Mixed-Use Property with
For Sale
$299,900
7244 W Vernor Hwy, Detroit, MI 48209
Two commercial spaces and upper-level residential redevelopment potential support multiple occupancy configurations.
Property Size3,084 SF
Days on Market10
Property Features for 7244 W Vernor Hwy
General Information
Standard status
Active
Size
3,084 SF
Property subtype
Commercial
Property Condition
Severity
Minor
Evidence
in need of renovation
Additional Details
Asking Price
$299,900
Taxes and HOA fees
Annual Taxes
$4,147
Amenities
gated exterior parking
Building Details
Building Size
3,084 SF
Year Built
1923
Tenancy
Multi
Listing Agency:
Emmanuel Realty LLC
(586) 634-6228
Listed By:
Tina Alfaro · License #6501312815
(586) 634-6228
Source:
Elliman
Added: Aug 12
Changed: Aug 13
Last Checked: Aug 20 at 9:29AM
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 Emmanuel Realty LLC
Investment Insights
Based on property information with market context.
Built in 1923, the property at 7244 W. Vernor Hwy includes two ground-floor commercial storefronts and additional space above. One storefront is occupied by a salon tenant under a month-to-month arrangement, while the second commercial space is available for an owner-user or future tenant. The upper level may accommodate two residential apartments, subject to applicable zoning and municipal approvals. The building is offered as-is and requires renovation.
A gated exterior parking area serves the property, which fronts W. Vernor Hwy in Southwest Detroit. Walk Score is 73, Bike Score is 68, and Transit Score is 41. The existing commercial layout, upper-level redevelopment potential, and month-to-month occupancy provide a range of configurations for a buyer planning renovation and repositioning.
A gated exterior parking area serves the property, which fronts W. Vernor Hwy in Southwest Detroit. Walk Score is 73, Bike Score is 68, and Transit Score is 41. The existing commercial layout, upper-level redevelopment potential, and month-to-month occupancy provide a range of configurations for a buyer planning renovation and repositioning.
Key Highlights
- Two ground‑floor commercial storefronts at 7244 W. Vernor Hwy
- Upper‑level space with potential for two apartments, subject to approvals
- One storefront occupied by a salon tenant on a month‑to‑month basis
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
531
Businesses Nearby
51k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 76%
Dining 16%
Electronics 5%
Home Improvements & Furnishings 3%
Family Dollar
Shops & Services
12,939 visits/mo
0.5 miles
La Carreta
Dining
6,162 visits/mo
0.2 miles
BP
Shops & Services
6,071 visits/mo
0.1 miles
BP
Shops & Services
5,772 visits/mo
0.2 miles
Chase Bank
Shops & Services
5,088 visits/mo
0.4 miles
Demographics for 48209, MI
27,096
Population
11,020
Households
2.5
Avg Household Size
30
Median Age
10%
College-Educated
61%
High-School Grad
6.8 sq mi
ZIP Area
3,985
Density / Sq Mi
$42,152
Median Household Income
$30,091
Median Earnings
$843
Median Rent
$82,800
Median Home Value
Market
Vacancy Rate% for Retail in Detroit, MI
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Two commercial spaces and upper-level residential redevelopment potential support multiple occupancy configurations.
Where is this mixed-use property located?
The property is located at 7244 W Vernor Hwy Detroit, MI.
What is the asking price?
The asking price for this property is $299,900.
What are key features of this property?
This property features: Two ground‑floor commercial storefronts at 7244 W. Vernor Hwy; Upper‑level space with potential for two apartments, subject to approvals; One storefront occupied by a salon tenant on a month‑to‑month basis
