16301 W 8 MILE Road Detroit, MI $ 499,000
16301 W 8 MILE Road
$ 499,000
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16301 W 8 MILE Road

Detroit, MI, 48235
$ 499,000
Bedrooms-- Baths-- Sq 3,781

Monthly Estimate*

$ 3,113

16301 W 8 MILE Road, Detroit, MI 48235 - Image 1
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16301 W 8 MILE Road, Detroit, MI 48235 - Image 8
16301 W 8 MILE Road, Detroit, MI 48235 - Image 9
16301 W 8 MILE Road, Detroit, MI 48235 - Image 10
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16301 W 8 MILE Road, Detroit, MI 48235 - Image 12
16301 W 8 MILE Road, Detroit, MI 48235 - Image 13
16301 W 8 MILE Road, Detroit, MI 48235 - Image 14

Commercial Property for sale in Detroit, MI

for $499,000. This 3,781 square foot building was built in 1960 on a lot size of 0.54.

3,781 SF BUILDING FOR SALE ON 8 MILE BETWEEN SOUTHFIELD AND GREENFIELD. VERY BUSY ROAD WITH TRAFFIC COUNTS EXCEEDING 145,000 VEHICLES PER DAY. EXCELLENT EXPOSURE AND AMPLE PARKING MAKING THIS A PERFECT LOCATION FOR ANY RETAIL BUSINESS!

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Commercial Active

Price

$ 499,000

Property Type

Commercial

Taxes

$ 10,615

Style

RealEstateOnly

Lot Size

0.54

Year Built

1960

Town/City

Detroit

County/Region

Wayne

MLS | Web ID

20240030751

Features
General
Sewer PublicSewer
Heating ForcedAir
Possession AtClose
Construction Materials Block Brick
Year Built 1960
Levels One
Property Subtype RealEstateOnly
Current Use Other
County Wayne
Net Operating Income 0.0
Operating Expense 0.0
New Construction N
Property Type CommercialSale
HOA N
Attached Garage N
Subdivision Name ALPER-GREEN (ALSO P88) (PLATS)
Garage Y/N N
Status Active
Directions East of Southfield Hwy South of 8 Mile Road
City DetroitCity_Wayne
Senior Community Y/N N
High School District Detroit
Zoning Description Commercial
MLS Area Area05032Det6To8GrnfldToLimits
Lot Size Units Acres
Carport Y/N N
Land Lease Y/N N
Tax Annual Amount 10615.0
Home Warranty Y/N N
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Standard Status Active
Occupancy Type Vacant
Tax Assessed Value 121700
TaxOtherAnnualAssessmentAmount 100.0
Expected Active Date 2024-06-04
Legal Description S EIGHT MILE W 39 THRU 50 ALPER-GREEN SUB L71 P87-8 PLATS W C R 22/739 236 X 100
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Exterior
Water Source Public
Lot Size Area 0.54
Spa N
Building Area Total 3781.0
Lot Dimensions 235 x 100
Lot Size Acres 0.54
Waterfront Y/N N
Road Frontage Type Paved
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Interior
Basement (Y/N) N
Air Conditioning Y/N N
Heating Y/N Y
Fireplace Y/N N
Above Grade Finished Area 3781.0
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Internal Only
Street Number 1 16301
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* Excluded Features
List By
Actavia Kattula

Listing Agent

Odessa Properties

Broker

(586) 337-6800

Phone

Affordability Calculator

$3,998
Per Month
78%
22%
0%
Monthly Principal & Interest
$3,113
Monthly Property Taxes
$885
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% 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
848539 Elementary School
848135 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
6/18/2025$499,000 -13.07% Price Down
11/5/2024$574,000 -11.56% Price Down
9/10/2024$649,000 -10.48% Price Down
6/4/2024$725,000 Listed Price

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16301 W 8 MILE Road, Detroit, MI, 48235 is a Commercial Property for sale at $499,000 with 3,781 sqft and a lot size of 0.54. 16301 W 8 MILE Road was built in 1960. The property's zip code is 48235 which is in Detroit, MI