22925 W 8 MILE Road Detroit, MI $ 2,795,000
22925 W 8 MILE Road
$ 2,795,000
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22925 W 8 MILE Road

Detroit, MI, 48219
$ 2,795,000
Bedrooms-- Baths-- Sq 6,335

Monthly Estimate*

$ 18,576

22925 W 8 MILE Road, Detroit, MI 48219 - Image 1

Commercial Property for sale in Detroit, MI

for $2,795,000. This 6,335 square foot building was built in 1990 on a lot size of 0.97.

*Sale Also Includes 22901 W 8 Mile Road Detroit, MI 48219-1123**** Land Contract available*** Introducing an exceptional newly designed and completely renovated commercial property that has undergone a complete transformation! Now standing as a premier entertainment venue. This large space boasts a stunning renovation, ensuring a modern and inviting atmosphere with high-end finishes throughout. Featuring a fully equipped kitchen, this venue is ready for diverse menu offerings. The premium seating arrangements provide comfort and style, creating a luxury atmosphere. The Custom-designed bar and seating creates a focal point for groups and private events. Strategically located, the property offers ample parking and easy access, making it an ideal destination for concerts, events, and nightlife. With its chic design and state-of-the-art facilities, this venue is poised for success in the competitive entertainment landscape. Don't miss this potential to own a truly unique commercial property! Business licensing will be included in the sale as well as all inventory as seen

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Commercial Active

Price

$ 2,795,000

Property Type

Commercial

Taxes

$ 10,680

Style

RealEstateOnly

Lot Size

0.97

Year Built

1990

Town/City

Detroit

County/Region

Wayne

MLS | Web ID

20250025896

Features
Interior
Interior Amenities []
Basement (Y/N) N
Air Conditioning Y/N N
Heating Y/N N
Fireplace Y/N N
Above Grade Finished Area 6335.0
Total Bedrooms 0
General
Sewer PublicSewer
Possession AtClose
Appliances []
Architectural Style []
Construction Materials Concrete
Year Built 1990
Levels One
Property Subtype RealEstateOnly
Current Use Restaurant
Business Type []
County Wayne
Net Operating Income 0.0
Operating Expense 0.0
New Construction N
Property Type CommercialSale
Association Amenities []
HOA N
Attached Garage N
Subdivision Name RIVERFORD HEIGHTS SUB
Garage Y/N N
Building Features []
Status Active
Directions 8 mile
City DetroitCity_Wayne
Disclosures []
Senior Community Y/N N
High School District Detroit
Zoning Description Commercial
MLS Area Area05032Det6To8GrnfldToLimits
Lot Size Units Acres
Waterfront Y/N N
Carport Y/N N
Electric On Property Y/N N
Land Lease Y/N N
Tax Annual Amount 10680.0
Home Warranty Y/N N
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Standard Status Active
Occupancy Type Owner
Tax Assessed Value 125503
TaxOtherAnnualAssessmentAmount 100.0
Expected Active Date 2025-04-14
Legal Description S EIGHT MILE RD W W 135 FT OF E 217.75 FT 4 EXC EIGHT MILE RD AS WD W 225.75 FT 5 RIVERFORD HEIGHTS SUB L40 P44 PLATS W C R 22/359 135 IRREG
Exterior
Parking Features []
Lot Features []
Water Source Public
Lot Size Area 0.97
Spa N
Building Area Total 6335.0
Lot Dimensions 135.00 x 312.00
Lot Size Acres 0.97
Road Frontage Type Paved
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
Internal Only
Street Number 1 22925
* Excluded Features
List By
Angela Jaafar

Listing Agent

Re/Max Dream Properties

Broker

(313) 920-1445

Phone

Affordability Calculator

$19,466
Per Month
95%
5%
0%
Monthly Principal & Interest
$18,576
Monthly Property Taxes
$890
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
848539 Elementary School
848135 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/15/2025$2,795,000 Listed Price

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22925 W 8 MILE Road, Detroit, MI, 48219 is a Commercial Property for sale at $2,795,000 with 6,335 sqft and a lot size of 0.97. 22925 W 8 MILE Road was built in 1990. The property's zip code is 48219 which is in Detroit, MI