5153 E 7 Mile Rd

Detroit, MI 48234
  • $1,500,000

    Price
  • 0.09

    Acre

About the Listing 338645 - 432091

Prime retail investment opportunity located on highly traveled E. 7 Mile Road. This well-established business is offered at $1,500,000 and underwent a complete renovation earlier this year, making it truly turnkey. Situated in a stable, well-maintained neighborhood with a strong mix of residential and commercial development, the business enjoys excellent visibility, consistent customer traffic, and high weekly gross sales. There is substantial upside potential by expanding operations to include food service or additional product offerings (subject to applicable approvals). Whether you're an investor seeking a cash-flowing asset or an owner-operator looking for a profitable business with room to grow, this is an outstanding opportunity. Proof of funds is required prior to the release of financial information or additional business details.

Listing Highlights

Status Active
Days on Site 48
Property Type Commercial Sale
MLS ® 20261063455
Year Built 1953
Lot/Acreage 0.09

Interior Details

  • Appliances:
  • Air Cond:
  • Heating: Forced Air,Natural Gas
  • Fireplaces:
  • Floor:
  • Above Ground Sq Ft: 3387
  • Basement:
  • Other: 1 Story,Forced Air
  • Water: Public (Municipal)

Exterior Details

  • Garage Capacity: N/A
  • Lot Dimensions: 38X110
  • Zoning: Commercial
  • Roof:
  • Others: Block,Brick,Paved
  • Sewer: Sewer (Sewer-Sanitary)

Financial Details

  • Tax Amount: $2,486
  • Taxes w/Assessments: N/A
  • Tax/Property ID: W13I008565C6
  • Tax Year: N/A

Payment Calculator

Monthly Payment

  • in Principal and Interest
  • in Taxes
Years
% Down Payment
% Mortgage Rate

Questions About..

5153 E 7 Mile Rd Detroit, MI 48234

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Never Miss A New Property

Get notified any time there's a new home on the market in this neighborhood!

Don't worry! We'll never spam you or sell your details. You can unsubscribe whenever you'd like.

Originating MLS: Realcomp II Ltd

Agent profile image in chat bubble
Agent profile image in chat header

Terri Fenelon

Realtor/Associate Broker | Terri Fenelon Real Estate Group | Real Broker, LLC

Agent profile image in message

or another way