300 E 8 MILE Road Detroit, MI $ 695,000
300 E 8 MILE Road
$ 695,000
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300 E 8 MILE Road

Detroit, MI, 48203
$ 695,000
Bedrooms-- Baths-- Sq 12,000

Monthly Estimate*

$ 4,336

300 E 8 MILE Road, Detroit, MI 48203 - Image 1
300 E 8 MILE Road, Detroit, MI 48203 - Image 2
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300 E 8 MILE Road, Detroit, MI 48203 - Image 4
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300 E 8 MILE Road, Detroit, MI 48203 - Image 7
300 E 8 MILE Road, Detroit, MI 48203 - Image 8
300 E 8 MILE Road, Detroit, MI 48203 - Image 9
300 E 8 MILE Road, Detroit, MI 48203 - Image 10

Commercial Property for sale in Detroit, MI

for $695,000. This 12,000 square foot building was built in 1941 on a lot size of 0.08.

Capture a rare opportunity to own a strategically located commercial property where 8 Mile Rd and I-75 converge, offering unmatched visibility and seamless access to Metro Detroit. Spanning an entire city block along iconic 8 Mile Road, this 12,000-square-foot property features soaring 20-foot ceilings and adaptable space, ready to shape your business vision. Boasting prominent frontage on one of Detroit’s most traveled corridors, the property delivers exceptional exposure with high-traffic visibility, drawing commuters and shoppers from across the region. Zoned B4, it offers subdivision potential for lot splits or phased projects, including retail, offices, or mixed-use development. Built for security and efficiency, it includes a state-of-the-art camera system, remote-controlled gated entry, metal roller shutters, and a fenced yard ideal for parking or storage. Multiple bathrooms and an open interior with existing utilities support custom build-outs tailored to your needs. Unlisted for decades, this property is a gateway to thriving in Detroit’s vibrant renaissance. The seller welcomes long-term leases or Land Contract offers, ensuring flexible investment options. Act now—schedule your private showing today to claim this extraordinary property and join Detroit’s resurgence.

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Commercial Active

Price

$ 695,000

Property Type

Commercial

Taxes

$ 2,549

Style

RealEstateOnly

Lot Size

0.08

Year Built

1941

Town/City

Detroit

County/Region

Wayne

MLS | Web ID

20250025200

Features
General
Sewer PublicSewer
Possession AtClose
Construction Materials Concrete
Year Built 1941
Levels One
Property Subtype RealEstateOnly
Current Use Commercial
Business Type Commercial Industrial Medical Manufacturing Mixed ProfessionalOffice 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 GILMORE & CHAVENELLES NO 2 (PLATS)
Garage Y/N N
Status Active
Directions South on 8 Mile rd and West of I-75
City DetroitCity_Wayne
Senior Community Y/N N
High School District Detroit
Zoning Description Commercial
MLS Area Area05041Det68GrfldDequindre
Lot Size Units Acres
Carport Y/N N
Land Lease Y/N N
Tax Annual Amount 2549.0
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 29044
TaxOtherAnnualAssessmentAmount 100.0
Expected Active Date 2025-04-11
Legal Description S EIGHT MILE ROAD E 634&635 EXC EIGHT MILE RD AS WD GILMORE & CHAVENELLES SUB NO 2 L40 P94 PLATS W C R 9/198 49.21 IRREG
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Exterior
Water Source Public
Lot Size Area 0.08
Spa N
Building Area Total 12000.0
Lot Dimensions 49.00 x 67.00
Lot Size Acres 0.08
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 N
Fireplace Y/N N
Above Grade Finished Area 12000.0
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Internal Only
Street Number 1 300
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* Excluded Features
List By
David A Fisher

Listing Agent

Keller Williams Advantage

Broker

(248) 688-4330

Phone

Affordability Calculator

$4,548
Per Month
95%
5%
0%
Monthly Principal & Interest
$4,336
Monthly Property Taxes
$212
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
9/2/2025$695,000 -7.33% Price Down
7/17/2025$750,000 -25.00% Price Down
4/11/2025$1,000,000 Listed Price

Map


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300 E 8 MILE Road, Detroit, MI, 48203 is a Commercial Property for sale at $695,000 with 12,000 sqft and a lot size of 0.08. 300 E 8 MILE Road was built in 1941. The property's zip code is 48203 which is in Detroit, MI