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    13641 7 Mile Rd Detroit, MI 48205

    Sponsored
    For Lease
    Contact for pricing

    Prime Detroit retail space, ample parking. Ideal for various uses.

    Lot size:
    2,420 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 2,420 square foot retail property, located at 13641 Seven Mile E, Detroit, MI 48205, presents a unique investment opportunity. Situated on a 0.37-acre lot, this single-tenant building offers a spacious and versatile layout, currently vacant and ready for immediate occupancy. Built in 1955, the property is classified as Class C and features a single story design. The building boasts ample parking, a significant advantage for attracting customers and employees. The property is zoned B4 and benefits from 220-volt power. Its convenient location in the Detroit E of Woodward submarket, with easy access to Schoenherr Rd, provides excellent visibility and accessibility. Previously used as an urgent care facility, this adaptable space offers numerous potential uses for a variety of businesses. The property is located in Wayne County, Michigan. This is a rare opportunity to acquire a well-positioned retail space in a thriving area of Detroit. The substantial square footage and ample parking make this property an attractive option for businesses seeking a prominent presence in a high-traffic location.

    Property Features for 13641 7 Mile Rd

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    2,420 SF
    Class
    C

    Building Details

    Year Built
    1955
    Buildings
    1
    Stories
    1

    Unit(s) available at that property

    Space
    Available Space
    Size
    2,420 SF

    HighLights

    • 2,420 square feet of rentable space available.
    • Versatile space suitable for various business types.
    • B4 zoning designation.
    • Abundant on‑site parking.
    • Immediately available for occupancy.
    • Gross lease rate: $3,500 per month.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Detroit
    County
    Wayne
    State
    Michigan
    Longitude
    -82.9842176
    Latitude
    42.4352104

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    FAQs

    What type of property is this?
    Retail property - Prime Detroit retail space, ample parking. Ideal for various uses.
    Where is this retail property located?
    The property is located at 13641 7 Mile Rd Detroit, MI.
    What are key features of this property?
    This property features: 2,420 square feet of rentable space available.; Versatile space suitable for various business types.; B4 zoning designation.
    Request Owner's contact information
    13641 7 Mile Rd Detroit, MI 48205
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    Detroit, MI 48205
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    13641 7 Mile Rd Detroit, MI 48205
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