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8523 W 8 MILE Road

$ 380,000
8523 W 8 MILE RD ,
13
Active

Description

WELL ESTABLISHED LIQUOR STORE ON 8 MILE, WITH ANNUAL SALES ABOVE $800,000 PLUS $80,000 IN ANNUAL INCOME FROM SALES OF LOTTERY, CHECK CASHING ATM AND BILL PAY. ONE OWNER FOR OVER 30 YEARS. HOURS ARE MONDAY -THURSDAY 10-10, FRIDAY AND SATURDAY 10-11, AND SUNDAY 12-8.

Address: 8523 W 8 MILE RD
City:
State/County:
Zip: 48221
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Property Id : 24919
Price: $ 380,000
Building size: 0.32 acres
Available Space: 2800 sq.ft.
Active Openhouse Count: 0
Architecture Level: 1 Story
Assessment: 0
Building Area Source: Owner
Business Licenses: Beer & Wine,Liquor,Lottery,Lotto Terminal
Business Type: Retail
CDOM: 261
Commercial Exterior Features: Gutter Guard System,Outside Lighting
Commercial Type: Business And Real Estate
Commercial Utilities: 3 Phase Power,220V Available,Cable TV,Security Alarm
Construction Materials: Brick
County Or Parish: Wayne
Current Use: LIQUOR STORE
Directions: OFF OF 8 MILE RD JUST W OF WYOMING
Directions From EastWest: W
Directions From EastWest Detail: LIVERNOIS
Directions From NorthSouth: S
Directions From NorthSouth Detail: 8 MILE
Distance To Interstate: 2
DOM: 261
Foundation Details: Slab
Foundation Materials: Other
Frontage Feet: 139
Gross Scheduled Income: 720000.00
Heating: Central Air,Forced Air
Heating Fuel: Natural Gas
Last Change Type: Price Decrease
List Office Name: RE/MAX Property Source
List Price By Acre: 1187500.0000
Lock Box Type: Appointment
Lot Size Dimensions: 139 X 100
MLS: Realcomp II Ltd
MLS Area Major: Det 6-8 Grfld-Dequindre
MLS Area Major Number: 05041
MLS Number: 219033013
Monthly Sales: 60000
Annual Net Income: 180000.00
Office Heating: Central Air
Operating Expense: 6000.00
Original List Price: 400000.00
Ownership Status: Private Owned,Short Sale - No
Parcel Number: W16I009404C9
Plant Heating: Central Air
Postal City: Detroit
Postal Code Plus 4: 1101
Property Type: Commercial
Protection Period: 180
Road Frontage Type: Class C
Roof Material: Rubber
Room Count: 0
School District: Detroit
Settlement: City
Sewer: Sewer-Sanitary
Short Sale: No
Sqft Main: 2800
Sqft Office: 100
Sqft Source: OWNER
State Equalized Value: 54800.0000
Street Dir Prefix: W
Street Name: 8 MILE
Street Number: 8523
Street Suffix: Road
Subdivision Name: DET ROYAL GARDENS SUB NO 1 (PLATS)
Table: Commercial
Taxable Value: 43782.0000
Tax Amount Summer: 3471.0000
Tax Amount Winter: 415.0000
Tax Legal Description: S W EIGHT MILE 568 THRU 573DETROYAL GARDENS SUB NO 1 L42 P27 PLATS W C R 16/365 139 X 100
Title: Private - Owned
Total Tax: 3886.0000
Unit Count: 0
Virtual Tour URL Unbranded: https://www.propertypanorama.com/instaview/nocbor/219033013
Water Heater Fuel: Electric
Water Source: Municipal Water
Year Built: 1970
Zoning: Commercial
APOD Available: Yes
Customer Comment: Yes
Encroachment: No
Interstate: Yes
Inventory Included: No
Inventory List: No
Land Contract: No
Legal Rental Certified: Yes
Publish Sale Price: Yes
Restrictions: No
Waterfront: No
IDX provided courtesy of Realcomp II Ltd., via RE/MAX Property Source and Realcomp, © 2021 Realcomp II Ltd. Shareholders.

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