Building Details

Year Built 1961

Buildings 1

Stories 1

Tenancy Single

Listing Agency: Signature Associates Warren j***@signatureassociates.com Show Phone

Listed By: Joe Stack · License #MI

Source: Crexi

Added: Apr 24, 2024 Changed: Aug 20 Last Checked: Aug 22 at 5:14AM

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Investment Insights

Based on property information with market context.

This retail space, located in Detroit, Michigan, is available for sale. The property offers a total size of 3183 square feet.

Key Highlights

• For sale
• Year built: 1961

Property Analytics

Property Profile

Current Use

Retail space

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Spa & Massage Center Restaurant Building Supply

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

373

Businesses Nearby

14k

Monthly Visits Nearby

Explore this area Business Placement

Foot Traffic Nearby

Shops & Services 100%

Valero Energy Shops & Services

5,304 visits/mo 0.4 miles

Citgo Shops & Services

4,495 visits/mo 0.4 miles

Sunoco Shops & Services

4,332 visits/mo 0.4 miles

Demographics for 48219, MI

46,811

Population

20,815

Households

2.2

Avg Household Size

37

Median Age

13%

College-Educated

87%

High-School Grad

8.4 sq mi

ZIP Area

5,573

Density / Sq Mi

$43,882

Median Household Income

$31,187

Median Earnings

$1,037

Median Rent

$84,500

Median Home Value

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?

Retail space - Retail space available for sale in Detroit, Michigan.

Where is this retail space located?

The property is located at 19000 W Seven Mile Rd Detroit, MI.

What is the asking price?

The asking price for this property is $125,000.

What are key features of this property?

This property features: For sale; Year built: 1961