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Storefront Property

322 W 7 Mile Rd, Detroit, MI 48203

For Sale
New
$150,000

Built in 1928, this storefront is located on West 7 Mile Road in Detroit.

Property Size3,000 SF
Days on Market2

Property Features for 322 W 7 Mile Rd

General Information

Standard status Active
Size 3,000 SF
Property subtype Commercial

Site & Location

Neighborhood Grixdale Farms

Taxes and HOA fees

Annual Taxes $586

Building Details

Building Size 3,000 SF
Year Built 1928
Listing Agency: Anthony Djon Luxury Real Estate
Listed By: Anthony Djon · License #6501364941
Source: Elliman
Added: Nov 8 Last Checked: Nov 8 at 2:44PM

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 Anthony Djon Luxury Real Estate

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Investment Insights

Based on property information with market context.

The storefront at 322 W 7 Mile Rd in Detroit was built in 1928. Its Walk Score is 53, described as somewhat walkable, and its Bike Score is 47, described as somewhat bikeable.

Key Highlights

  • Built in 1928
  • Walk Score of 53; somewhat walkable
  • Bike Score of 47; somewhat bikeable

Property Analytics

Current Use

Storefront properties

Suggested Use

Top Pick Real Estate Agency Dental Office Hair Salon Spa & Massage Center Nail Salon Kitchen & Bath Showroom

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

376
Businesses Nearby
7k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 82% Electronics 18%
Comerica Bank Shops & Services
2,195 visits/mo 0.4 miles
Citgo Shops & Services
2,052 visits/mo 0.4 miles
Marathon Petroleum Shops & Services
1,382 visits/mo 0.4 miles
Metro by T-Mobile Electronics
1,238 visits/mo 0.4 miles

Demographics for 48203, MI

22,168
Population
13,591
Households
1.6
Avg Household Size
39
Median Age
19%
College-Educated
85%
High-School Grad
8.2 sq mi
ZIP Area
2,703
Density / Sq Mi
$35,108
Median Household Income
$28,364
Median Earnings
$799
Median Rent
$76,100
Median Home Value

Market

Average Price Trend$/SF for Storefront properties in Detroit, MI

$104 Jul
$91.96 Aug
$104 Sep
$114 Oct

Properties on Market for Storefront properties in Detroit

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

Frequently Asked Questions

What type of property is this?
Storefront property - Built in 1928, this storefront is located on West 7 Mile Road in Detroit.
Where is this storefront property located?
The property is located at 322 W 7 Mile Rd Detroit, MI.
What is the asking price?
The asking price for this property is $150,000.
What are key features of this property?
This property features: Built in 1928; Walk Score of 53; somewhat walkable; Bike Score of 47; somewhat bikeable
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