17321 W 8 Mile Road Detroit, MI ^$ 1,500,000

17321 W 8 Mile Road

^$ 1,500,000

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17321 W 8 Mile Road

Detroit, MI, 48235

^$ 1,500,000

Bedrooms-- Baths-- Sq 3,000

Monthly Estimate*

^$ 9,358

17321 W 8 Mile Road, Detroit, MI 48235 - Image 1

Commercial Property for sale in Detroit, MI

for $1,500,000. This 3,000 square foot building was built on a lot size of 0.18.

Opportunity available to take this liquor store, and convert it into a licensed recreational dispensary.

Commercial Active

Price

^$ 1,500,000

Property Type

Commercial

Taxes

^$ 3,556

Style

Commercial/Industrial

Lot Size

0.18

Town/City

Detroit

County/Region

Wayne

MLS | Web ID

60366659

Features

General

Heating Forced Air

Possession At Close

Roof Asphalt Rubber

Water Public Water

Status Active Active

Year Built 19

Subdivision MADISON PARK NO 1 RESUB (PLATS) MI

Water Heater Gas

County Wayne

Class COM/IND/BUS OPP

Type Commercial/Industrial

Ownership Private

Municipality Detroit

Zoning Commercial

Sale/Rent For Sale

Status Detail 0

Commercial Features 440 Volt Power

Area Detroit (82001)

Primary City Detroit

Directions 8 Mile Rd

City Detroit

Financial Terms Cash Conventional

Legal Description S W EIGHT MILE 1125 THRU 1122 MADISON PARK NO 1 RESUB L64 P84 PLATS WCR 22/689 80 X 100

DOM 313

Postal Code 48235

Price Per Sq Ft Total AG 500

Public Remarks Opportunity available to take this liquor store and convert it into a licensed recreational dispensary.

Exterior

Frontage 80

Lot Size Area 0.18

Lot Dimensions 80.00 x 100.00

Roads Paved Street

Waterfront Y/N No

Interior

Fuel Type Natural Gas

* Excluded Features

List By

Nicholas Seman

Listing Agent

Dobi Real Estate

Broker

nicholas@wearedobi.com

Affordability Calculator

$9,654

Per Month

Monthly Principal & Interest: $9,358
Monthly Property Taxes: $296
Monthly Home Insurance: --

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Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly 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

Trends
Schools

Commerical listings in Detroit, MI

Average List Price ^$496,505

Percent of Sale Price 67%

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
1/24/2025	$1,500,000		Listed Price

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17321 W 8 Mile Road, Detroit, MI, 48235 is a Commercial Property for sale at $1,500,000 with 3,000 sqft and a lot size of 0.18. The property's zip code is 48235 which is in Detroit, MI

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: 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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17321 W 8 Mile Road

Commercial Property for sale in Detroit, MI

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