Building Details

Year Built 1950

Listing Agency: Encore Real Estate Investment Services r***@encorereis.com Show Phone

Listed By: Deno Bistolarides · License #6502378067

Source: Crexi

Added: Dec 4, 2024 Changed: Aug 8 Last Checked: Jul 24 at 7:42AM

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Investment Insights

Based on property information with market context.

This mixed-use property offers the possibility of three retail units and four residential units. The property has a size of 8671 square feet.

Key Highlights

• Great investment opportunity with mixed‑use potential
• Possibility for three retail units
• Possibility for four residential units

Property Analytics

Property Profile

Current Use

Mixed-use properties

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office Parking Lot & Garage Skin Care Clinic Grocery & Convenience Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

625

Businesses Nearby

Explore this area Business Placement

Demographics for 48221, MI

38,204

Population

17,452

Households

2.2

Avg Household Size

38

Median Age

29%

College-Educated

90%

High-School Grad

5.2 sq mi

ZIP Area

7,347

Density / Sq Mi

$55,583

Median Household Income

$37,019

Median Earnings

$1,174

Median Rent

$138,700

Median Home Value

Questions? Ask Rey

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What type of property is this? Where is this mixed-use properties located? What is the asking price? Find similar properties ... What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Mixed-use property - Mixed-use property with retail and residential potential.

Where is this mixed-use property located?

The property is located at 7142 W Seven Mile Rd Detroit, MI.

What is the asking price?

The asking price for this property is $450,000.

What are key features of this property?

This property features: Great investment opportunity with mixed‑use potential; Possibility for three retail units; Possibility for four residential units