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    6701 E Seven Mile Rd Detroit, MI 48234

    Sponsored
    Picture of Grocery and convenience stores at E Seven Mile Rd 6701, Detroit, MI
    For Sale
    $225,000

    Business And Real Estate - Detroit, MI

    Property size:
    2,894 SF
    Lot size:
    0.47 Acres
    Days on Market:
    81
    Last Refresh:
    Jan 10 at 11:06 am

    Property Features for 6701 E Seven Mile Rd

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Commercial
    APN
    W15I004961C5
    Size
    2,894 SF
    Lot size
    0.47 Acres

    Taxes and HOA fees

    Expense value
    100000
    Expense
    Security Deposit
    Expense freq.
    Once

    Building Details

    Year built
    1977
    Floors in Building
    1
    Building materials
    Block, Brick
    Architectural style
    Other

    COMMUNITY CHOICE REALTY INC. (248) 729-0011 [email protected]

    Listing agent Jonathan Farida (248) 729-0011

    Listing date Oct 22, 2025

    MLS# 20251047922 Listing URL

    Copyright © 2026 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 Commercial Investment Opportunity

    This commercial property is located on a major traffic corridor. The site is currently occupied by a tenant. A liquor license is available separately. The property is suitable for retail, convenience, or service-based operations. Jobbers are prepared to install fuel pumps, suggesting potential for use as a gas station. The property has 2894 square feet of space and is situated on a 0.47-acre lot.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Grocery and convenience stores

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

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

    Similar Places Nearby

    Food palace, Aladdin Beverage

    Location Insight

    • Map
    • Local Demand
    City
    Detroit
    County
    Wayne
    State
    Michigan
    Longitude
    -83.0374
    Latitude
    42.4307

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    FAQs

    What type of property is this?
    Grocery and convenience store - High-visibility commercial property on a major traffic corridor in Detroit.
    Where is this grocery and convenience store located?
    The property is located at 6701 E Seven Mile Rd Detroit, MI.
    What is the asking price?
    The asking price for this property is $225,000.
    What are key features of this property?
    This property features: - High-visibility location on a major traffic corridor.; - Immediate return on investment with a reliable tenant in place.; - Gas station potential with jobbers ready to install fuel pumps.
    (248) 225-5994
    Request Owner's contact information
    6701 E Seven Mile Rd Detroit, MI 48234
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    Detroit, MI 48234
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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
    6701 E Seven Mile Rd Detroit, MI 48234
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