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21101 W 8 Mile Rd

3,500 SF Retail Building Detroit, MI 48219 $1,416,053 CAD ($405 CAD/SF)

Investment Highlights

  • Cash flow generating!
  • TURN-KEY operation with immense upside potential!
  • Long-time established car dealer lot with 3 Auto Service Bays!
  • Great Location! Located just South of 8 Mile/East of Telegraph on a very high traffic location road.

Executive Summary

LOCATION LOCATION LOCATION. Cash flow generating. 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 customers to conveniently park and look at inventory. TENANT OCCUPIED. DO NOT APPROACH OR DISTURB TENANTS. All measurements are approximate agents to verify.

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Auto Dealership
Building Size
3,500 SF
Building Class
C
Year Built
1980
Price
$1,416,053 CAD
Price Per SF
$405 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.21
Land Acres
0.39 AC
Zoning
B4, General Business - General Business
Parking
100 Spaces (58.65 Spaces per 1,000 SF Leased)
Frontage
118 ft on Michigan 102

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
22-019028
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$78,055 CAD
  • Listing ID: 32332932

  • Date on Market: 2023-09-05

  • Last Updated:

  • Address: 21101 W 8 Mile Rd, Detroit, MI 48219

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