Building Details

Building Size 8,000 SF

Year Built 1954

Buildings 1

Listing Agency: Century 21 Professionals

Listed By: Ahmed Arafa · License #6506048224 Show Phone

Source: Desertdouglas

Added: May 18 Changed: Oct 27 Last Checked: Oct 27 at 3:32AM

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Investment Insights

Based on property information with market context.

This retail storefront was built in 1954 and is currently occupied by a dry-cleaning business. The property information identifies the building as an 8,000-square-foot commercial property.

Key Highlights

• Built in 1954
• Currently occupied by a dry‑cleaning business

Property Analytics

Who owns this building? See the owner, sales and loan history

Open Analytics

Current Use

Storefront properties

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Spa & Massage Center Gym & Fitness Center Skin Care Clinic

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

330

Businesses Nearby

10k

Monthly Visits Nearby

Under-served

Demand for This Use

Explore this area Business Placement

Foot Traffic Nearby

Shops & Services 65% Dining 35%

Citgo Shops & Services

6,701 visits/mo 0.4 miles

Krispy Krunchy Chicken Dining

3,612 visits/mo 0.4 miles

Demographics for 48234, MI

31,442

Population

15,688

Households

2

Avg Household Size

36

Median Age

11%

College-Educated

84%

High-School Grad

7.8 sq mi

ZIP Area

4,031

Density / Sq Mi

$36,473

Median Household Income

$31,587

Median Earnings

$965

Median Rent

$57,100

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

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Frequently Asked Questions

What type of property is this?

Storefront property - An operating dry-cleaning business currently occupies the building.

Where is this storefront property located?

The property is located at 2854 E 7 Mile Road Detroit, MI.

What is the asking price?

The asking price for this property is $239,900.

What are key features of this property?

This property features: Built in 1954; Currently occupied by a dry‑cleaning business