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16068 E 8 MILE Road Detroit, MI $ 299,000
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$ 299,000 Get more info
16068 E 8 MILE Road
$ 299,000
Back to search
Share Save

16068 E 8 MILE Road

Detroit, MI, 48205
$ 299,000
Bedrooms-- Baths-- Sq 1,048

Monthly Estimate*

$ 1,841

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Commercial Property for sale in Detroit, MI

for $299,000. This 1,048 square foot building was built in 1959 on a lot size of 0.09.

SOLID PROPERTY AND BUSINESS FOR SALE . OUTSTANDINGLY MAINTAINED . GREAT OPPORTUNITY FOR A DENTIST OR MEDICAL PRACTICE . EXCELLENT EXPOSURE ON 8 MILE ROAD WITH AMPLE PARKING. IMPRESSIVE LAYOUT WITH A FRONT OFFICE RECEPTION ROOM. CURRENTLY PRODUCING GOOD SALES WITH DENTIST/OWNER WORKING ONLY 3 DAYS A WEEK . OWNER IS SELLING TO FOCUS ON THE OTHER PRACTICE.

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Commercial Active

Price

$ 299,000

Property Type

Commercial

Taxes

$ 2,894

Style

BusinessandRealEstate

Lot Size

0.09

Year Built

1959

Town/City

Detroit

County/Region

Wayne

MLS | Web ID

20240070544
Features
General
Sewer PublicSewer
Heating ForcedAir NaturalGas
Cooling CentralAir
Possession ClosePlus30Days
Construction Materials Brick
Year Built 1959
Levels One
Property Subtype BusinessandRealEstate
Current Use MedicalDental
Business Type Medical ProfessionalOffice
County Wayne
Net Operating Income 215000.0
Operating Expense 45000.0
New Construction N
Property Type CommercialSale
HOA N
Attached Garage N
Subdivision Name PATERSON BROS & COS RIDGEMONT GARDENS SUB (PLATS)
Garage Y/N N
Status Active
Directions WEST OF KELLY SOUTH SIDE OF 8 MILE RD
City DetroitCity_Wayne
Senior Community Y/N N
High School District Detroit
Zoning Description Commercial
MLS Area Area05054Det8ToGratiotHoustonTo7
Lot Size Units Acres
Carport Y/N N
Land Lease Y/N N
Tax Annual Amount 2894.0
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 Owner
Tax Assessed Value 32333
TaxOtherAnnualAssessmentAmount 100.0
Expected Active Date 2024-09-27
Legal Description S EIGHT MILE RD E 12&13 PATERSON BROS & COS RIDGEMONT GARDENS SUB L60 P3 PLATS WCR 21/943 40 X 100
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Exterior
Water Source Public
Lot Size Area 0.09
Foundation Details Slab
Spa N
Building Area Total 1048.0
Lot Dimensions 40.00 x 100.00
Lot Size Acres 0.09
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 Y
Heating Y/N Y
Fireplace Y/N N
Above Grade Finished Area 1048.0
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Internal Only
Street Number 1 16068
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* Excluded Features
List By
Gabriel J Gabriel

Listing Agent

Strathmore Realty

Broker

(248) 939-1985

Phone

Affordability Calculator

$2,082
Per Month
88%
12%
0%
Monthly Principal & Interest
$1,841
Monthly Property Taxes
$241
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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
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Pricing History
DatePricePrice ChangeDescription
7/22/2025$299,000 -0.33% Price Down
9/20/2024$300,000 Listed Price

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16068 E 8 MILE Road, Detroit, MI, 48205 is a Commercial Property for sale at $299,000 with 1,048 sqft and a lot size of 0.09. 16068 E 8 MILE Road was built in 1959. The property's zip code is 48205 which is in Detroit, MI

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