17321 8 Mile RdDetroit, MI 48235

For Sale
$1,500,000

Prime Detroit location, 3,000 sq ft, redevelopment opportunity.

Overview

Added:
Feb 3
Days on market:
39
This exceptional 3,000 square foot industrial property, situated on a 0.18-acre lot at 17321 W 8 Mile in Detroit, Michigan, presents a unique investment opportunity. Currently configured as a liquor store, the property offers significant potential for redevelopment into a licensed recreational dispensary. The substantial square footage provides ample space for retail operations, storage, and potential expansion. The strategic location on W 8 Mile ensures high visibility and accessibility, placing the property within a bustling commercial corridor. This presents a rare chance to capitalize on the growing demand for recreational dispensaries in the Detroit market. The property's existing infrastructure provides a solid foundation for a swift and efficient conversion, minimizing upfront costs and maximizing return on investment. The 0.18-acre lot offers potential for future expansion or outdoor amenities. This is an exceptional opportunity for an investor seeking a high-return venture in a rapidly evolving market. The asking price is $1,500,000. Serious inquiries only.

Property Details for 17321 8 Mile Rd

Property type
Industrial properties, Other industrial properties
Square Feet
3,000 SF
Year Built
1919
Lot Size (sq. ft)
7,841 SF

Location Insight

City
Detroit
County
Wayne
State
Michigan
Latitude
42.44409
Longitude
-83.21543
17321 8 Mile Rd, Detroit, Michigan

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17321 8 Mile Rd
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