Storefront Building with
For Sale
$399,999
4825 seven mile, Detroit, MI 48234
Existing salon operations, additional units, an east-side parking lot, and a fenced rear yard define the property.
Property Size4,000 SF
Days on Market10
Property Features for 4825 seven mile
General Information
Standard status
Active
Size
4,000 SF
Property subtype
Commercial
Additional Details
Business Included
Yes
Taxes and HOA fees
Annual Taxes
$4,300
Amenities
Fenced backyard
Building Details
Building Size
4,000 SF
Year Built
1954
Buildings
1
Tenancy
Multi
Listing Agency:
KW Domain Birmingham
Listed By:
Benjamin Margolis
(734) 985-5091
Source:
Elliman
Added: Sep 18
Changed: Sep 27
Last Checked: Sep 26 at 9:52AM
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 KW Domain Birmingham
Investment Insights
Based on property information with market context.
This storefront building was constructed in 1954 and includes an operating salon business along with additional units. Unit 2 is leased, while a third unit is vacant, creating a multi-unit layout within the property. An east-side parking lot is included, and the rear yard is fenced for privacy.
Located at 4825 Seven Mile in Detroit, the property has a Walk Score of 58, classified as Somewhat Walkable. Its BikeScore is 51, classified as Bikeable, while the TransitScore is 45, classified as Some Transit.
Located at 4825 Seven Mile in Detroit, the property has a Walk Score of 58, classified as Somewhat Walkable. Its BikeScore is 51, classified as Bikeable, while the TransitScore is 45, classified as Some Transit.
Key Highlights
- Storefront building constructed in 1954
- Operating salon business included with the building
- Unit 2 is leased
Property Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
Turnkey business
Opportunity
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Storefront property - Existing salon operations, additional units, an east-side parking lot, and a fenced rear yard define the property.
Where is this storefront property located?
The property is located at 4825 seven mile Detroit, MI.
What is the asking price?
The asking price for this property is $399,999.
What are key features of this property?
This property features: Storefront building constructed in 1954; Operating salon business included with the building; Unit 2 is leased
