5153 E 7 Mile Road, Detroit, MI 48234
5153 E 7 Mile Road, Detroit, MI 48234
5153 E 7 Mile Road, Detroit, MI 48234
5153 E 7 Mile Road, Detroit, MI 48234
5153 E 7 Mile Road, Detroit, MI 48234
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$ 1,500,000
Est. payment | /mo

3,387 SqFt


$ 1,500,000
Est. payment | /mo

3,387 SqFt

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 3,387 sqft

Price per Sqft $442

MLS Listing ID 20261063455

Year Built 1953

Annual Tax Amount $2,486

Lot Size 3,920 Sqft

Acres 0.09

Lot Dimensions 38X110

Source Realcomp

Property Description

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.

Location

State MI

County Wayne

Zoning Commercial

Direction 7 mile between Mound and Ryan

Interior

Heating Forced Air

Exterior

View Y/N No

Building

Water Public

Structure Type Brick

Schools

School District Detroit

Others

Tax ID W13I008565C6

Virtual Tour https://www.propertypanorama.com/instaview/nocbor/20261063455

Listed by Community Choice Realty Inc

Nearby Locations

Bailey Walsh

I'd love to help you on your search to finding the perfect home! No matter where you're at in the process - don't hesitate to reach out! 

+1(734) 417-2998

baileywalsh@epique.me

2455 W Stadium Blvd, Ann Arbor, MI 48103, USA

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5153 E 7 Mile Road