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    341 W 7 Mile Rd Detroit, MI 48203

    For Sale
    $200,000

    Real Estate Only - Detroit, MI

    Property size:
    3,240 SF
    Lot size:
    0.21 Acres
    Days on Market:
    17
    Last Refresh:
    Dec 7 at 6:06 am

    Property Features for 341 W 7 Mile Rd

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Commercial
    APN
    W01I006965C9
    Size
    3,240 SF
    Lot size
    0.21 Acres

    Building Details

    Year built
    1941
    Floors in Building
    1
    Building materials
    Brick
    Architectural style
    Other

    Golden Key Realty Group LLC (734) 623-3132 [email protected]

    Listing agent Morgan Hoke (248) 422-6962

    Listing date Nov 21, 2025

    MLS# 20251055357 Listing URL

    Copyright © 2025 Realcomp Limited II. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Detroit Vacant Brick Building Opportunity

    This vacant brick building, located in a high-traffic corridor of Detroit, presents a unique opportunity for customization. The standalone structure, with its solid brick construction, has been demoed to the studs, offering a blank canvas for a variety of business or investment visions. The property is zoned for multiple business uses, making it suitable for retail, office, studio, restaurant, or mixed-use development. The building has a full brick exterior with a solid structure. The interior is fully demoed to the studs, ready for a custom build-out. The property benefits from ample street parking and easy access, and is surrounded by both residential and commercial development. The lot size is 0.21 acres, and the property size is 3240 square feet.
    Location Intelligence

    Current Use by Public Records

    Storefront properties

    Suggested Use

    Realty agency Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Detroit
    County
    Wayne
    State
    Michigan
    Longitude
    -83.10711
    Latitude
    42.432165

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    FAQs

    What type of property is this?
    Storefront property - Vacant brick building ready for custom build-out in Detroit.
    Where is this storefront property located?
    The property is located at 341 W 7 Mile Rd Detroit, MI.
    What is the asking price?
    The asking price for this property is $200,000.
    What are key features of this property?
    This property features: - Standalone building offers excellent street presence and visibility.; - Solid brick construction ensures durability and structural integrity.; - Fully demoed interior provides a blank canvas for complete customization.
    (248) 422-6962
    Request Owner's contact information
    341 W 7 Mile Rd Detroit, MI 48203
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    Detroit, MI 48203
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    341 W 7 Mile Rd Detroit, MI 48203
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