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Dollar Storefront Business
New
For Sale
$79,000

7604 E 7 mile Road, Detroit, MI 48234

An operating dollar store occupies more than 5,400 square feet and has lottery, ATM, and cigarette licenses available.

Property SizeContact for details
Days on Market6

Property Features for 7604 E 7 mile Road

General Information

Standard status Active

Site & Location

Neighborhood Grant

Additional Details

Business Included Yes
Currently Operating Yes
Listing Agency: Brookstone, Realtors LLC
Listed By: Tariq Herish · License #MISPE-6501293554
Source: Charterpropertiesgr
Added: Oct 24 Changed: Oct 25 Last Checked: Oct 28 at 8:54AM

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 Brookstone, Realtors LLC

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Investment Insights

Based on property information with market context.

An established dollar store business operates in a 5,400-plus-square-foot storefront at 7604 E 7 Mile Road in Detroit. The business has a long operating history and an established customer base. Lottery, ATM, and cigarette licenses are available, providing additional business activities.

Key Highlights

  • More than 5,400 square feet of storefront space
  • Established dollar store operation with a long history and customer base
  • Lottery, ATM, and cigarette licenses available

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Storefront properties

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Kitchen & Bath Showroom Skin Care Clinic HVAC Service

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

Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

330
Businesses Nearby
10k
Monthly Visits Nearby
Under-served
Demand for This Use

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

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

Frequently Asked Questions

What type of property is this?
Storefront property - An operating dollar store occupies more than 5,400 square feet and has lottery, ATM, and cigarette licenses available.
Where is this storefront property located?
The property is located at 7604 E 7 mile Road Detroit, MI.
What is the asking price?
The asking price for this property is $79,000.
What are key features of this property?
This property features: More than 5,400 square feet of storefront space; Established dollar store operation with a long history and customer base; Lottery, ATM, and cigarette licenses available
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