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8-Schaeffer Plaza 13541 W 8 Mile Rd

14,000 SF 100% Leased Retail Building Detroit, MI 48235 $2,499,999 ($179/SF)

Retail Buildings Michigan Detroit 13541 W 8 Mile Rd, Detroit, MI 48235

Investment Highlights

  • Heavy daytime foot traffic
  • Laundromat with new equipment

Executive Summary

This 6,119-square-foot self-service laundromat recently opened and has state-of-the-art machines. It is open seven days a week and offers Wash-Dry-Fold services. The facility is spacious, clean, and in a plaza with heavy foot traffic. The real estate is included, and this plaza has four units total. All units are currently occupied.
A new owner could grow the business through community and social media marketing. Adding delivery services and commercial accounts could also increase growth.
There are 70 machines total, 8 of which are commercial grade—(4) 80 lb and (4) 60 lb.

Property Facts

Sale Type
Investment or Owner User
Sale Condition
Business Value Included
Property Type
Retail
Property Subtype
Freestanding
Building Size
14,000 SF
Building Class
C
Year Built
1956
Price
$2,499,999
Price Per SF
$179
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.48
Lot Size
0.67 AC
Zoning
B2, Detroit
Parking
100 Spaces (7.14 Spaces per 1,000 SF Leased)
Frontage
107 FT on 8 Mile Rd

Amenities

  • Bus Line
  • Corner Lot
  • Signage
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13541 W 8 Mile Rd, Detroit, MI - aerial map view - Image1
13541 W 8 Mile Rd, Detroit, MI - aerial map view - Image2
Walk Score®
Very Walkable (71)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
Learn How It Works Detailed Scores

Nearby Major Retailers

Storage Sense
Citizens Bank
Checkers
Tim Hortons

PROPERTY TAXES

Parcel Numbers
Multiple
  • 22-018584
  • 22-03-034-10-08L
 Improvements Assessment $0
Land Assessment $0 Total Assessment $299,800

PROPERTY TAXES

Parcel Numbers
Multiple
  • 22-018584
  • 22-03-034-10-08L
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$299,800
(248) 220-3301

Contact

  • Listing ID: 33760567

  • Date on Market: 11/5/2024

  • Last Updated:

  • Address: 13541 W 8 Mile Rd, Detroit, MI 48235

More public record information on 13541 W 8 Mile Rd, Detroit, MI 48235

The Retail Property at 13541 W 8 Mile Rd, Detroit, MI 48235 is currently available for sale. Contact Michigan Business Broker, LLC for more information.

Retail PROPERTIES IN NEARBY NEIGHBORHOODS

Nearby Listings

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8-Schaeffer Plaza | 13541 W 8 Mile Rd
(248) 220-3301 x

8-Schaeffer Plaza | 13541 W 8 Mile Rd

Nadir Jiddou

(248) 220-3301

(248) 220-3301

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