15500 E 8 Mile Rd

Detroit, MI
$ 2,300,000 Beds 0 Baths 0 Sq 3,571
Monthly Estimate* How much can I afford?

MAKE 3.5 MILLION DOLLARS ANNUALLY TO START ON THIS UNBELIEVABLE OPPORTUNITY WITH A BUILT IN CUSTOMER BASE OF OVER 11,000 MEDICAL MARIJUANA PATIENTS!!!! THIS IS BEFORE THE RECREATIONAL LICENSING, SO LIMITLESS OPPORTUNITY HERE! ONE OF THE FIRST DISPENSARIES IN WAYNE COUNTY, CURRENTLY CLOSED-OWNER MOVED-4 OTHER ADJACENT LOTS TO INCLUDE;15482, 15486, 15490 AND 15494. WE ALSO HAVE AN 84 ACRE FARM AVAILABLE FOR ADDITIONAL 650K! NO COSTS SPARED IN THE ALL NEWER REHAB AND FIXTURES! EVERY SINGLE DETAIL WAS IMPLEMENTED TO INCLUDE SAFETY AND SECURITY! ALL FIXTURES TO INCLUDE FULL KITCHEN FOR EDIBLES, 13 FT HOOD/OVENS/GRIDDLE/GRILL/COM FRIDGE/HUGE DISPLAY CASES/COOLERS/CANDY COOLER/VENDING/SAFE/DISPLAY SHELVING/SITTING AREA W/FRPLC AND COUCHES AND MUCH MUCH MORE!! THIS IS A MINIMUM 35% CAP PROPERTY AND WILL NOT LAST! BACK ON MARKET 3-16-21 AND NO PARTNERSHIP OFFERS PLEASE:)

Commercial

  • Price
  • $ 2,300,000
  • Lot Size
  • 0.48 Acres
  • Bedrooms
  • 0
  • Sqr Footage
  • 3,571
  • Full Bathrooms
  • 0
  • Year Built
  • 1967
  • Half Bathrooms
  • 0
  • City, Zip
  • Detroit
  • Taxes
  • 6071
  • County
  • WAYNE
  • Style
  • Commercial/Industrial
  • Area
  • Detroit
  • MLS#
  • 40144926
  • Zip
  • 48205
Listing Provided by: First Michigan Realty Corp
Data Source: Michigan Multiple Listing Service

Features

General

Class COM/IND/BUS OPP
Commercial Features Cable TV Available, Fence, Railroad
Cooling Central A/C
Directions No sign-On E. 8 Mile-South side just West of Gratiot plus 4 vac lots
Financial Terms Cash, Conventional
Heating Forced Air
Legal Description S EIGHT MILE E 303&304 DRENNAN & SELDONS REGENT PARK SUB NO 1 L55 P88 PLATS, WCR 21/905 40 X 100
Listing Area Detroit (82001)
Municipality Detroit
Originating Mls RealComp
Ownership Private
Roof Other-See Remarks, Rubber
Source Mls MI Real Source
Status Active
Status Active
Subdivision DRENNAN & SELDONS REGENT PARK NO 1 (PLATS)
Subj To Short Sale Apprvl No
Type Commercial/Industrial
Water Public Water
Year Built 1967
Zoning Commercial

Interior Features

Fuel Type Natural Gas

Exterior Features

Sale Includes Business and Real Estate
Exterior Concrete/Block, Stone, Stucco
Foundation Type Slab
Frontage 212
Lot Dimensions 212.25X100.00
Lot Size Area 0.48
Sewer Septic Public At Street
Waterfront Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$2,869

Per Month

Based on the average sale price from the Burton, MI office

  • Monthly Principal & interest $1,740
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 3.25% 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.

Schools

Elementary School Unknown Elementary School
Middle School Unknown Middle School
High School Unknown High School

Price History

2/11/2021 Listed $2,300,000

Property vs Zip Code Average in 48205

Price
AVG $330K
$2.3M
Taxes
AVG $4,832
$6,071
Visits
AVG 99
8
Year Built
AVG 1954
1967
Walkscore
AVG 57
73
Data Provided by Walkscore ® not using MLS data

Map

Areas That We Cover

15500 E 8 Mile Rd Detroit, MI is a Single Family Home for sale at $2300000 with 3571 sqft and a lot size of 0.48 Acres Acre(s). 15500 E 8 Mile Rd Detroit has 0 bedrooms, 0 baths and was built in 1967. The property's zip code is 48205 which is in Detroit, MI

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 3.25% 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.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.