Commercial
16300 W 7 Mile Road, Detroit, MI 48235
For Sale
$120,000
An operating dry cleaning facility occupies the building, and its equipment may be included or removed by agreement.
Property Size4,697 SF
Price / SF$25.55
Days on Market280
Property Features for 16300 W 7 Mile Road
General Information
Standard status
Size
Property subtype
Zoning
Site & Location
Neighborhood
Additional Details
Currently Operating
Taxes and HOA fees
Annual Taxes
Building Details
Building Size
Year Built
Buildings
Tenancy
Listing Agency:
Century 21 Curran & Oberski
(313) 274-7200
Listed By:
Ahmad Salame · License MI #6501461155
(313) 355-3134
Source:
Housewant
Added: Feb 8
Changed: Nov 11
Last Checked: Nov 13 at 4:06PM
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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Investment Insights
Based on property information with market context.
The 4,697-square-foot commercial storefront was built in 1950 and is zoned Commercial. It is currently occupied and used as a dry cleaning facility. The business and equipment are negotiable, with equipment potentially included or removed by agreement.
The property comprises two combined parcels at 16300 and 16304 W 7 Mile Road in Detroit. Off-street parking is available, and the property sits along W 7 Mile Road.
The property comprises two combined parcels at 16300 and 16304 W 7 Mile Road in Detroit. Off-street parking is available, and the property sits along W 7 Mile Road.
Key Highlights
- 4,697‑square‑foot commercial building
- Built in 1950
- Zoned Commercial
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
713
Businesses Nearby
37k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 50%
Shops & Services 47%
Electronics 4%
Wendy's
Dining
18,328 visits/mo
0.5 miles
BP
Shops & Services
11,900 visits/mo
0.4 miles
AutoZone
Shops & Services
5,282 visits/mo
0.4 miles
Metro by T-Mobile
Electronics
669 visits/mo
0.4 miles
Metro by T-Mobile
Electronics
628 visits/mo
0.4 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
$79,400
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Storefront properties in Detroit, MI
Properties on Market for Storefront properties in Detroit
Vacancy Rate% for Retail in Detroit, MI
Similar Off Market Nearby
- Detroit Flower Company — 10629 West Seven Mile Road, Detroit, MI 48221
- Beautiful Blossoms — 15321 W McNichols Rd, Detroit, MI 48235
- Express Floral Deliveries — 15321 w mcnichols rd, detroit, mi 48235
- Bob Farr's Florist — 14149 W McNichols Rd, Detroit, MI 48235
Frequently Asked Questions
What type of property is this?
Storefront property - An operating dry cleaning facility occupies the building, and its equipment may be included or removed by agreement.
Where is this storefront property located?
The property is located at 16300 W 7 Mile Road 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: 4,697‑square‑foot commercial building; Built in 1950; Zoned Commercial
