Drug Store

Detroit, MI Drug Stores for Sale

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Corner Drug Store Property
Updated: Aug 26
Corner Drug Store Property

11538 E 7 Mile Rd, Detroit, MI 48234

$250,000
2,960 sqft
Corner property at 11538 E 7 Mile Road, Detroit, MI 48234
Currently operating as a pharmacy and retail store
Renovated in 2020 with steel wall upgrades
Two newer AC units included
Metal roof installed in 2015
View details
Drug Store Property with Clinic Suite
Updated: Sep 7
Drug Store Property with Clinic Suite

13403 W 7 Mile Road, Detroit, MI 48235

$1,350,000
Approximately 4,000 SF fully built‑out clinic suite
Four exam rooms, physician office, manager’s office, reception area, and storage
Lead‑lined X‑ray room with dedicated technician area and proper power
Bank of America occupancy exceeds 10 years with approximately 65 months remaining plus renewal options
Pharmacy tenant has operated at the property for nearly 12 years
View details
See hot listings in Detroit

Scored against comparables nationwide. These are worth a look.

Scored against comparables nationwide. These are worth a look.

Cap Rate available after sign in
Est. NOI available after sign in
Local Demand available after sign in
Based on your search, we've compiled 48 Potential Opportunities for your consideration. Besides 2 Active listings in Detroit, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 42 Off-Market properties to explore as potential leads

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Established Walgreens Location for Sale
Established Walgreens Location for Sale

29200 Six Mile Rd, Livonia, MI 48152

$1,986,500
13,905 sqft 1.79 AC lot

Long-term Walgreens with low rent in a dense retail area.

View details
Freestanding Drug Store with Drive-Through
Freestanding Drug Store with Drive-Through

5014 Clio Rd, Flint, MI 48504

Contact for pricing
11,100 sqft

D-3-zoned retail building positioned at the Clio Road and Pierson Road intersection in Flint.

View details
Dollar Tree Drugstore
Dollar Tree Drugstore

3753 S Dort Hwy, Flint, MI 48507

Contact for pricing

Freestanding retail property with a 2023 prototype retrofit and Double Net lease structure.

View details
Medical/Pharmacy Office on Corner Lot
Medical/Pharmacy Office on Corner Lot

10801 W WARREN Avenue, Dearborn, MI 48126

Contact for pricing
2,834 sqft

Prime medical and pharmacy office space in Dearborn, Michigan.

View details

Off-Market Properties in Detroit, MI

Consider similar Off-Market properties in Detroit, MI. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

7855 Vernor Hwy
DRUG STORE, PHARMACY

7855 Vernor Hwy, Detroit, MI 48209-1517

Estimated value:
$370,000
11,207 sqft 0.30 AC lot
View details
12707 Dexter Ave
DRUG STORE, PHARMACY

12707 Dexter Ave, Detroit, MI 48238-3341

Estimated value:
$385,000
10,914 sqft 0.61 AC lot
View details
18585 Dl St
DRUG STORE, PHARMACY

18585 Dl St, Detroit, MI 48219-2241

Estimated value:
$1,840,000
10,987 sqft 1.17 AC lot
View details
24133 Grand Riv Ave
DRUG STORE, PHARMACY

24133 Grand Riv Ave, Detroit, MI 48219-3014

Estimated value:
$4,650,000
13,999 sqft 0.28 AC lot
View details
19851 Warren Ave
DRUG STORE, PHARMACY

19851 Warren Ave, Detroit, MI 48228-3247

Estimated value:
$430,000
10,856 sqft 0.34 AC lot
View details
19840 Plymouth Rd
DRUG STORE, PHARMACY

19840 Plymouth Rd, Detroit, MI 48228-1234

Estimated value:
$515,000
13,833 sqft 1.54 AC lot
View details
22001 8th Mile Rd
DRUG STORE, PHARMACY

22001 8th Mile Rd, Detroit, MI 48219-1223

Estimated value:
$390,000
10,848 sqft 1.29 AC lot
View details
10355 Woodward Ave
DRUG STORE, PHARMACY

10355 Woodward Ave, Detroit, MI 48202-1310

Estimated value:
$435,000
11,006 sqft 1.32 AC lot
View details
7451 Woodward Ave
DRUG STORE, PHARMACY

7451 Woodward Ave, Detroit, MI 48202-3119

Estimated value:
$2,900,000
11,030 sqft 0.88 AC lot
View details
15800 Warren Ave
DRUG STORE, PHARMACY

15800 Warren Ave, Detroit, MI 48224-3218

Estimated value:
$60,000
1,593 sqft 0.16 AC lot
View details
12919 Jefferson Ave
DRUG STORE, PHARMACY

12919 Jefferson Ave, Detroit, MI 48215-2751

Estimated value:
$1,560,000
10,940 sqft 0.08 AC lot
View details
3169 Woodward Ave
DRUG STORE, PHARMACY

3169 Woodward Ave, Detroit, MI 48201-2723

Estimated value:
$1,440,000
1,606 sqft 0.17 AC lot
View details
13580 Grand Riv Ave
DRUG STORE, PHARMACY

13580 Grand Riv Ave, Detroit, MI 48227-3522

Estimated value:
$1,745,000
10,856 sqft 0.97 AC lot
View details
15544 Grand Riv Ave
DRUG STORE, PHARMACY

15544 Grand Riv Ave, Detroit, MI 48227-2223

Estimated value:
$600,000
14,362 sqft 1.36 AC lot
View details
6862 Michigan Ave
DRUG STORE, PHARMACY

6862 Michigan Ave, Detroit, MI 48210-2868

Estimated value:
$5,830,000
13,084 sqft 0.56 AC lot
View details
17170 Harper Ave
DRUG STORE, PHARMACY

17170 Harper Ave, Detroit, MI 48224-1955

Estimated value:
$2,380,000
12,600 sqft 0.48 AC lot
View details
18435 Grand Riv Ave
DRUG STORE, PHARMACY

18435 Grand Riv Ave, Detroit, MI 48223-2316

Estimated value:
$510,000
14,539 sqft 1.55 AC lot
View details
20001 7th Mile Rd
DRUG STORE, PHARMACY

20001 7th Mile Rd, Detroit, MI 48219-3403

Estimated value:
$1,855,000
11,056 sqft 1.33 AC lot
View details
19160 Greenfield Rd
DRUG STORE, PHARMACY

19160 Greenfield Rd, Detroit, MI 48235-2001

Estimated value:
$1,325,000
10,982 sqft 1.51 AC lot
View details
22523 Plymouth Rd
DRUG STORE, PHARMACY

22523 Plymouth Rd, Redford, MI 48239-1322

Estimated value:
$165,000
1,220 sqft 0.05 AC lot
View details
20270 Grand Riv Ave
DRUG STORE, PHARMACY

20270 Grand Riv Ave, Detroit, MI 48219-3341

Estimated value:
$90,000
2,094 sqft 0.16 AC lot
View details
13939 Livernois Ave
DRUG STORE, PHARMACY

13939 Livernois Ave, Detroit, MI 48238-2519

Estimated value:
$455,000
11,960 sqft 1.22 AC lot
View details

Detroit, MI Drug Stores Market Trends and Statistics

Explore 44 drug stores for sale in Detroit, MI on our real estate platform. These investment opportunities span a total of 2,960 square feet of properties for sale, with an estimated market value of $1,600,000.

Sale prices for pharmacies in Detroit, MI start at $250,000, averaging $800,000, and reaching up to $1,350,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Storefront properties 233
Automotive properties 126
Auto shops 72
Grocery and convenience stores 35
Shopping centers 26

Demographics Overview

Population 850K
Population Growth (5Y) -4.2%
Median Household Income $48,716
College Educated 21.2%

High-Yield Neighborhoods for Investment

Identify Detroit submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
48234 $250K
48235 $1.4M

Taxes & Financing

Tax Rate (average for all types) 3.32%
Property Tax per SF $36.71 per SF
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Wayne County

New Delisted

Total CRE Inventory on Market (SF)

Average Property Price per SF

For-sale pricing trends across core commercial property types in Wayne County

Office

Residential Income

Property Size Breakdown

The majority of commercial real estate listings in Detroit fall within the 10,000 to 25,000 square foot range.

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