4620 N 7 Mile, Detroit, MI 48234

Building Details

Buildings 1 More

Listing Agency: Royal Real Estate LLC Show Phone

Listed By: Adebisi Adegboyega · License MI #6502380645 Show Phone

Source: Jabachler

Added: Aug 18 Changed: Nov 11 Last Checked: Nov 13 at 1:48AM

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Investment Insights

Based on property information with market context.

The property comprises a six-bay commercial building and the vacant lot next door at 4616 E. 7 Mile Rd. The property at 4620 N. 7 Mile is zoned Commercial. The building may accommodate retail or warehouse use, subject to approval from the City of Detroit for the buyer’s intended business.

Key Highlights

• Six‑bay commercial building
• Sale includes vacant lot at 4616 E. 7 Mile Rd.
• Commercial zoning

Property Analytics

Current Use

Strip malls

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Spa & Massage Center Hair Salon HVAC Service

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

Yes

Paved road access

Location Intelligence

Trade Area within ½ mile

292

Businesses Nearby

Explore this area Business Placement

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

Properties on Market for Strip malls in Wayne County

Jul

Aug

Sep

Oct

Vacancy Rate% for Industrial in Detroit, MI

3% 2019

4.2% 2020

2.5% 2021

2.4% 2022

3% 2023

3.4% 2024

3.7% 2025

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Frequently Asked Questions

What type of property is this?

Strip mall - A neighboring vacant parcel is included with the commercial building, subject to city approval for the intended business.

Where is this strip mall located?

The property is located at 4620 N 7 Mile Detroit, MI.

What is the asking price?

The asking price for this property is $179,900.

What are key features of this property?

This property features: Six‑bay commercial building; Sale includes vacant lot at 4616 E. 7 Mile Rd.; Commercial zoning