Renovated Retail
For Sale
$1,500,000
5153 E 7 Mile, Detroit, MI 48234
A commercial-zoned retail property on E. 7 Mile Road is offered with an established business.
Property SizeContact for details
Days on Market80
Property Features for 5153 E 7 Mile
General Information
Standard status
Active
Property subtype
Commercial/Industrial
Zoning
Commercial
Site & Location
Neighborhood
Farwell
Listed By:
J.A. BACHLER
(810) 765-8895
Source:
Jabachler
Added: Aug 11
Changed: Oct 27
Last Checked: Oct 27 at 4:22AM
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 J.A. BACHLER
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 at 5153 E. 7 Mile includes an established business and received a complete renovation earlier this year. The site is zoned Commercial.
The property is located on E. 7 Mile Road in Detroit. The business is offered with the real estate, with potential food service or expanded product offerings subject to applicable approvals.
The property is located on E. 7 Mile Road in Detroit. The business is offered with the real estate, with potential food service or expanded product offerings subject to applicable approvals.
Key Highlights
- Complete renovation earlier this year
- Established business included in the offering
- Commercial zoning
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
288
Businesses Nearby
14k
Monthly Visits Nearby
Explore this area
Business Placement
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
Vacancy Rate% for Retail in Detroit, MI
Frequently Asked Questions
What type of property is this?
Retail space - A commercial-zoned retail property on E. 7 Mile Road is offered with an established business.
Where is this retail space located?
The property is located at 5153 E 7 Mile Detroit, MI.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: Complete renovation earlier this year; Established business included in the offering; Commercial zoning
