15470 E 8 Mile Road Detroit, MI $ 349,900
15470 E 8 Mile Road
$ 349,900
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15470 E 8 Mile Road

Detroit, MI, 48205
$ 349,900
Bedrooms-- Baths-- Sq 756

Monthly Estimate*

$ 2,417

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Commercial Property for sale in Detroit, MI

for $349,900. This 756 square foot building was built on a lot size of 0.25.

RARE OPPORTUNITY TO OWN AN ESTABLISHED USED CAR SALES LOT ON HIGH-TRAFFIC 8 MILE ROAD! Located at 15470 E. 8 Mile Rd., this active automotive sales property offers excellent visibility and exposure along one of Metro Detroit's major commercial corridors, with thousands of vehicles passing daily. The property accommodates approximately 45 vehicles and features a sales office with an attached garage. A significant advantage is the property's existing Certificate of Compliance and Used Car Dealer License--valuable assets that can be particularly challenging to secure in this area. The established goodwill and benefits of the property's existing automotive sales use offer a unique opportunity for the next owner, with continued licensing subject to applicable approvals. Properties with this combination of location, capacity, and established automotive use rarely become available! Whether you're looking to establish or expand your automotive sales operation, this is an exceptional opportunity at an attractive price. Don't miss your chance to secure a prime location along the busy 8 Mile corridor! Schedule your private showing today. PLEASE DO NOT DISTURB EMPLOYEES. SHOWINGS BY APPOINTMENT ONLY.

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Commercial Active

Price

$ 349,900

Property Type

Commercial

Taxes

$ 4,797

Style

Commercial/Industrial

Lot Size

0.25

Town/City

Detroit

County/Region

Wayne

MLS | Web ID

61044298

Features
General
Heating Forced Air
Possession At Close
Water Public Water
Status Active Active
Year Built 19
Subdivision Drennan & Seldons Regent Park 1 MI
Water Heater Gas
County Wayne
Class COM/IND/BUS OPP
Type Commercial/Industrial
Ownership Private
Municipality Detroit
Zoning Commercial
Sale/Rent For Sale
Status Detail 0
Commercial Features Fence
Area Detroit (82001)
Primary City Detroit
Directions 8 Mile
City Detroit
Financial Terms Cash Conventional
Legal Description S EIGHT MILE 309 THRU 313 E 8 FT 314 DRENNAN & SELDONS REGENT PARK NO 1 SUB L55 P88 PLATS W C R 21/905 108 X 100
DOM 0
Postal Code 48205
Price Per Sq Ft Total AG 462.83
Public Remarks RARE OPPORTUNITY TO OWN AN ESTABLISHED USED CAR SALES LOT ON HIGH-TRAFFIC 8 MILE ROAD! Located at 15470 E. 8 Mile Rd.
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Exterior
Exterior Brick
Frontage 108
Lot Size Area 0.25
Lot Dimensions 108X100
Roads Class A Paved Street
Waterfront Y/N No
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Interior
Fuel Type Natural Gas
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* Excluded Features
List By
Dmitriy Selektor

Listing Agent

Exp Realty Main

Broker

dmitriy.selektor@exprealty.com

Email

Affordability Calculator

$2,816
Per Month
86%
14%
0%
Monthly Principal & Interest
$2,417
Monthly Property Taxes
$400
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% 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
760529 Elementary School
760235 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
11/4/2026$349,900 Listed Price

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15470 E 8 Mile Road, Detroit, MI, 48205 is a Commercial Property for sale at $349,900 with 756 sqft and a lot size of 0.25. The property's zip code is 48205 which is in Detroit, MI