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Four-Store Shopping Center
For Sale
Contact for pricing
Pending

16331 W 7 MILE Road, Detroit, MI

Multi-store retail property positioned along W. 7 Mile Road in Detroit.

Property SizeContact for details
Days on Market146

Property Features for 16331 W 7 MILE Road

General Information

Standard status Pending
Property subtype Special Purpose, Business for Sale

Building Details

Tenancy Multi
Listing Agency: Five Star Real Estate
Listed By: Luigj Berisha · License #6506046049
Source: Crexi
Added: Apr 11 Changed: Aug 31 Last Checked: Aug 31 at 12:27AM

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 Five Star Real Estate

Investment Insights

Based on property information with market context.

This shopping center contains four individual stores within a single commercial property. The configuration provides multiple retail spaces in one building and is classified as a shopping center.

The property is located at 16331 W. 7 Mile Road in Detroit, Michigan, on a street described as carrying high traffic. Its established road frontage supports a straightforward retail setting for the existing store layout.

Key Highlights

  • Four stores within one shopping center
  • Located at 16331 W. 7 Mile Road in Detroit, MI
  • Positioned on a high‑traffic street

Property Analytics

Current Use

Shopping centers

Suggested Use

Top Pick Nail Salon HVAC Service Kitchen & Bath Showroom Barber Shop Accounting Firm Carpet & Flooring Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

4,556
Businesses Nearby
133k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Groceries 32% Dining 29% Shops & Services 27% Apparel 9%
Whole Foods Market Groceries
42,654 visits/mo 0.2 miles
McDonald's Dining
31,104 visits/mo 0.3 miles
Shell Shops & Services
13,363 visits/mo 0.4 miles
Shinola Apparel
9,011 visits/mo 0.3 miles
Condado Tacos Dining
7,597 visits/mo 0.3 miles

Market

Vacancy Rate% for Retail in Detroit, MI

7.5% 2019
9.2% 2020
8.5% 2021
7.3% 2022
7.9% 2023
7% 2024
7% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

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Frequently Asked Questions

What type of property is this?
Shopping center - Multi-store retail property positioned along W. 7 Mile Road in Detroit.
Where is this shopping center located?
The property is located at 16331 W 7 MILE Road Detroit, MI.
What are key features of this property?
This property features: Four stores within one shopping center; Located at 16331 W. 7 Mile Road in Detroit, MI; Positioned on a high‑traffic street
More about this property
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