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 in 1961 on a lot size of 0.18.

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

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Commercial Active

Price

$ 1,500,000

Property Type

Commercial

Taxes

$ 3,556

Style

BusinessandRealEstate

Lot Size

0.18

Year Built

1961

Town/City

Detroit

County/Region

Wayne

MLS | Web ID

20250005077

Features
General
Sewer PublicSewer
Heating ForcedAir NaturalGas
Cooling CentralAir
Utilities AboveGroundUtilities
Possession AtClose
Roof Asphalt Rubber
Security Features BuildingSecurity SecuritySystem SmokeDetectors
Construction Materials Block Concrete
Year Built 1961
Electric Volts440
Levels One
Property Subtype BusinessandRealEstate
Current Use ConvenienceStore Retail
Business Type Recreation Retail
County Wayne
Net Operating Income 0.0
Operating Expense 0.0
New Construction N
Property Type CommercialSale
HOA N
Attached Garage N
Subdivision Name MADISON PARK NO 1 RESUB (PLATS)
Garage Y/N N
Status Active
Directions 8 Mile Rd
City DetroitCity_Wayne
Disclosures NoInventoryIncluded
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 3556.0
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 40999
Expected Active Date 2025-01-24
Legal Description S W EIGHT MILE 1125 THRU 1122 MADISON PARK NO 1 RESUB L64 P84 PLATS WCR 22/689 80 X 100
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Exterior
Parking Features ParkingLot
Water Source Public
Lot Size Area 0.18
Foundation Details Slab
Spa N
Building Area Total 3000.0
Lot Dimensions 80.00 x 100.00
Lot Size Acres 0.18
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 3000.0
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Internal Only
Street Number 1 17321
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* Excluded Features
List By
Nicholas Seman

Listing Agent

Dobi Real Estate

Broker

(248) 534-7185

Phone

Affordability Calculator

$9,654
Per Month
97%
3%
0%
Monthly Principal & Interest
$9,358
Monthly Property Taxes
$296
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
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. 17321 W 8 Mile Road was built in 1961. The property's zip code is 48235 which is in Detroit, MI