21501 8 Mile Road
Retail-Commercial
for Sale
| Catylist Listing ID: |
30834760 |
| Property Subtypes: |
Vehicle Related
|
| Building Size (RSF): |
4,620 SF
|
| Gross Building Area: |
See Agent |
| Gross Land Area: |
1.10 Acres
|
| Sale Price: |
$750,000 |
| Unit Price: |
$162.34 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:
Property has operated as a used car lot for 30 years. High daily foot traffic. Able to fit over 200 vehicles. 4,620 SF building on 1.097 acre site. Pylon signage available. Over 44,000 VPD passing along 8 Mile Road. Surrounded by many national, regional, and local retailers.
LOCATION DESCRIPTION:
Located on the south side of 8 Mile Road, just east of Lahser Road and minutes from Telegraph Road.
|
Additional Details
| Nearest MSA: |
Detroit-Warren-Dearborn |
| County: |
Wayne |
| Submarket/Township: |
Detroit W of Woodward |
| Tax ID/APN: |
22019029011 |
| Zoning: |
B4, GENERAL BUSINESS |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
16,057 |
149,437 |
403,501 |
| Median Age: |
39.46 |
38.67 |
39.15 |
| Households: |
6,796 |
60,609 |
162,665 |
|
© Copyright 2001-2023 Moody's. All Rights Reserved.
The information presented herein is provided as is, without warranty of any kind.
Neither Commercial Property Information Exchange (CPIX) nor
Moody's assume any liability for errors or omissions.
|
