8541 W 8 Mile Road Detroit, MI $ 30,000
8541 W 8 Mile Road
$ 30,000
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8541 W 8 Mile Road

Detroit, MI, 48221
$ 30,000
Baths0.0 Sq 1,220

Monthly Estimate*

$ 199

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Studio

Commercial Property for sale in Detroit, MI

for $30,000. This 1,220 square foot building was built in 1940 on a lot size of 0.05.

Discover the potential of this remarkable 1,220 sq ft commercial building. Offered "as-is," this property presents an enticing prospect for astute investors and ambitious entrepreneurs alike. Positioned in a high-traffic area with excellent visibility, the property enjoys a strategic advantage for businesses seeking maximum exposure. Nearby amenities, transport links, and a vibrant community further enhance its appeal. With ample floor space, this commercial building offers endless potential for various ventures, such as retail shops, offices, cafes, or professional services. Let your imagination run wild as you customize the space to suit your unique business vision. The property's as-is condition allows you to take advantage of a blank canvas and renovate it to match your specific needs. Create an inspiring space that reflects your brand identity and attracts customers, boosting your business prospects. Tap into the thriving market and leverage the property's strategic location for long-term growth. As the area continues to evolve, investing now could yield significant returns in the future. Don't delay seizing this remarkable opportunity. Properties like this are in high demand, and it won't stay on the market for long. Take charge of your future and make this commercial building the cornerstone of your success.

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Commercial Active

Price

$ 30,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 786

Style

Lot Size

0.05

Year Built

1940

Town/City

Detroit

County/Region

Wayne

MLS | Web ID

20230062921

Features
General
Sewer Public Sewer (Sewer-Sanitary)
Possession At Close
Zoning Commercial
Year Built 1940
Property Type Commercial
Subdivision Name DET ROYAL GARDENS (PLATS)
Transaction Type Sale
Status Active
Short Sale No
Construction Materials Brick
Cumulative Days on Market 296
MLS Area Det 6-8 Grfld-Dequindre
Directions Property located between Wyoming and Livernois Ave.
City Detroit
Terms Offered Cash Conventional Warranty Deed
School District Detroit
Land Contract 0
Ownership Status Short Sale - No Private Owned
Street Name 8 MILE
Assessment 100.00
Total Sq Ft 1220
DOM 296
Taxes 786.0000
Legal Description S EIGHT MILE ROAD E 20 FT ON N LINE BG E 19.95 FT ON S LINE 3 DETROYAL GARDENS SUB L35 P77 PLATS W C R 16/364 20 X 100
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Exterior
Waterfront 0
Lot Size Area 0.05
Water Source Public (Municipal)
Lot Size Dimensions 20.00 x 100.00
Architecture Level 1 Story
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Interior
Street Suffix Road
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Internal Only
Originating MLS Realcomp II Ltd
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* Excluded Features
List By
Lawrence Allie II

Listing Agent

Supreme Realty

Broker

(313) 575-7987

Phone

Affordability Calculator

$265
Per Month
75%
25%
0%
Monthly Principal & Interest
$199
Monthly Property Taxes
$66
Monthly 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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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
848539 Elementary School
848135 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
10/30/2023$30,000 -25.00% Price Down
9/30/2023$40,000 -33.33% Price Down
9/1/2023$60,000 -7.69% Price Down
7/30/2023$65,000 Listed Price

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8541 W 8 Mile Road, Detroit, MI, 48221 is a Commercial Property for sale at $30,000 with 1,220 sqft and a lot size of 0.05. 8541 W 8 Mile Road is a studio with 0.0 baths and was built in 1940. The property's zip code is 48221 which is in Detroit, MI