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24737 W 8 Mile Road Detroit, MI $ 1,600,000
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24737 W 8 Mile Road
$ 1,600,000
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24737 W 8 Mile Road

Detroit, MI, 48219
$ 1,600,000
Bedrooms-- Baths-- Sq 2,613

Monthly Estimate*

$ 10,103

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Commercial Property for sale in Detroit, MI

for $1,600,000. This 2,613 square foot building was built in 1980 on a lot size of 0.19.

BRAND NEW TURN-KEY RESTAURANT AND BUILDING READY TO GO. LOCATED ON HIGH TRAFFIC 8 MILE RD. ALL EQUIPMENT, TABLES, ETC INCLUDED IN THE SALE. OWNER COLLECTS 9K PER YEAR FOR BILLBOARD SIGN AT THE PROPERTY.

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Commercial Active

Price

$ 1,600,000

Property Type

Commercial

Taxes

$ 7,091

Style

BusinessandRealEstate

Lot Size

0.19

Year Built

1980

Town/City

Detroit

County/Region

Wayne

MLS | Web ID

20261049655
Features
General
Sewer PublicSewer
Heating ForcedAir NaturalGas
Possession AtClose
Garage Spaces 0.0
Construction Materials Brick
Year Built 1980
Levels One
Property Subtype BusinessandRealEstate
Current Use Restaurant
County Wayne
Net Operating Income 0.0
Operating Expense 0.0
New Construction N
Property Type CommercialSale
HOA N
Attached Garage N
Subdivision Name MORE THAN ONE LEGAL INVOLVED
Garage Y/N N
Status Active
Directions SOUTH OF 8 MILE RD WEST OF TELEGRAPH RD
City DetroitCity_Wayne
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 7091.0
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 84222
Expected Active Date 2026-06-30
Legal Description S EIGHT MILE W TRIANG POR OF N W 1/4 OF N E 1/4 SEC 5 T I S R 10 E LYG W & ADJ GRANDVIEW AVE BETW EIGHT MILE RD & FARMINGTON AVE EXC E 140 FT ON N LINE BG E 143.20 FT ON S LINE 22/--- 257.03 IRREG
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Exterior
Water Source Public
Spa N
Building Area Total 2613.0
Lot Dimensions 33 X 257
Lot Size Acres 0.19
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 2613.0
Above Grade Finished Area Unit Type SquareFeet
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Internal Only
Street Number 1 24737
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* Excluded Features
List By
Tarick M Salmaci

Listing Agent

Arg Realty

Broker

(313) 333-0111

Phone

Affordability Calculator

$10,693
Per Month
94%
6%
0%
Monthly Principal & Interest
$10,103
Monthly Property Taxes
$591
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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
See complete school information
Pricing History
DatePricePrice ChangeDescription
6/30/2026$1,600,000 Listed Price

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24737 W 8 Mile Road, Detroit, MI, 48219 is a Commercial Property for sale at $1,600,000 with 2,613 sqft and a lot size of 0.19. 24737 W 8 Mile Road was built in 1980. The property's zip code is 48219 which is in Detroit, MI

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