8523 W 8 MILE Road $400,000

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    8523 W 8 MILE Road Detroit, MI 48221

    • 2,800 sq.ft.
    • 0.32 Acres
    • Commercial
    MLS# 219033013 | Active

    $400,000

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    Days On Market: 63 6 Views
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    Property Details

    WELL ESTABLISHED LIQUOR STORE ON 8 MILE, WITH ANNUAL SALES ABOVE $800,000 PLUS $80,000 IN ANNUAL INCOME FROM SALES OF LOTTERY, CHECK CASHING ATM AND BILL PAY. ONE OWNER FOR OVER 30 YEARS. HOURS ARE MONDAY -THURSDAY 10-10, FRIDAY AND SATURDAY 10-11, AND SUNDAY 12-8.

    • General Features
      • County Or Parish Wayne
      • Settlement City
      • Subdivision DET ROYAL GARDENS SUB NO 1 (PLATS)
      • Commercial Type Business And Real Estate
      • Business Type Retail
      • Business Licenses Lottery, Lotto Terminal
      • Current Use LIQUOR STORE
      • Lot Size Area 0.32
      • Zoning Commercial
      • Ownership Status Private Owned, Short Sale - No
      • Originating MLS Realcomp II Ltd
      • Year Built 1970
      • Sqft Total 2,800
      • Operating Expense $6,000
      • Net Operating Expense $180,000
      • Gross Scheduled Income $720,000
      • Tax Amount - Summer 3471.0000
      • Tax Amount - Winter 415.0000
    • Building Features
      • Foundation Details Slab
      • Construction Materials Brick
      • Sqft Office 100
      • Office Heating Central Air
      • Plant Heating Central Air
      • Water Heater Fuel Electric
    • Property Features
      • Commercial Utilities 3 Phase Power, 220V Available, Cable TV, Security Alarm
      • Frontage Feet 139
      • Distance To Interstate 2
      • Lot Size Dimensions 139 X 100
      • Water Source Municipal Water
      • Sewer Sewer-Sanitary
    • Schools
      • School District Detroit

    Contact

    Kevin Plaskon

    Sales Associate

    RE/MAX First

    Direct: 586-792-8000

    Neighborhood

    Neighborhood Details available exclusively for My Property Finder members

    Market Last 30 Days

    Market information available exclusively for My Property Finder members

    Property History

    Date Event Price Percent Change
    -- Current Price Source New Value: $400,000
    4/13/2019 2:42:00 PM New in Database Source

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