NOT LISTED FOR SALE

417 E 8 Mile Rd Hazel Park, MI 48030

Estimated Value: $639,324

Studio
-- Bath
5,262 Sq Ft
$121/Sq Ft Est. Value

Sale Details

Date Sold: May 28, 2025

Last sale price $200,000 $38 Per Sq Ft

Est. 220% increase in value since last sale

Current estimated payment $3,967 / mo

Highlights

  • 0.25 Acre Lot
  • Central Air
  • Fenced

About This Home

As of May 2025

Prime commercial opportunity on 8 Mile Road! This versatile property is located in the heart of Hazel Park, offering excellent visibility and high traffic counts, making it the ideal location for your business. Featuring over 6000 sq ft, this property includes 1 full and 4 half bathrooms, laundry facilities and can be home to manufacturing, office, or service-oriented businesses. Highlights include:
Easy access to major highways (I-75 and I-696), enhancing accessibility for clients and deliveries.
Strong signage potential to attract attention on busy 8 Mile Road.
New electrical
Office space updated in July 2024
2 Garage doors, one in the front and one in the back of the building
Roof repairs and sealing in Sept 2024
4 furnaces
New windows in July 2024
ADJACENT LOT IS INCLUDED IN THE SALE **PARCEL ID: 2536359021** Don’t miss this chance to secure a highly visible, well-located commercial property. Schedule a tour today to explore the potential!

Last Agent to Sell the Property

Lauren Grube

Thrive Realty Company License #6501423393 Listed on: 04/04/2025

Last Buyer's Agent

Lauren Grube

Thrive Realty Company License #6501423393 Listed on: 04/04/2025

Property Details

Property Type

  • Other

Year Built

  • Built in 1967

Lot Details

  • 10,890 Sq Ft Lot
  • Lot Dimensions are 60.00 x 177.00
  • Fenced
  • Zoning described as Commercial

Home Design

  • 5,262 Sq Ft Home
  • Brick Exterior Construction
  • Slab Foundation

Utilities

  • Central Air
  • Natural Gas Water Heater

Community Details

  • Ford Park Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2536359020
  • $60 per year additional tax assessments

Property Details

Property Type

Other

Year Built

Built in 1967

Lot Details

0.25 Acres

Listing Details

  • Property Type: CommercialSale
  • Year Built: 1967
  • Current Use: MixedUse, Vacant, Warehouse
  • State Equalized Value: 109510.00
  • Property Sub Type: RealEstateOnly
  • LotSizeAcres: 0.25
  • Co List Office Mls Id: 429242
  • Above Grade Finished Sq Ft: 5262.00
  • Living Area: 5262.00
  • ClassName: CommercialSale
  • ThirdPartyApprovalRequiredYN: No
  • Special Features: None

Interior Features

  • Fireplace: No
  • Basement: No

Exterior Features

  • Waterfront: No
  • Foundation Details: Slab
  • Construction Materials: Block, Brick
  • Road Frontage Type: Paved
  • Fencing: Fenced

Utilities

  • Cooling: CentralAir
  • Sewer: PublicSewer
  • Water Heater Fuel: NaturalGas
  • Water Source: Public

Schools

  • Junior High Dist: HazelPark

Lot Info

  • Lot Size Area: 0.25
  • Lot Dimensions: 60.00 x 177.00
  • Parcel Number: 2536359020
  • Land Lease Expiration Date: 2025-05-31
  • Zoning Description: Commercial

Tax Info

  • Tax Amount Summer: 6043.00
  • Tax Amount Winter: 183.00
  • Tax Annual Amount: 6226.00
  • Tax Other Annual Assessment Amount: 60.00

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 4, 2025
Closed on
May 28, 2025
Sold by
Bought by
Seller's Agent
Lauren Grube
Thrive Realty Company
Buyer's Agent
Lauren Grube
Thrive Realty Company
List Price
$650,000
Sold Price
$200,000
Premium/Discount to List
-$450,000
-69.23%
Current Estimated Value
$639,324

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$439,324

Purchase Details

Closed on
Jun 25, 2018
Sold by
Bought by

Purchase Details

Closed on
Jan 9, 2014
Sold by
Bought by

Purchase Details

Closed on
Apr 12, 2012
Sold by
Bought by

Purchase Details

Closed on
Dec 22, 2011
Sold by
Bought by

Purchase Details

Closed on
May 22, 2009
Sold by
Bought by

Purchase Details

Closed on
Sep 19, 2008
Sold by
Bought by

Purchase Details

Closed on
Dec 21, 2007
Sold by
Bought by

Purchase Details

Closed on
Mar 18, 1999
Sold by
Bought by
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- None Listed On Document
-- None Available
$75,000 None Available
-- None Available
-- None Available
-- None Available
-- Lawyers Title Insurance Corp
$125,000 None Available
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Closed $10,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
05/28/2025 05/28/25 Sold $200,000 -69.2% $38 / Sq Ft
04/04/2025 04/04/25 Pending -- -- --
04/04/2025 04/04/25 For Sale $650,000 -- $124 / Sq Ft
Source: Realcomp

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $6,171 $114,100 $0 $0
2024 $6,043 $109,510 $0 $0
2023 $6,154 $100,180 $0 $0
2022 $6,045 $88,180 $0 $0
2021 $5,940 $79,670 $0 $0
2020 $5,808 $78,070 $0 $0
2019 $5,867 $74,260 $0 $0
2017 $5,595 $63,300 $0 $0
2015 -- $57,460 $0 $0
2014 -- $55,900 $0 $0
2011 -- $70,690 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Lauren Grube

    Seller's Agent in 2025

    Lauren Grube

    Thrive Realty Company

    (586) 615-9744

    60 Total Sales

    Lauren Grube
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Map

Source: Realcomp

MLS Number: 20250023018

Realcomp

APN: 25-36-359-020

Michigan Oakland County Hazel Park 48030

417 E 8 Mile Rd, Hazel Park, MI

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Realcomp IDX provided courtesy of Realcomp II Ltd. via Ten-X and MLS
Copyright 2026 Realcomp II Ltd. Shareholders
IDX information is provided exclusively for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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