3845 8 Mile Road
Retail-Commercial
for Sale
| Catylist Listing ID: |
30836140 |
| Property Subtypes: |
Free-Standing Building
|
| Building Size (RSF): |
6,545 SF
|
| Gross Building Area: |
See Agent |
| Sale Price: |
$750,000 |
| Unit Price: |
$114.59 PSF |
| Property Use Type: |
Vacant/Owner-User |
| Sale Terms: |
Cash to Seller, Other |
| Cap Rate: |
Undisclosed |
| Last Updated: |
3/23/2023 |
Overview / Comments
PROPERTY DESCRIPTION:
6,545 SF retail/office for sale. Building split into 3 units and can be leased to 3 different tenants. Situated in the Green Acres neighborhood that is patrolled 24 hours. Building is located just west of Woodward. Across from new Ferndale townhomes. Located at a turn around allowing for easy access. B-4 Zoning. High traffic and high-density area with over 66,000 passing motorists daily. Pylon & building signage available. Surrounded by multiple national, regional, and local retailers. Over 208,000 households within a 5-mile radius. Property is located in Green Zone.
LOCATION DESCRIPTION:
Located on the south side of 8 Mile Road just west of Livernois.
|
Additional Details
| Nearest MSA: |
Detroit-Warren-Dearborn |
| County: |
Wayne |
| Submarket/Township: |
Detroit W of Woodward |
| Tax ID/APN: |
02006206.003L |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
20,270 |
198,692 |
529,432 |
| Median Age: |
38.43 |
38.45 |
37.8 |
| Households: |
8,842 |
80,986 |
211,079 |
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