Storefront Property with New
New
For Sale
$200,000
5117 E 7 Mile Road, Detroit, MI 48234
Commercial zoning accompanies a property with new plumbing, HVAC, and electrical service.
Property Size3,600 SF
Price / SF$55.56
Days on Market1
Property Features for 5117 E 7 Mile Road
General Information
Standard status
Active
Size
3,600 SF
Property subtype
Commercial
Zoning
Commercial
Site & Location
Neighborhood
Grant
Utilities to Site
Yes
Additional Details
Property Use
retail, office, service, specialty
Building Details
Building Size
3,600 SF
Year Built
1950
Listing Agency:
Pilot Property Group - Residential LLC
Listed By:
Ken Ferrier · License #6502125983
(231) 571-5623
Source:
Homeflexrealty
Added: Oct 29
Last Checked: Oct 29 at 2:33PM
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
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 3,600-square-foot storefront property at 5117 E 7 Mile Road in Detroit was built in 1950. The building has a new façade, along with new plumbing, HVAC, and electrical service. Its zoning is Commercial.
Retail, office, service, and specialty uses are identified for the property.
Retail, office, service, and specialty uses are identified for the property.
Key Highlights
- New plumbing, HVAC, and electrical service
- New façade
- 3,600 square feet
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
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
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in Detroit, MI
Frequently Asked Questions
What type of property is this?
Storefront property - Commercial zoning accompanies a property with new plumbing, HVAC, and electrical service.
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 plumbing, HVAC, and electrical service; New façade; 3,600 square feet
