Freestanding Restaurant
For Sale
$149,000
7514 E 7 Mile Rd, Detroit, MI 48234
Freestanding restaurant building with open-concept layout, bar, kitchen, and seating, plus an adjacent west parking lot.
Property Size4,110 SF
Price / SF$36.25
Days on Market712
Property Features for 7514 E 7 Mile Rd
General Information
Standard status
Active
Size
4,110 SF
Property subtype
Retail
Zoning
B4
Building Details
Building Size
4,110 SF
Year Built
1950
Buildings
1
Stories
1
Listing Agency:
Insite Commercial
Listed By:
Zak Shepler
(248) 359-9000
Source:
Cpix.resimplifi
Added: Sep 26, 2024
Changed: Aug 23
Last Checked: Sep 7 at 4:30AM
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 Insite Commercial
Investment Insights
Based on property information with market context.
Freestanding building for sale featuring an open concept design with a bar, kitchen, and abundant seating. The property is well suited for restaurant use and also lends itself to event space given its interior layout.
The building is located on E Seven Mile Rd, just west of Van Dyke, in Detroit, MI. The favorable B4: General Business zoning supports a variety of uses.
The sale includes the adjacent parking lot to the west of the building, providing convenient on-site parking for visitors and patrons.
The building is located on E Seven Mile Rd, just west of Van Dyke, in Detroit, MI. The favorable B4: General Business zoning supports a variety of uses.
The sale includes the adjacent parking lot to the west of the building, providing convenient on-site parking for visitors and patrons.
Key Highlights
- Freestanding building for sale on E Seven Mile Rd in Detroit, MI (just west of Van Dyke)
- Open‑concept interior with a bar, kitchen, and abundant seating
- Year built: 1950
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
330
Businesses Nearby
10k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 65%
Dining 35%
Citgo
Shops & Services
6,701 visits/mo
0.4 miles
Krispy Krunchy Chicken
Dining
3,612 visits/mo
0.4 miles
Demographics for 48234, MI
31,442
Population
15,688
Households
2
Avg Household Size
36
Median Age
11%
College-Educated
84%
High-School Grad
7.8 sq mi
ZIP Area
4,031
Density / Sq Mi
$36,473
Median Household Income
$31,587
Median Earnings
$965
Median Rent
$57,100
Median Home Value
Market
Vacancy Rate% for Retail in Detroit, MI
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Conventional restaurant - Freestanding restaurant building with open-concept layout, bar, kitchen, and seating, plus an adjacent west parking lot.
Where is this conventional restaurant located?
The property is located at 7514 E 7 Mile Rd Detroit, MI.
What is the asking price?
The asking price for this property is $149,000.
What are key features of this property?
This property features: Freestanding building for sale on E Seven Mile Rd in Detroit, MI (just west of Van Dyke); Open‑concept interior with a bar, kitchen, and abundant seating; Year built: 1950
