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427 E Eight Mile Rd
Hazel Park, MI 48030
Retail Property For Sale
Executive Summary
Price Improvement! Now offered at $220,000.00, This exceptional Hazel Park commercial property delivers outstanding visibility and versatility along bustling 8 Mile Road. Featuring approximately 1,183 sq. ft. of interior space on a 0.38 - acre corner adjacent lot, the building offers flexible B - 1 zoning suited for retail, salon, office or boutique service use. Enjoy promenade street frontage, ample on - site parking and easy access to I -75, John R Rd. and surrounding metro - Detroit corridors. Originally used as a salon, the space is well maintained and ready for an owner - occupant or investor seeking a turn - key setup with potential for value - add updates or additional income. Whether you're expanding your business presence or acquiring a highly visible investment property in a growth corridor, 427 E. 8 Mile Rd. offers the perfect mix of affordability, exposure and opportunity.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Freestanding
Building Size
1,200 SF
Building Class
C
Year Built
1951
Price
$303,160 CAD
Price Per SF
$252.63 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.07
Lot Size
0.39 AC
Zoning
BI - Business use
Parking
20 Spaces (16.91 Spaces per 1,000 SF Leased)
Frontage
Property Taxes
| Parcel Number | 25-36-359-037 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $82,404 CAD |
Property Taxes
Parcel Number
25-36-359-037
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$82,404 CAD
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