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29541528
29541547

16068 8 Mile Rd, Detroit, MI 48205 For Sale

BB
MI 462328
TDG Commercial
Listed by TDG Commercial
$280,000
170 days on market
Updated 6 days ago

Price Improved: Established Dental Practice & Bldg

Details
APN 21-027966
Property Type Business for Sale, Office (+1)
Sub Type Medical Office
Square Footage 1,048
Units 1
Price per SqFt $267
Class C
Year Built 1959
Zoning B-4
Ownership Owner User

Turnkey Dental Practice with Real Estate | $250k+ Collections | 65-Year Legacy

Marketing description

Recent $50k Price Improvement

Rare Turnkey Dental Practice & Real Estate Opportunity Seize the opportunity to own both a thriving dental practice and a standalone medical office building on one of Detroit’s most recognizable corridors. This offering features a ±1,048 SF standalone facility situated on E Eight Mile Rd, boasting a remarkable 65-year legacy of community trust and patient loyalty.

Immaculate, "Plug-and-Play" Facility The building is meticulously maintained and optimized for efficiency. It features a professional reception area, three (3) fully equipped operatories, a sterilization room, and a lab/storage area. With newer X-ray equipment and updated systems already in place, an incoming practitioner can begin production on day one with minimal capital expenditure.

Strong Financials & Strategic Location

  • Proven Performance: The practice maintains a durable revenue base with $250k+ in annual collections and a broad insurance mix, including Medicaid and major PPOs.
  • High Visibility: The property features prominent monument signage and 8 Mile frontage, capturing steady drive-by traffic and ensuring easy patient access via on-site surface parking.
  • Accessibility: Strategic central access to I-75 and I-94 makes commutes simple for both staff and patients.

Immediate Growth Potential The practice is primed for expansion. A new owner-operator can immediately scale revenue by optimizing hygiene coverage, extending scheduling blocks, and introducing high-demand specialty services such as clear aligners, whitening, and endodontics.

Seamless Transition To ensure the preservation of goodwill, the seller is prepared to accommodate a short handoff period to assist with patient introductions, staff retention, and records transfer.

Investment highlights

  1. Turnkey Medical Facility: Standalone ±1,048 SF building featuring 3 operatories, reception, sterilization, and lab/storage areas.

  2. Established 65-Year Legacy: Proven neighborhood location with a deeply rooted patient base and a trusted community reputation built over six decades.

  3. Strong Financial Performance: The practice generates durable revenue with $250k+ in annual collections.

  4. Updated Equipment: Clinical areas are equipped with newer X-ray units and modern dental systems, reducing immediate capital expenditure for the buyer.

  5. Prime 8 Mile Visibility: Excellent frontage on a high-traffic corridor with dedicated monument signage and on-site surface parking.

  6. Broad Insurance Acceptance: Current patient mix includes Medicaid and major PPO plans, providing a wide addressable market.

  7. Immediate Scale Potential: Operational upside through hygiene optimization, expanded scheduling, and the addition of specialty services like endodontics or clear aligners.

  8. Owner-User Advantage: Ideal footprint for a solo practitioner or a small group looking for a low-overhead satellite location.

Listing Contacts

BB
MI 462328
TDG Commercial
Listed by TDG Commercial

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Additional Information

Name
Brock Bean
License
462328
Brokerage
TDG Commercial
Brokerage Phone
(248) 955-2693
Brokerage Address
440 South Main Street
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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