Retail Space
26750 Eight Mile Road Southfield, MI 48033
Details & Description
Price: $575,000
    DescriptionWell-established banquet hall facility along the 8 Mile corridor between Telegraph Rd and Grand River Ave. Great opportunity for businesses that host and caters special occasions including weddings, parties, bridal/baby showers, business functions, and religious gatherings. Could also be a good location for a full-service restaurant.HighlightsFull commercial kitchen w/ walk-in refridgeratorSeating for up to 200 peopleIdeal, central location with plenty of parkingSeparate liquor license availableAdjacent 1 acre vacant lot available for $225,000
    Property ID:    197512
    Property URL: melqr.com/197512
    Generated:    04-27-24
    Listing Agents
    Matthew Schiffman

    O: 248-281-9907
    M: 248-943-6449
    matt@pacommercial.com
    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.
    Retail Space / Michigan / Southfield / 48033 / 26750 Eight Mile Road

    26750 Eight Mile Road

    Southfield, MI 48033

    No Longer Listed
    26750 Eight Mile Road Southfield, MI 48033 | for Sale | Photo 1
    Price
    $ /mo
    Description

    Description

    Well-established banquet hall facility along the 8 Mile corridor between Telegraph Rd and Grand River Ave. Great opportunity for businesses that host and caters special occasions including weddings, parties, bridal/baby showers, business functions, and religious gatherings. Could also be a good location for a full-service restaurant.

    Highlights

    Full commercial kitchen w/ walk-in refridgerator

    Seating for up to 200 people

    Ideal, central location with plenty of parking

    Separate liquor license available

    Adjacent 1 acre vacant lot available for $225,000

    Southfield Area Market Trends

    Listing Demographics for 26750 Eight Mile Road Southfield, MI 48033

    All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

    1-Mile 3-Miles 5-Miles
    Total Population11,58089,865245,159
    Population Median Age394040
    Population by Age0-9 Yrs1491 (12%)10486 (11%)27297 (11%)
    10-19 Yrs1065 (9%)10559 (11%)28530 (11%)
    20-29 Yrs1726 (14%)11920 (13%)33356 (13%)
    30-39 Yrs1369 (11%)10849 (12%)28876 (11%)
    40-49 Yrs1995 (17%)12713 (14%)32183 (13%)
    50-59 Yrs1740 (15%)13357 (14%)35778 (14%)
    60-69 Yrs1543 (13%)11353 (12%)31945 (13%)
    70+ Yrs651 (5%)8627 (9%)27193 (11%)
    Median HH Income$43,384$49,957$53,488
    Total Household Income< 24K1031 (21%)9060 (24%)23763 (23%)
    25-49K1738 (35%)9243 (25%)24090 (23%)
    50-74K978 (20%)7011 (19%)18519 (18%)
    75-99K561 (11%)4275 (11%)12213 (12%)
    100-199K501 (10%)6071 (16%)18844 (18%)
    200K+51 (1%)923 (2%)3799 (3%)
    Highest Education LevelNo Diploma1033658516228
    Diploma or GED27781762342385
    Some College22691725645597
    Assoc. Degree929618415689
    Bachelors Degree9361021032154
    Higher Degree475561921890
    Total Housing Units5,26140,329113,121
    --Owner-Occupied2,83122,73961,450
    --Renter-Occupied2,02913,84539,778
    Owner-Occupied Values< 100K19831100225125
    100-199K690801320182
    200-299K107281310855
    300-399K146503521
    400-499K895829
    500K+30166937
    Total Working Age Population9,44873,243200,970
    In Work Force6,34145,950125,883
    Not In Work Force3,10727,29375,087
    Workforce Employed5,91541,848114,462
    Workforce Unemployed4274,08311,397
    Civlian Workforce6,34145,931125,859
    Military Workforce01924
    Total Households4,86136,584101,229
    Family Households2,99721,50060,193
    Non-Family Households1,86415,08441,036
    Married Couple1,79013,42737,669
    Other Family1,2078,07322,524
    Married w/Child6824,85012,952
    Single Male w/Child477341,912
    Single Female w/Child4003,1398,642

    Population Change Last Two Decades - Plus Projection

    2000%2010%2020%2030
    Michigan9,938,444-19,883,640+110,023,423+410,424,510
    Wayne County2,061,162-121,820,584-41,741,463-11,730,000
    Oakland County1,194,156+11,202,362+51,264,515+71,350,052

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    Common Questions and Answers

    What is the asking price for 26750 Eight Mile Road in Southfield?
    The asking price for 26750 Eight Mile Road is $575,000
    What is the building size of this Retail property in Southfield, MI?
    The size of the building/unit at 26750 Eight Mile Road in Southfield is 4,960 square feet
    How much land does the Southfield, MI property at 26750 Eight Mile Road include?
    26750 Eight Mile Road in Southfield includes 0.940 acres of land
    What kind of Retail is the propery at 26750 Eight Mile Road?
    The property at 26750 Eight Mile Road Southfield, MI 48033 is listed as a Food Service Retail property
    What is the population within 1 mile of 26750 Eight Mile Road in Southfield?
    The population within 1 mile of 26750 Eight Mile Road Southfield, MI 48033 is 11,580 people.
    Who do I contact for questions about 26750 Eight Mile Road?
    You should contact the listing agent, Matthew Schiffman, for any details regarding this commercial listing.

    Other Listings for Sale Nearby

    Address Price Sq Ft Acres
    21375 Telegraph Road, Southfield, MI $2,950,000 30000 4
    29500 West Seven Mile Road, Livonia, MI CALL 373350 21
    23055 Telegraph Road, Southfield, MI $750,000 4242 1.66
    29905 West Seven Mile Road, Livonia, MI CALL 61732 3.42
    24445 Telegraph Road, Southfield, MI $900,000 3682 0.46
    19100 Lahser Road, Detroit, MI CALL 1535 0.36
    21630 West Seven Mile Road, Detroit, MI $1,250,000 21662 2.05
    31806 Grand River Avenue, Farmington, MI $295,000 1167 0.96
    15492 Beech Daly, Redford Charter Township, MI $525,000 13560 0.46
    25413 Five Mile Road, Redford Charter Township, MI $195,000 2000 0.05

    Closest Commercial Airports

    Airport Distance (mi)
    Detroit Metropolitan Wayne County Airport (DTW) 16
    Toledo Express Airport (TOL) 64
    MBS International Airport (MBS) 85
    --
    No Longer Listed
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