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Retail Buildings with Income Opportunity

15000-15040 W Seven Mile Rd Detroit, MI 48235

15000-15040 W Seven Mile Rd, Detroit, MI, 48235
$549,000
For Sale
$549,000

Two retail buildings offer an owner-user option plus an income stream from a leased Metro PCS location.

Property Size9,086 SF
Price / SF$60.42
Days on Market50

Property Features for 15000-15040 W Seven Mile Rd

General Information

Standard status
Active
Size
9,086 SF
Property subtype
Retail

Building Details

Year Built
1994
Listing Agency Thomas A. Duke Company
Listed by Frank Rakipi
Source Thomasduke
Added: Jun 2 Updated: Jul 10 at 1:47 pm Checked: Jul 20 at 2:54 am

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 Thomas A. Duke Company


Investment Insights

Based on property information with market context.

This offering features two separate retail buildings on one site, presenting a practical user opportunity alongside current rental income. The larger building totals 7,886 SF and was most recently operated as a Family Dollar, creating flexibility for an owner-operator or tenant seeking a retail storefront configuration. A second building totals 1,200 SF and is leased to Metro PCS, providing established, ongoing site income.

The Metro PCS lease reflects long-term operating presence, with 15 years of operating history at the site. The tenant currently has three years remaining on the lease term, supported by stated rent of $2,700 per month. This mix of a formerly occupied retail anchor-style space and a remaining-term, income-producing lease supports multiple acquisition strategies.

For buyers, this can serve as a straightforward income property with in-place occupancy through the Metro PCS lease, while also allowing an owner to plan future use for the larger former retail building. For retailers and service users, the combination of two distinct storefront options can reduce constraints by offering a pathway to occupy one space while maintaining rental support from the other. Overall, it’s a compact retail setup designed for investors and owner-users seeking both flexibility and near-term income stability.

Key Highlights

  • Two retail buildings totaling 7,886 SF
  • Former Family Dollar building: 1,200 SF (per provided details)
  • Second building is leased to Metro PCS

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Storefront properties

Suggested Use

Law Firm Real Estate Agency Parking Lot & Garage Skin Care Clinic Food Market Grocery & Convenience Store Gym & Fitness Center Dental Office Cafe & Coffee Shop Building Supply

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

Similar Off Market Nearby

  • Detroit Flower Company — 10629 West Seven Mile Road, Detroit, MI 48221
  • Bob Farr's Florist — 14149 W McNichols Rd, Detroit, MI 48235
  • Beautiful Blossoms — 15321 W McNichols Rd, Detroit, MI 48235
  • Express Floral Deliveries — 15321 w mcnichols rd, detroit, mi 48235

FAQs

What type of property is this?
Storefront property - Two retail buildings offer an owner-user option plus an income stream from a leased Metro PCS location.
Where is this storefront property located?
The property is located at 15000-15040 W Seven Mile Rd Detroit, MI.
What is the asking price?
The asking price for this property is $549,000.
What are key features of this property?
This property features: Two retail buildings totaling 7,886 SF; Former Family Dollar building: 1,200 SF (per provided details); Second building is leased to Metro PCS
Contact an agent
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