16094 E 8 Mile Road Detroit, MI ^$ 699,900

16094 E 8 Mile Road

^$ 699,900

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Recently Listed

16094 E 8 Mile Road

Detroit, MI, 48205

^$ 699,900

Bedrooms-- Baths-- Sq 6,210

Monthly Estimate*

^$ 4,419

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Commercial Property for sale in Detroit, MI

for $699,900. This 6,210 square foot building was built on a lot size of 0.29.

Currently used as a Hall/Banquet Center but ideal Retail/Office site. 6000 sq ft divided into 2 halls. 1 seats 125 the other 60. Can be opened. 3 Bathrooms, Kitchenette, off street parking and street parking. All fixtures and equipment can be purchased for an additional price. Billboard excluded from sale but also can be purchased.

Commercial Active

Price

^$ 699,900

Property Type

Commercial

Taxes

^$ 14,778

Style

Commercial/Industrial

Lot Size

0.29

Town/City

Detroit

County/Region

Wayne

MLS | Web ID

61032017

Features

General

Possession At Close

Water Public Water

Status Active Active

Year Built 19

Subdivision Paterson Bros & Cos Ridgemont Gardens Sub MI

County Wayne

Class COM/IND/BUS OPP

Type Commercial/Industrial

Ownership Private

Municipality Detroit

Zoning Commercial

Sale/Rent For Sale

Status Detail 0

Area Detroit (82001)

Primary City Detroit

Directions South Side of Eight Mile/West of Kelly

City Detroit

Financial Terms Cash Conventional

Legal Description S EIGHT MILE RD E 1 THRU 6 PATERSON BROS & COS RIDGEMONT GARDENS SUB L60 P3 PLATS WCR 21/943 128.3 IRREG

DOM 0

Postal Code 48205

Price Per Sq Ft Total AG 112.71

Public Remarks Currently used as a Hall/Banquet Center but ideal Retail/Office site. 6000 sq ft divided into 2 halls. 1 seats 125 the other 60. Can be opened. 3 Bathrooms Kitchenette

Exterior

Exterior Brick

Frontage 100

Lot Size Area 0.29

Lot Dimensions 100 x 128

Roads Paved Street

Waterfront Y/N No

* Excluded Features

List By

Frederick Andary Jr

Listing Agent

F L Andary Realty Company Inc

Broker

fred@andary.com

Affordability Calculator

$5,651

Per Month

Monthly Principal & Interest: $4,419
Monthly Property Taxes: $1,232
Monthly Home Insurance: --

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Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly 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

Trends
Schools

Commerical listings in Detroit, MI

Average List Price ^$475,404

Percent of Sale Price 32%

About Detroit, MI

633,657 Population

-33% Since 2002

^$26,977 Median Income

36.23 Median Age

26% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

760529 Elementary School

760235 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
9/21/2026	$699,900		Listed Price

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16094 E 8 Mile Road, Detroit, MI, 48205 is a Commercial Property for sale at $699,900 with 6,210 sqft and a lot size of 0.29. The property's zip code is 48205 which is in Detroit, MI

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: 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.

Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.

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16094 E 8 Mile Road

Commercial Property for sale in Detroit, MI

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