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,… Read More office or boutique service use. A;A;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. A;A;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. Read Less
Provided through IDX through Realcomp II Ltd. Courtesy of Herbert J Hill Realty Real Estate Master, (313) 341-2656
Listing Snapshot
Days Online
250
Last Updated
Property Type
Commercial
Square Ft.
1,183
Lot Size
0.38 Acres
Year Built
1951
MLS Number
20251021514
30 Days Snapshot Of 48030
$107k
-3%
(avg) sold price
30
-21%
homes sold
64
+4%
(avg) days on market
Snapshot
Area Map
Additional Details
Property Access
Paved
Building
Built in 1951, 1,183 total square feet, 1,200 main square feet, Block
Foundation
Slab
Water Features
Other
Lot
Lot size area: 0.38, Lot size dimensions: 30X184.48
Miscellaneous
Gross scheduled income: $21,600, Net operating income: $18,000, Operating expense: $3,100, Real Estate Only
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