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4-Unit Retail Center

19700 W 7 Mile, Detroit, MI 48219

For Sale
$699,000

Four leased commercial suites sit within an updated Detroit property zoned for commercial use.

Property Size6,849 SF
Price / SF$102.06
Days on Market56

Property Features for 19700 W 7 Mile

General Information

Standard status Active
Size 6,849 SF
Property subtype Commercial/Industrial
Zoning Commercial
Occupancy 100%

Site & Location

Neighborhood Ohair Park

Tenancy & Operations

Currently Operating Yes
Tenant in Place Yes

Additional Details

Gross Income $57,600

Building Details

Year Renovated 2016
Tenancy Multi
Listing Agency: Vanguard Realty Group
Listed By: Zachary Brown
Source: Jabachler
Added: Sep 18 Changed: Nov 11 Last Checked: Nov 12 at 12:13AM

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 Vanguard Realty Group

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.

This four-unit retail center contains approximately 6,849 square feet across addresses 19700, 19704, 19710, and 19714 W. Seven Mile Road. All four spaces are leased on one-year agreements, with a single tenant occupying three units. The property is zoned Commercial.

Improvements completed in 2016 included appliances and updates to the electrical and plumbing systems. The roof was replaced in 2018. These physical updates, along with the existing multi-suite configuration and current tenancy, define the property’s present setup.

Key Highlights

  • Four commercial units totaling approximately 6,849 square feet
  • All spaces leased on one‑year agreements; one tenant occupies three units
  • 2016 work included new appliances and electrical and plumbing updates

Property Analytics

Current Use

Soul on 7 Private ... Film Production Soul rolls ice ... Grocery & Convenience Store

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Building Supply Electrical Service Gym & Fitness Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

417
Businesses Nearby
37k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 64% Dining 21% Apparel 9% Electronics 6%
Sunoco Shops & Services
7,058 visits/mo 0.2 miles
Little Caesars Pizza Dining
6,623 visits/mo 0.1 miles
Family Dollar Shops & Services
5,745 visits/mo 0.3 miles
Citgo Shops & Services
4,495 visits/mo 0.5 miles
Dollar General Shops & Services
3,779 visits/mo 0.5 miles

Demographics for 48219, MI

46,811
Population
20,815
Households
2.2
Avg Household Size
37
Median Age
13%
College-Educated
87%
High-School Grad
8.4 sq mi
ZIP Area
5,573
Density / Sq Mi
$43,882
Median Household Income
$31,187
Median Earnings
$1,037
Median Rent
$84,500
Median Home Value

Market

Average Price Trend$/SF for Shopping centers in Wayne County, MI

$94.17 Jul
$95.86 Aug
$124 Sep
$142 Oct

Properties on Market for Shopping centers in Wayne County

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

Similar Off Market Nearby

  • Secretary of State Self-service Station — 20220 W 7 Mile Rd, Detroit, MI 48219
  • DivDat Kiosk Network — 20250 W Seven Mile Rd, Detroit, MI 48219
  • Seven & Evergreen Plaza — W Seven Mile Rd, Detroit, MI 48219

Frequently Asked Questions

What type of property is this?
Shopping center - Four leased commercial suites sit within an updated Detroit property zoned for commercial use.
Where is this shopping center located?
The property is located at 19700 W 7 Mile Detroit, MI.
What is the asking price?
The asking price for this property is $699,000.
What are key features of this property?
This property features: Four commercial units totaling approximately 6,849 square feet; All spaces leased on one‑year agreements; one tenant occupies three units; 2016 work included new appliances and electrical and plumbing updates
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