Search
Retail Space with New Façade

5117 E 7 Mile, Detroit, MI 48234

For Sale
$200,000

Updated plumbing, HVAC, and electrical service support a range of commercial occupancy options.

Property SizeContact for details
Days on Market423

Property Features for 5117 E 7 Mile

General Information

Standard status Active
Property subtype Commercial/Industrial
Zoning Commercial

Site & Location

Neighborhood Farwell
Utilities to Site Yes

Amenities

brand-new façade
new plumbing
new HVAC
new electrical service

Building Details

Year Built 1950
Listing Agency: Pilot Property Group - Residential LLC
Listed By: Alexander Termini · License MI #6501392648
Source: Jabachler
Added: Sep 18, 2025 Changed: Nov 11 Last Checked: Nov 12 at 8:32PM

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 Pilot Property Group - Residential LLC

Rey
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This retail property in Detroit offers a layout identified for retail, office, service, or specialty use. Improvements include a recently installed façade, along with new plumbing, HVAC, and electrical service. The building dates to 1950 and carries Commercial zoning.

Key Highlights

  • New façade at the retail property
  • New plumbing, HVAC, and electrical service
  • Commercial zoning

Property Analytics

Current Use

Retail space

Suggested Use

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

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
Utilities to site

Location Intelligence

Trade Area within ½ mile

288
Businesses Nearby
14k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 68% Dining 25% Electronics 7%
Citgo Shops & Services
6,701 visits/mo 0.3 miles
Krispy Krunchy Chicken Dining
3,612 visits/mo 0.3 miles
Valero Energy Shops & Services
3,073 visits/mo 0.1 miles
Boost Mobile Electronics
932 visits/mo 0.3 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

Average Price Trend$/SF for Retail space in Detroit, MI

$77.36 Jul
$85.06 Aug
$94.77 Sep
$105 Oct

Properties on Market for Retail space 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?
Retail space - Updated plumbing, HVAC, and electrical service support a range of commercial occupancy options.
Where is this retail space located?
The property is located at 5117 E 7 Mile Detroit, MI.
What is the asking price?
The asking price for this property is $200,000.
What are key features of this property?
This property features: New façade at the retail property; New plumbing, HVAC, and electrical service; Commercial zoning
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

Ask Rey → ChatGPT Grok Claude
Preferred Make Realmo a preferred source.

Our comps and market reports get this label in your Google results.

Add as a preferred source on Google One click on Google
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message
Why this one?
Why hide this one?