20500 Mound Road Detroit, MI $ 3,499,900
20500 Mound Road
$ 3,499,900
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20500 Mound Road

Detroit, MI, 48234
$ 3,499,900
Bedrooms-- Baths-- Sq 12,500

Monthly Estimate*

$ 21,549

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Commercial Property for sale in Detroit, MI

for $3,499,900. This 12,500 square foot building was built in 1948 on a lot size of 1.

Prestige Auto Parts presents a rare opportunity to acquire a long-term, established automotive dismantling and parts business, including the real estate, business, and all inventory, which is valued at $950,000 and included in the sale. This turnkey operation offers everything needed for immediate continued success, making it ideal for an owner-operator or investor looking to step into a proven and profitable business with a strong operating history. Land contract terms may be available depending on origination and buyer qualifications, providing flexible acquisition options.

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Commercial Active

Price

$ 3,499,900

Property Type

Commercial

Taxes

$ 9,557

Style

BusinessandRealEstate

Lot Size

1

Year Built

1948

Town/City

Detroit

County/Region

Wayne

MLS | Web ID

20261017585

Features
General
Sewer PublicSewer
Heating Electric ForcedAir
Possession AtClose
Garage Spaces 0.0
Construction Materials Brick
Year Built 1948
Levels OneandOneHalf
Property Subtype BusinessandRealEstate
Current Use Automotive Commercial Retail Warehouse
County Wayne
Net Operating Income 450000.0
Operating Expense 250000.0
New Construction N
Property Type CommercialSale
HOA N
Attached Garage N
Subdivision Name BELL REALTY COS LOG CABIN PARK
Garage Y/N N
Status Active
Directions Head toward the intersection of Mound Road and 8 Mile Road by taking Mound Road until you reach 8 Mile then locate the southeast corner of the intersection which will be on your right if you are tr
City DetroitCity_Wayne
Senior Community Y/N N
High School District Detroit
Zoning Description HeavyIndustry
MLS Area Area05051Det68DequindreToConner
Lot Size Units Acres
Carport Y/N N
Land Lease Y/N N
Tax Annual Amount 9557.0
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 128365
Expected Active Date 2026-03-18
Legal Description E MOUND 36 THRU 38 AND W 1/2 GABLE AVE BELL REALTY CO LOG CABIN PK SUB L41 P93 PLATS W C R 13/307 120 X 158
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Exterior
Water Source Public
Spa N
Building Area Total 12500.0
Lot Dimensions 120X158
Lot Size Acres 1.0
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 12500.0
Above Grade Finished Area Unit Type SquareFeet
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Internal Only
Street Number 1 20500
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* Excluded Features
List By
Nathaniel Korkis

Listing Agent

Summit Union Real Estate

Broker

(586) 404-3239

Phone

Affordability Calculator

$22,346
Per Month
96%
4%
0%
Monthly Principal & Interest
$21,549
Monthly Property Taxes
$796
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
Pricing History
DatePricePrice ChangeDescription
3/18/2026$3,499,900 Listed Price

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20500 Mound Road, Detroit, MI, 48234 is a Commercial Property for sale at $3,499,900 with 12,500 sqft and a lot size of 1. 20500 Mound Road was built in 1948. The property's zip code is 48234 which is in Detroit, MI