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 in 1966 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

BusinessandRealEstate

Lot Size

0.25

Year Built

1966

Town/City

Detroit

County/Region

Wayne

MLS | Web ID

20261088462

Features
General
Sewer PublicSewer
Heating ForcedAir NaturalGas
Possession AtClose
Garage Spaces 0.0
Security Features ExteriorVideoSurveillance
Construction Materials Brick
Exclusions Exclusion(s) Do Not Exist
Year Built 1966
Levels One
Property Subtype BusinessandRealEstate
Current Use Automotive Commercial Other Retail Service
Business Type Commercial Other Retail Service
County Wayne
Net Operating Income 0.0
Operating Expense 0.0
New Construction N
Property Type CommercialSale
HOA N
Attached Garage N
Subdivision Name DRENNAN & SELDONS REGENT PARK 1
Garage Y/N Y
Other Structures Garages
Status Active
Directions 8 Mile
City DetroitCity_Wayne
Disclosures ExclusionsDoNotExist
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 4797.0
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 35329
Expected Active Date 2026-11-04
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
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Exterior
Fencing Fenced Perimeter
Parking Features Garage ParkingLot OnSite Secured
Water Source Public
Foundation Details Slab
Spa N
Building Area Total 756.0
Lot Dimensions 108X100
Lot Size Acres 0.25
Waterfront Y/N N
Road Frontage Type ClassA 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 756.0
Above Grade Finished Area Unit Type SquareFeet
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Internal Only
Street Number 1 15470
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* Excluded Features
List By
Dmitriy Selektor

Listing Agent

Exp Realty Main

Broker

(248) 496-4080

Phone

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
848539 Elementary School
848135 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
11/4/2026$349,900 Listed Price

Map


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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. 15470 E 8 Mile Road was built in 1966. The property's zip code is 48205 which is in Detroit, MI