Corner Lot Two-Story
For Sale
$59,900
12642 E 7 Mile Road, Detroit, MI 48205
Two-story building on a corner lot with high visibility.
Property Size3,314 SF
Lot Size0.06 Acres
Price / SF$18.07
Days on Market965
Property Features for 12642 E 7 Mile Road
General Information
Standard status
Active
Size
3,314 SF
Lot size
0.06 Acres
Property subtype
Commercial/Industrial
Building Details
Year Built
1951
Listing Agency:
Community Choice Realty Associates, LLC
(734) 992-5515
Listed By:
Bob Otrompke · License #6501269221
(734) 992-5515
Source:
Exitrealty
Added: Dec 16, 2023
Changed: Jul 10
Last Checked: Aug 6 at 5:31AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Community Choice Realty Associates, LLC
Investment Insights
Based on property information with market context.
Located on a corner lot, this two-story building offers an opportunity for development. The property benefits from high visibility and traffic. The price has been reduced to account for roof and rehabilitation work needed. The seller will consider selling the vacant lot next to the building for an additional amount. The seller is a licensed agent.
Key Highlights
- Prime corner lot location with high visibility and traffic.
- Two‑story building with well‑defined architecture and impressive facade.
- Opportunity for entrepreneurial ventures in a vibrant community.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
201
Businesses Nearby
Explore this area
Business Placement
Demographics for 48205, MI
34,056
Population
17,102
Households
2
Avg Household Size
32
Median Age
9%
College-Educated
85%
High-School Grad
6.4 sq mi
ZIP Area
5,321
Density / Sq Mi
$40,612
Median Household Income
$30,833
Median Earnings
$1,149
Median Rent
$55,700
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Commercial land - Two-story building on a corner lot with high visibility.
Where is this commercial land located?
The property is located at 12642 E 7 Mile Road Detroit, MI.
What is the asking price?
The asking price for this property is $59,900.
What are key features of this property?
This property features: Prime corner lot location with **high visibility and traffic**.; Two‑story building with **well‑defined architecture and impressive facade**.; Opportunity for entrepreneurial ventures in a vibrant community.
