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16056 E 8 Mile Road Detroit, MI $ 50,000
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16056 E 8 Mile Road
$ 50,000
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16056 E 8 Mile Road

Detroit, MI, 48205
$ 50,000
Bedrooms-- Baths-- Sq 1,300

Monthly Estimate*

$ 316

16056 E 8 Mile Road, Detroit, MI 48205 - Image 1

Commercial Property for sale in Detroit, MI

for $50,000. This 1,300 square foot building was built in 1959 on a lot size of 0.05.

Prime commercial opportunity on highly traveled E. Eight Mile Road! This approximately 1,300 sq. ft. storefront offers outstanding visibility, excellent signage potential, and B4 commercial zoning, allowing for a variety of retail, office, or service-based uses. Conveniently located near major thoroughfares with strong daily traffic, this property is ideal for an owner-user or investor looking to establish or expand a business. Don't miss this excellent opportunity in a high-exposure corridor.

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Commercial Active

Price

$ 50,000

Property Type

Commercial

Taxes

$ 4,062

Style

RealEstateOnly

Lot Size

0.05

Year Built

1959

Town/City

Detroit

County/Region

Wayne

MLS | Web ID

20261051132
Features
General
Sewer PublicSewer
Possession AtClose
Garage Spaces 0.0
Construction Materials Brick
Year Built 1959
Property Subtype RealEstateOnly
Current Use Vacant
County Wayne
Net Operating Income 0.0
Operating Expense 0.0
New Construction N
Property Type CommercialSale
HOA N
Attached Garage N
Subdivision Name PATERSON BROS & COS RIDGEMONT GARDENS SUB
Garage Y/N N
Status Active
Directions 8 Mile
City DetroitCity_Wayne
Senior Community Y/N N
High School District Detroit
Zoning Description Commercial
MLS Area Area05054Det8ToGratiotHoustonTo7
Lot Size Units Acres
Carport Y/N N
Land Lease Y/N N
Tax Annual Amount 4062.0
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 23600
Expected Active Date 2026-07-06
Legal Description S EIGHT MILE RD E 16 PATERSON BROS & COS RIDGEMONT GARDENS SUB L60 P3 PLATS WCR 21/943 20 X 100
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Exterior
Water Source Public
Foundation Details Slab
Spa N
Building Area Total 1300.0
Lot Dimensions 20X100
Lot Size Acres 0.05
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 1300.0
Above Grade Finished Area Unit Type SquareFeet
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Internal Only
Street Number 1 16056
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* Excluded Features
List By
Osama Kaid

Listing Agent

Xpi Realty

Broker

(313) 502-1118

Phone

Affordability Calculator

$654
Per Month
48%
52%
0%
Monthly Principal & Interest
$316
Monthly Property Taxes
$339
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
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Pricing History
DatePricePrice ChangeDescription
7/6/2026$50,000 Listed Price

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16056 E 8 Mile Road, Detroit, MI, 48205 is a Commercial Property for sale at $50,000 with 1,300 sqft and a lot size of 0.05. 16056 E 8 Mile Road was built in 1959. The property's zip code is 48205 which is in Detroit, MI

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