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Aaron's 25001 W 8 Mile Rd 8,025 SF Retail Building Redford, MI 48240 $2,085,824 CAD ($259.92 CAD/SF)
INVESTMENT HIGHLIGHTS
- Free Standing Building with 8,025 SF with multiple curb cuts located on Corner lot with 200’ of Eight Mile Road frontage at Signalized Intersection.
- Existing Pylon sign and 20 Parking Spots.
- 0.5 Acres with excellent street presence.
EXECUTIVE SUMMARY
Redford Recreational Dispensary
25001 Eight Mile W, Redford Twp, MI 48240
OVERVIEW
Located at 25001 Eight Mile W in Redford Township, MI 48240, this municipally approved recreational dispensary site occupies a prime position along one of Metro Detroit’s busiest thorough fares. Featuring 200 feet of frontage on Eight Mile Road, a signalized intersection, and multiple curb cuts, the property offers exceptional visibility, safe access, and versatile traffic flow, attracting both local residents and commuters. The site serves a densely populated area, with more than 50,000 residents within a 3-mile radius.
The freestanding building encompasses 8,025 square feet, providing ample space for retail operations, complemented by 20 parking spaces to ensure customer convenience. Zoned C-2 (General Commercial), the property meets all compliance requirements for dispensary use, blending seamlessly into an economically revitalized area that increasingly supports new business growth. These strategic advantages—accessibility, visibility, and favorable demographics—position this site as an ideal location for a thriving dispensary.
Price includes Marihuana Retail Establishment License + Real Estate
Saler Price: $1,495,000.00
Building Size: 8,025 sq. ft.
3-Mile Population: 50,000+
Daily Traffic: 50,000 +
25001 Eight Mile W, Redford Twp, MI 48240
OVERVIEW
Located at 25001 Eight Mile W in Redford Township, MI 48240, this municipally approved recreational dispensary site occupies a prime position along one of Metro Detroit’s busiest thorough fares. Featuring 200 feet of frontage on Eight Mile Road, a signalized intersection, and multiple curb cuts, the property offers exceptional visibility, safe access, and versatile traffic flow, attracting both local residents and commuters. The site serves a densely populated area, with more than 50,000 residents within a 3-mile radius.
The freestanding building encompasses 8,025 square feet, providing ample space for retail operations, complemented by 20 parking spaces to ensure customer convenience. Zoned C-2 (General Commercial), the property meets all compliance requirements for dispensary use, blending seamlessly into an economically revitalized area that increasingly supports new business growth. These strategic advantages—accessibility, visibility, and favorable demographics—position this site as an ideal location for a thriving dispensary.
Price includes Marihuana Retail Establishment License + Real Estate
Saler Price: $1,495,000.00
Building Size: 8,025 sq. ft.
3-Mile Population: 50,000+
Daily Traffic: 50,000 +
PROPERTY FACTS
Sale Type
Investment or Owner User
Sale Condition
High Vacancy Property
Property Type
Retail
Property Subtype
Freestanding
Building Size
8,025 SF
Building Class
B
Year Built
1972
Price
$2,085,824 CAD
Price Per SF
$259.92 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.40
Lot Size
0.46 AC
Opportunity Zone
Yes
Zoning
C-2 General Commercial - The C-2, General Commercial District is designed to cater to the needs of a larger consumer population.
Parking
18 Spaces (2.53 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Pylon Sign
- Signage
- Signalized Intersection
- Air Conditioning
NEARBY MAJOR RETAILERS
Fifth Third Bank
PROPERTY TAXES
| Parcel Number | 79-001-01-0987-000 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $272,724 CAD |
PROPERTY TAXES
Parcel Number
79-001-01-0987-000
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$272,724 CAD
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Aaron's | 25001 W 8 Mile Rd
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