24737 W 8 Mile Road Detroit, MI ^$ 1,600,000

24737 W 8 Mile Road

^$ 1,600,000

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24737 W 8 Mile Road

Detroit, MI, 48219

^$ 1,600,000

Bedrooms-- Baths-- Sq 2,613

Monthly Estimate*

^$ 10,103

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Commercial Property for sale in Detroit, MI

for $1,600,000. This 2,613 square foot building was built on a lot size of 0.19.

BRAND NEW TURN-KEY RESTAURANT AND BUILDING READY TO GO. LOCATED ON HIGH TRAFFIC 8 MILE RD. ALL EQUIPMENT, TABLES, ETC INCLUDED IN THE SALE. OWNER COLLECTS 9K PER YEAR FOR BILLBOARD SIGN AT THE PROPERTY.

Commercial Active

Price

^$ 1,600,000

Property Type

Commercial

Taxes

^$ 7,091

Style

Commercial/Industrial

Lot Size

0.19

Town/City

Detroit

County/Region

Wayne

MLS | Web ID

61007127

Features

General

Heating Forced Air

Possession At Close

Water Public Water

Status Active Active

Year Built 19

Subdivision More Than One Legal Involved 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 OF 8 MILE RD WEST OF TELEGRAPH RD

City Detroit

Financial Terms Cash Conventional

Legal Description S EIGHT MILE W TRIANG POR OF N W 1/4 OF N E 1/4 SEC 5 T I S R 10 E LYG W & ADJ GRANDVIEW AVE BETW EIGHT MILE RD & FARMINGTON AVE EXC E 140 FT ON N LINE BG E 143.20 FT ON S LINE 22/--- 257.03 IRREG

DOM 12

Postal Code 48219

Price Per Sq Ft Total AG 612.32

Public Remarks BRAND NEW TURN-KEY RESTAURANT AND BUILDING READY TO GO. LOCATED ON HIGH TRAFFIC 8 MILE RD. ALL EQUIPMENT TABLES ETC INCLUDED IN THE SALE. OWNER COLLECTS 9K PER YEAR FOR BILLBOARD SIGN AT THE PROPERTY.

Exterior

Exterior Brick

Frontage 257

Lot Size Area 0.19

Lot Dimensions 33 X 257

Roads Paved Street

Waterfront Y/N No

Interior

Fuel Type Natural Gas

* Excluded Features

List By

Tarick Salmaci

Listing Agent

Arg Realty

Broker

Tarick@Tarick.com

Affordability Calculator

$10,693

Per Month

Monthly Principal & Interest: $10,103
Monthly Property Taxes: $591
Monthly Home Insurance: --

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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 ^$461,051

Percent of Sale Price 71%

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
6/30/2026	$1,600,000		Listed Price

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24737 W 8 Mile Road, Detroit, MI, 48219 is a Commercial Property for sale at $1,600,000 with 2,613 sqft and a lot size of 0.19. The property's zip code is 48219 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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24737 W 8 Mile Road

Commercial Property for sale in Detroit, MI

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