Storefront Commercial
16300 W 7 Mile, Detroit, MI 48235
For Sale
$120,000
Commercial zoning and off-street parking accompany an occupied service-business property.
Property Size4,700 SF
Price / SF$25.53
Days on Market280
Property Features for 16300 W 7 Mile
General Information
Standard status
Size
Property subtype
Zoning
Site & Location
Neighborhood
Additional Details
Currently Operating
Building Details
Buildings
Tenancy
Listing Agency:
Century 21 Curran & Oberski
(313) 274-7200
Listed By:
Ahmad Salame · License MI #6501461155
(313) 355-3134
Source:
Jabachler
Added: Feb 8
Changed: Nov 12
Last Checked: Nov 14 at 12:07AM
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 Century 21 Curran & Oberski
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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.
This commercial storefront contains approximately 4,700 sq ft and is occupied by a dry cleaning operation. The business and its equipment may be negotiated separately or retained as part of the transaction, subject to buyer preference. The property carries commercial zoning, and the sale covers the real estate unless otherwise negotiated.
The building is located on W 7 Mile Rd in Detroit and includes off-street parking. The offering combines parcels at 16300 and 16304 W 7 Mile Rd.
The building is located on W 7 Mile Rd in Detroit and includes off-street parking. The offering combines parcels at 16300 and 16304 W 7 Mile Rd.
Key Highlights
- Approximately 4,700 sq ft commercial storefront
- Occupied by a dry cleaning operation
- Business and equipment may be included or removed by agreement
Property Analytics
Current Use
Lease Details
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
470
Businesses Nearby
11k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
Marathon Petroleum
Shops & Services
8,759 visits/mo
0.4 miles
Citgo
Shops & Services
2,353 visits/mo
0.2 miles
Demographics for 48235, MI
45,188
Population
20,946
Households
2.2
Avg Household Size
39
Median Age
15%
College-Educated
91%
High-School Grad
6.2 sq mi
ZIP Area
7,288
Density / Sq Mi
$41,011
Median Household Income
$31,545
Median Earnings
$1,151
Median Rent
$79,400
Median Home Value
Market
Average Price Trend$/SF for Storefront properties in Detroit, MI
Properties on Market for Storefront properties in Detroit
Vacancy Rate% for Retail in Detroit, MI
Frequently Asked Questions
What type of property is this?
Storefront property - Commercial zoning and off-street parking accompany an occupied service-business property.
Where is this storefront property located?
The property is located at 16300 W 7 Mile Detroit, MI.
What is the asking price?
The asking price for this property is $120,000.
What are key features of this property?
This property features: Approximately 4,700 sq ft commercial storefront; Occupied by a dry cleaning operation; Business and equipment may be included or removed by agreement
