluded Features
List By
Terry Asmar

Listing Agent

West Bloomfield - Weichert, Realtors® - Select

Broker

Affordability Calculator

$7,330
Per Month
95%
5%
0%
Monthly Principal & Interest
$6,978
Monthly Property Taxes
$352
Monthly 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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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
848539 Elementary School
848135 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
3/1/2024$999,000 Listed Price

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21101 W 8 Mile Road, Detroit, MI, 48219 is a Commercial Property for sale at $999,000 with 1,705 sqft and a lot size of 0.39. 21101 W 8 Mile Road is a studio with 0.0 baths and was built in 1965. The property's zip code is 48219 which is in Detroit, MI

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