7765 W 8 MILE RD Detroit, MI 48221

$489,900
7765 W 8 MILE RD, Detroit, MI 48221
216110571

Commercial Property for sale in Detroit, MI

for $489,900. This 1,824 square foot building was built in 1970 on a lot size of 0.45 Acre(s).

Property Information

  • $489,900
  • Commercial
  • 1,824 Square Feet
  • Taxes are $4,331
  • Business
  • Active
  • Lot size of 0.45 Acre(s)
  • Built in 1970
  • Detroit, MI
  • 8 Mile Wyoming Neighborhood
  • Wayne County
  • MLS/Web ID is 216110571

Description

HUGE USED CAR DEALER ON THE ALWAYS BUSY 8 MILE RD ACROSS STREET FROM KROGER AND ALDI SUPER MARKET...THOUSAND OF CARS DRIVE ON THE BASE LINE ROAD. OWNER NET CLEAR OVER $200, 000 PER YEAR. SHORT HOURS. SELLING BUSINESS AND REAL ESTATE...INVENTORIES (CARS) TO BE PAID AT CLOSING. LAND-CONTRACT AVAILABLE ONLY WITH $200, 000 DOWN WITH FIVE YEAR BALLOON, PLUS ALL INVENTORS/USED CARS TO BE PAID AT CLOSING. NO SHOWING WITHOUT AN APPROVAL BY THE LISTING BROKER...MUST HAVE THE PROVE OF FUND BEFORE VISITING THIS DEALER AND THE LISTING BROKER MUST BE AWARE OF IT AND A COPY OF IT TO BE E-MAIL TO HIM BEFORE ANY SHOWING... Current Use: USED CAR DEALER, Business Type: Retail, Service, Lot Dimensions: 97X200

Interior 3

Heating Source

  • Natural Gas

Heating System

  • Forced Air
  • Hot Water Heater: Gas

Water Source

  • Municipal

Exterior 4

Construction

  • Brick
  • Stone

Foundation

  • Block
  • Slab

Land Improvements

  • Sidewalks

Zoning

  • Commercial

Miscellaneous 2

Acceptable Finance

  • Cash
  • Land Contract

Commercial

  • 230 Volts
  • Cat V Wiring

† Excluded Feature

Additional Info

<p><img src="https://images.weichert.com/mlslogoimages/rc_sml.gif" style="float:left;" alt=""/> Provided through IDX through Realcomp II Ltd. Courtesy of WEICHERT, REALTORS®” “Copyright 2014 Realcomp II Ltd. Shareholders</p> <p>&copy; 2018 Realcomp Ltd. All rights reserved.</p>

Neighborhood & Schools

School District: Detroit

 See complete school information

Listed By

Listing Agent: Mike Bahry
Broker: RE/MAX VISION

7765 W 8 MILE RD , Detroit, MI, 48221 is a Commercial Property for sale at $489,900 with 1,824 sqft and a lot size of 0.45 Acre(s). 7765 W 8 MILE RD has 0.0 baths and was built in 1970. The property's zip code is 48221 which is in Detroit, MI

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Market Pricing

Average % of sale price Median % of sale price
All listings in Detroit $490,879 0 % above $299,900 39 % below
Commerical listings in Detroit $575,751 18 % above $298,450 39 % below

Get the facts about Detroit, MI!

Population 637,006
Population Growth (since 2000) -33 %
Median Income $27,031
Median Age 35.76
Households w/ Children 28 %

Residential Dwellings

  • Owned 123756
  • Vacant 69865
  • Rented 117652

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