21101 W 8 MILE Road Detroit, MI ^$ 999,900

21101 W 8 MILE Road

^$ 999,900

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21101 W 8 MILE Road

Detroit, MI, 48219

^$ 999,900

Studio Baths0.0 Sq 1,705

Monthly Estimate*

^$ 6,646

21101 W 8 MILE Road, Detroit, MI 48219 - Image 1

21101 W 8 MILE Road, Detroit, MI 48219 - Image 2

21101 W 8 MILE Road, Detroit, MI 48219 - Image 3

21101 W 8 MILE Road, Detroit, MI 48219 - Image 4

21101 W 8 MILE Road, Detroit, MI 48219 - Image 5

21101 W 8 MILE Road, Detroit, MI 48219 - Image 6

21101 W 8 MILE Road, Detroit, MI 48219 - Image 7

21101 W 8 MILE Road, Detroit, MI 48219 - Image 8

Studio

Commercial Property for sale in Detroit, MI

for $999,900. This 1,705 square foot building was built on a lot size of 0.39.

Great opportunity to own this long time established car dealer lot with 3 Auto Service Bays! Cities are no longer issuing licensing. turn key operation with immense upside potential, located just south of 8 mile east of telegraph on a very high traffic location road. Site at a traffic light , Michigan turn around and has easy access with lots of visibility. also has front and side parking burm for customer to conveniently park and look at inventory. Great cash flow with long term tenant. very rare opportunity in place for a new owner to take over a turn key operation. Bring your business experience, and add financing to maximize upside and growth. Bring All Offers! TENANT OCCUPIED. DO NOT APPROACH OR DISTURB TENANTS. PRIOR TO MAKING AN APPOINTMENT, Please email pre-approval/ proof of funds.

Commercial Active

Price

^$ 999,900

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 4,243

Style

Commercial/Industrial

Lot Size

0.39

Town/City

Detroit

County/Region

Wayne

MLS | Web ID

60304461

Features

General

Possession Negotiable (Possession)

Water Public Water Community

Status Active Active

Year Built 19

Subdivision MORE THAN ONE LEGAL INVOLVED MI

County Wayne

Class COM/IND/BUS OPP

Type Commercial/Industrial

Percent Ownership Private

Municipality Detroit

Zoning Mixed Use Commercial

Area Detroit (82001)

Primary City Detroit

Directions S of 8 mile / E of telegraph

City Detroit

Street Name 8 MILE

Financial Terms Cash Conventional

Legal Description S EIGHT MILE W 372 THRU 368 HARRY SLATKINS SUB NO 2 L73 P24 PLATS W C R 22/758 E 26 FT 157 JOHN F IVORY SUB NO 2 L80 P51-2 PLATS W C R AND N 4 FT VAC ALLEY ADJ 22/812 136 X 124

DOM 34

Postal Code 48219

Price Per Sq Ft Total 586.45

Coming Soon Great opportunity to own this long time established car dealer lot with 3 Auto Service Bays! Cities are no longer issuing licensing. turn key operation with immense upside potential

Exterior

Exterior Block Other

Frontage 200

Lot Size Area 0.39

Lot Dimensions 136.00 x 124.00

Roads Paved Street

Waterfront Y/N No

* Excluded Features

List By

Terry Asmar

Listing Agent

West Bloomfield - Weichert, Realtors® - Select

Broker

Affordability Calculator

$6,999

Per Month

Monthly Principal & Interest: $6,646
Monthly Property Taxes: $354
Monthly Home Insurance: --

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Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 6.99% 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 ^$486,850

Percent of Sale Price 51%

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
5/1/2024	$999,900		Listed Price

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21101 W 8 MILE Road, Detroit, MI, 48219 is a Commercial Property for sale at $999,900 with 1,705 sqft and a lot size of 0.39. 21101 W 8 MILE Road is a studio with 0.0 baths. The property's zip code is 48219 which is in Detroit, MI

Each Weichert® Franchised Office Is Independently Owned and Operated

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.99% 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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21101 W 8 MILE Road

Commercial Property for sale in Detroit, MI

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