17221 W 8 Mile Rd
Detroit, MI 48235
Former Bank Branch along a Major Artery · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Uncover endless possibilities at 17221 W 8 Mile Road, a vacant former bank branch with three drive-thru lanes in Detroit, Michigan.
- Advantageous opportunity for an investor or owner/user to add significant value through leasing or occupying the vacant building.
- Surrounded by a diverse mix of retailers, restaurants, and service-oriented businesses, 17221 W 8 Mile Road is suitable for a variety of industries.
- Situated along a heavily trafficked major artery, the location provides exceptional visibility to over 65,000 vehicles traveling by daily.
- Chase Bank would like to maintain an on-site ATM with a proposed leaseback, immediately benefiting a new owner by providing a small revenue stream.
PROPERTY FACTS
Sale Condition
Auction Sale
Type of Ownership
Fee Simple
Property Type
Retail
Property Subtype
Bank
Building Size
6,500 SF
Building Class
C
Year Built
1962
Tenancy
Single
Building Height
1 Story
Building FAR
0.25
Lot Size
0.60 AC
Zoning
B4 - Business District
Parking
45 Spaces (6.92 Spaces per 1,000 SF Leased)
Frontage
267’ on 8 Mile Rd
AMENITIES
- Security System
- Signage
- Drive Thru
- Air Conditioning
PROPERTY TAXES
| Parcel Number | 22-01881-830 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $375,000 |
