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16301 W Eight Mile Rd 3,781 SF Retail Building Detroit, MI 48235 $499,000 ($131.98/SF)
INVESTMENT HIGHLIGHTS
- 3,781 Square Feet
- Permitted Uses: Retail, Trade Services
- Zoning: B4-General Business District
EXECUTIVE SUMMARY
3,781 SF BUILDING FOR SALE ON 8 MILE BETWEEN SOUTHFIELD AND GREENFIELD. VERY BUSY ROAD WITH TRAFFIC COUNTS EXCEEDING 145,000 VEHICLES PER DAY. EXCELLENT EXPOSURE AND AMPLE PARKING MAKING THIS A PERFECT LOCATION FOR ANY RETAIL BUSINESS!
TAXES & OPERATING EXPENSES (ACTUAL - 2024) Click Here to Access |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
TAXES & OPERATING EXPENSES (ACTUAL - 2024) Click Here to Access
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
Sale Type
Owner User
Property Type
Retail
Property Subtype
Freestanding
Building Size
3,781 SF
Building Class
C
Year Built/Renovated
1960/1974
Price
$499,000
Price Per SF
$131.98
Tenancy
Single
Building Height
1 Story
Building FAR
0.08
Lot Size
1.08 AC
Zoning
B-4 - General Business District
Parking
15 Spaces (3.97 Spaces per 1,000 SF Leased)
Frontage
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 22-01-877-90-06L | Improvements Assessment | $0 (2025) |
| Land Assessment | $0 (2025) | Total Assessment | $156,900 (2025) |
PROPERTY TAXES
Parcel Number
22-01-877-90-06L
Land Assessment
$0 (2025)
Improvements Assessment
$0 (2025)
Total Assessment
$156,900 (2025)
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16301 W Eight Mile Rd
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