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High-Traffic Commercial Property on Seven Mile
For Sale
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14120 Seven Mile E, Detroit, MI 48205

Commercially zoned property on busy Detroit business corridor.

Property SizeContact for details
Lot Size0.27 Acres
Days on Market190

Property Features for 14120 Seven Mile E

General Information

Standard status Active
Lot size 0.27 Acres
Property subtype Retail, Office
Zoning B3
Listing Agency: Encore Real Estate Investment Services
Listed By: Kishon Harbert · License #MI 6501402939
Source: Crexi
Added: Feb 12 Changed: Aug 20 Last Checked: Aug 20 at 2:36PM

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 Encore Real Estate Investment Services

Investment Insights

Based on property information with market context.

This commercially zoned (B3) property is strategically located along the busy E Seven Mile commercial corridor, presenting an excellent opportunity for investors, developers, or owner-operators seeking visibility in a high-traffic Detroit business district. The site includes an existing commercial structure situated on approximately 0.27 acres, offering immediate use potential or redevelopment flexibility. The surrounding Franklin area features a strong mix of neighborhood retail, service businesses, restaurants, and residential density that supports consistent consumer traffic. Its positioning on a major east-side arterial provides convenient access to nearby commercial hubs, residential neighborhoods, and key Detroit thoroughfares. The B3 zoning designation allows for a broad range of general commercial uses, making the property suitable for retail, office, service-based businesses, or future redevelopment aligned with corridor growth initiatives. Buyers should note that local development stakeholders may wish to review proposed plans as part of the sale process. This property represents a solid opportunity to establish or expand a commercial footprint in an actively utilized Detroit business corridor. Sale is contingent upon execution of a DLBA Development Agreement. The Detroit Land Bank Authority is entitled to a tax recapture for the five (5) tax years following transfer of ownership. This provision may be incompatible with certain tax abatements, lot combinations, or assemblages. Waiver requests may be considered on a case-by-case basis and may require a payment in lieu of taxes, determined after DLBA review of the development pro forma and financing.

Key Highlights

  • High‑traffic location on E Seven Mile commercial corridor.
  • Commercially zoned (B3) offering diverse usage possibilities.
  • Existing commercial structure on 0.27 acres allows for immediate use or redevelopment.

Property Analytics

Current Use

Storefront properties

Suggested Use

Top Pick Real Estate Agency Building Supply Dental Office Law Firm Restaurant Big Box & Wholesale 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.

Location Intelligence

Trade Area within ½ mile

427
Businesses Nearby
67k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Dining 45% Shops & Services 34% Apparel 21%
McDonald's Dining
17,931 visits/mo 0.1 miles
Family Dollar Shops & Services
10,202 visits/mo 0.2 miles
BP Shops & Services
8,076 visits/mo 0.3 miles
Popeyes Louisiana Kitchen Dining
7,629 visits/mo 0.1 miles
Dollar General Shops & Services
4,700 visits/mo 0.5 miles

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

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
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Frequently Asked Questions

What type of property is this?
Storefront property - Commercially zoned property on busy Detroit business corridor.
Where is this storefront property located?
The property is located at 14120 Seven Mile E Detroit, MI.
What is the asking price?
The asking price for this property is $280,000.
What are key features of this property?
This property features: High‑traffic location on E Seven Mile commercial corridor.; Commercially zoned (B3) offering diverse usage possibilities.; Existing commercial structure on 0.27 acres allows for immediate use or redevelopment.
(313) 919-1935 Call to check price and availability
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