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Storefront Property with Outbuilding

15000 W 7 Mile, Detroit, MI 48205

For Sale
New
$499,000

A separate building is leased to Metro PC under a gross lease.

Property Size8,940 SF
Price / SF$55.82
Days on Market7

Property Features for 15000 W 7 Mile

General Information

Standard status Active
Size 8,940 SF
Property subtype Retail
Zoning B4

Site & Location

Neighborhood Mapleridge

Additional Details

Tenant in Place Yes

Building Details

Building Size 8,940 SF
Year Built 1993
Buildings 2
Stories 1
Listing Agency: Signature Associates - Southfield
Listed By: Joe Stack
Source: Cpix.resimplifi
Added: Nov 6 Changed: Nov 12 Last Checked: Nov 12 at 2:15PM

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 Signature Associates - Southfield

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

At 15000 W. 7 Mile in Detroit, this storefront property includes a 7,740-square-foot main building and a 1,200-square-foot outbuilding. The main building dates to 1993 and previously housed Dollar General.

Metro PC leases the outbuilding under a gross lease. The property is zoned B4.

Key Highlights

  • 7,740‑square‑foot main building and 1,200‑square‑foot outbuilding
  • Outbuilding leased to Metro PC under a gross lease
  • Built in 1993

Property Analytics

Current Use

Storefront properties

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Building Supply Kitchen & Bath Showroom HVAC Service

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

410
Businesses Nearby
3k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Dining 100%
Jet's Pizza Dining
3,015 visits/mo 0.1 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

Average Price Trend$/SF for Storefront properties in Detroit, MI

$104 Jul
$91.96 Aug
$104 Sep
$114 Oct

Properties on Market for Storefront properties in Detroit

Jul
Aug
Sep
Oct

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

Frequently Asked Questions

What type of property is this?
Storefront property - A separate building is leased to Metro PC under a gross lease.
Where is this storefront property located?
The property is located at 15000 W 7 Mile Detroit, MI.
What is the asking price?
The asking price for this property is $499,000.
What are key features of this property?
This property features: 7,740‑square‑foot main building and 1,200‑square‑foot outbuilding; Outbuilding leased to Metro PC under a gross lease; Built in 1993
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