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Modernized Storefront Property
For Sale
$200,000

5117 E 7 Mile Road, Detroit, MI 48234

Updated building systems support retail, office, service, and specialty commercial uses.

Property Size3,600 SF
Days on Market41

Property Features for 5117 E 7 Mile Road

General Information

Standard status Active
Size 3,600 SF
Property subtype Commercial
Zoning Commercial

Additional Details

Utilities to Site Yes

Building Details

Building Size 3,600 SF
Year Built 1950
Listing Agency: Pilot Property Group - Residential LLC
Listed By: Alexander Termini · License #6501392648
Source: Erareardonrealty
Added: Jul 21 Changed: Aug 28 Last Checked: Aug 29 at 10:21AM

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

Investment Insights

Based on property information with market context.

This storefront property was built in 1950 and now features a new façade with a contemporary exterior presentation. The interior configuration supports a range of commercial applications, including retail, office, service, and specialty use.

Building systems have been updated with new plumbing, HVAC, and electrical service. The property also offers frontage along E 7 Mile Road in Detroit, providing a visible commercial presence along the roadway.

Key Highlights

  • New façade with frontage along E 7 Mile Road
  • New plumbing, HVAC, and electrical service
  • Layout supports retail, office, service, or specialty use

Property Analytics

Current Use

Storefront properties

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.

Lease Details

Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

330
Businesses Nearby
10k
Monthly Visits Nearby
Under-served
Demand for This Use

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

7.5% 2019
9.2% 2020
8.5% 2021
7.3% 2022
7.9% 2023
7% 2024
7% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Storefront property - Updated building systems support retail, office, service, and specialty commercial uses.
Where is this storefront property located?
The property is located at 5117 E 7 Mile Road 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 with frontage along E 7 Mile Road; New plumbing, HVAC, and electrical service; Layout supports retail, office, service, or specialty use
More about this property
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