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6-Bay Commercial Warehouse
New
For Sale
$239,900

4620 N 7 Mile Rd, Detroit, MI 48234

Additional land next door is included, subject to City of Detroit approval for the intended business use.

Property Size4,566 SF
Days on Market2

Property Features for 4620 N 7 Mile Rd

General Information

Standard status Active
Size 4,566 SF
Property subtype Commercial

Taxes and HOA fees

Annual Taxes $7,356

Building Details

Building Size 4,566 SF
Year Built 1968
Listing Agency:
Listed By: Adebisi M Adegboyega · License #6502380645
Source: Elliman
Added: Aug 20 Changed: Aug 21 Last Checked: Aug 21 at 12:21PM

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 Adebisi M Adegboyega

Investment Insights

Based on property information with market context.

The property is a six-bay commercial warehouse at 4620 N 7 Mile Rd in Detroit. Constructed in 1968, the building is accompanied by the vacant lot next door at 4616 E. 7 Mile Rd, expanding the included real estate beyond the building site.

Any business operation planned for the property requires approval from the City of Detroit before use. The surrounding area scores 53 for walkability, 44 for bike access, and 43 for transit availability.

Key Highlights

  • Six‑bay commercial building
  • Sale includes vacant lot at 4616 E. 7 Mile Rd
  • Built in 1968

Property Analytics

Current Use

Strip malls

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Pharmacy Gym & Fitness Center Spa & Massage 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.

Location Intelligence

Trade Area within ½ mile

330
Businesses Nearby
Under-served
Demand for This Use

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 Industrial in Detroit, MI

3% 2019
4.2% 2020
2.5% 2021
2.4% 2022
3% 2023
3.4% 2024
3.7% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Warehouse - Additional land next door is included, subject to City of Detroit approval for the intended business use.
Where is this warehouse located?
The property is located at 4620 N 7 Mile Rd 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: Six‑bay commercial building; Sale includes vacant lot at 4616 E. 7 Mile Rd; Built in 1968
More about this property
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