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Conventional Restaurant Property
New
For Sale
$45,000

7409 Harper Ave, Detroit, MI 48213

Operating since 2005, the restaurant has a newer roof and is offered in as-is condition.

Property Size2,690 SF
Price / SF$16.73
Days on Market5

Property Features for 7409 Harper Ave

General Information

Standard status Active
Size 2,690 SF

Additional Details

Highway Access Yes

Taxes and HOA fees

Annual Taxes $1,681
Listing Agency: National Realty Centers, Inc
Listed By: Sherry Liu · License #6501433322
Source: Exprealty
Added: Oct 9 Changed: Oct 11 Last Checked: Oct 12 at 10:02PM

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 National Realty Centers, Inc

Investment Insights

Based on property information with market context.

This Detroit restaurant property dates to 1918 and has operated as a restaurant since 2005. A newer roof is among its physical updates, and the property is being sold in as-is condition.

The site is on Harper Avenue, about one mile east of General Motors Factory ZERO, also known as the Detroit-Hamtramck Assembly Center. Access is near the Van Dyke (M-53) exit from I-94.

Key Highlights

  • Restaurant use established in 2005
  • 1918 building with a newer roof
  • About one mile east of General Motors Factory ZERO

Property Analytics

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Current Use

Conventional restaurants

Suggested Use

Top Pick Real Estate Agency Dental Office Spa & Massage Center Hair Salon Pharmacy Nail Salon

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
Highway access

Location Intelligence

Trade Area within ½ mile

190
Businesses Nearby
9k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 83% Dining 17%
BP Shops & Services
7,591 visits/mo 0.2 miles
Tubby's Dining
1,570 visits/mo 0.2 miles

Demographics for 48213, MI

19,088
Population
11,365
Households
1.7
Avg Household Size
39
Median Age
7%
College-Educated
82%
High-School Grad
6.5 sq mi
ZIP Area
2,937
Density / Sq Mi
$33,755
Median Household Income
$24,765
Median Earnings
$837
Median Rent
$52,100
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

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

What type of property is this?
Conventional restaurant - Operating since 2005, the restaurant has a newer roof and is offered in as-is condition.
Where is this conventional restaurant located?
The property is located at 7409 Harper Ave Detroit, MI.
What is the asking price?
The asking price for this property is $45,000.
What are key features of this property?
This property features: Restaurant use established in 2005; 1918 building with a newer roof; About one mile east of General Motors Factory ZERO
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