Address
8523 W 8 Mile Road Detroit, MI
Price
$ 359,900
Property Attributes
  • ML#2200020400
  • TypeCommercial
  • CountyWAYNE
  • CityDetroit
  • AreaDet 6-8 Grfld-Dequindre
  • NeighborhoodDET ROYAL GARDENS SUB NO 1
  • Zip48221
  • StyleBEER, WINE AND LIQUOR STORE
  • Year Built1970
  • Taxes4067
  • Price$ 359,900
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage2800
  • Lot Size0.32 Acres
Listing Provided Courtesy Of:
Landmark Realty
Property Description

Great location of this Well Established Liquor Store on Busy 8 Mile Road. Average Monthly Store sale is $67000 plus. Additional income of over $75,000 from Lotto Sales , Check Cashing, Money Order ,ATM an Bill pay. Family Run Business for over 30 years. Please DO NOT Approach/ Disturb Employees OR Owners . Contact Listing Agent for any Questions or Concerns.

Price History
3/11/2020 Listed $359,900

General Features

Business Type Retail
Commercial Type Business And Real Estate
Construction Materials Brick
Cumulative Days on Market 594
Current Use BEER, WINE AND LIQUOR STORE
Gross Scheduled Income 250000.00
Heating Central Air, Forced Air
Listing Agent Public Id 330294
Net Operating Income 150000.00
Operating Expense 100000.00
Originating MLS Realcomp II Ltd
Ownership Status Private Owned, Short Sale - No
Parcel Number W16I009404C9
Possession At Close
Property Type Commercial
School District Detroit
Sewer Sewer-Sanitary
Short Sale No
Status Active
Subdivision Name DET ROYAL GARDENS SUB NO 1 (PLATS)
Terms Offered Cash, Conventional
Total Sq Ft 2800
Transaction Type Sale
Year Built 1970
Zoning Commercial

Interior Features

Heating Fuel Electric, Natural Gas

Exterior Features

Architecture Level 1 Story
Foundation Slab
Foundation Materials Poured
Frontage Feet 139
Lot Size Area 0.32
Lot Size Dimensions 139.00X100.00
Water Source Municipal Water

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


IDX provided courtesy of Realcomp II Ltd., via Stonway Group and The Originating MLS(found above), © 2020 Realcomp II Ltd. Shareholders. Shareholders. The information being provided is 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.

Data is updated as of December 5, 2020 7:00 AM UTC Information deemed reliable but not guaranteed. The data relating to real estate on this web site comes in part from the Internet Data Exchange (IDX) Program of Realcomp Ltd

Property vs Zip Code Average in 48221

Price
AVG $430K
$360K
Taxes
AVG $3,905
$4,067
Visits
AVG 12
54
Year Built
AVG 1950
1970
Walkscore
AVG 68
68
Data Provided by Walkscore ® not using MLS data

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