Search
Newly Built Restaurant
For Sale
Contact for pricing
Pending

24311 W 7 Mile Road, Detroit, MI 48219

Appliances, equipment, and utensils are included with the property.

Property SizeContact for details
Days on Market145

Property Features for 24311 W 7 Mile Road

General Information

Standard status Pending
Property subtype Retail

Additional Details

Equipment Included Yes
Listing Agency: Urban Ridge Realty LLC
Listed By: Stefanie Wofford · License #MI 6501410465
Source: Crexi
Added: Apr 12 Changed: Aug 30 Last Checked: Aug 30 at 7:48AM

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 Urban Ridge Realty LLC

Investment Insights

Based on property information with market context.

This newly built restaurant is located at 24311 W 7 Mile Road in Detroit, Michigan. The offering includes the restaurant’s appliances, equipment, and utensils, providing a furnished operational setup for a prospective restaurant operator.

The property is identified as a conventional restaurant and is situated in the 48219 ZIP code.

Key Highlights

  • Newly built restaurant
  • Appliances included
  • Restaurant equipment included

Property Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Spa & Massage Center Restaurant Building Supply

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

373
Businesses Nearby
14k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 100%
Valero Energy Shops & Services
5,304 visits/mo 0.4 miles
Citgo Shops & Services
4,495 visits/mo 0.4 miles
Sunoco Shops & Services
4,332 visits/mo 0.4 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

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
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Conventional restaurant - Appliances, equipment, and utensils are included with the property.
Where is this conventional restaurant located?
The property is located at 24311 W 7 Mile Road Detroit, MI.
What are key features of this property?
This property features: Newly built restaurant; Appliances included; Restaurant equipment included
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message