Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    19000 Seven Mile Rd Detroit, MI 48219

    For Sale
    $125,000

    Prime 3,183 SF Retail Space - $125K

    Property size:
    3,183 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional retail property, located at 19000 W Seven Mile Road in Detroit, Michigan, presents a compelling investment opportunity. The single-story building, constructed in 1961, offers 3,183 square feet of versatile space on a 0.14-acre lot. The property is zoned B-4, allowing for a wide range of commercial uses. The asking price is $125,000, translating to a price per square foot of $39.27. Key features include ample parking, enhancing customer convenience and accessibility. The building is equipped with 220-volt, 3-phase power, catering to diverse business needs. A single overhead door provides convenient access for loading and unloading. Situated in Wayne County, with a Detroit zip code of 48219, this property benefits from its strategic location. The property's single-tenancy structure offers simplicity and control for the owner. This is an ideal opportunity for investors seeking a well-located, functional retail space in a thriving Detroit market. The property's solid construction and desirable features make it a strong contender for a variety of commercial ventures. Don't miss this chance to acquire a valuable asset in a dynamic urban setting.

    Property Features for 19000 Seven Mile Rd

    General Information

    Property type
    Retail properties
    Square Feet
    3,183 SF
    Lot Size
    6,098 SF

    Building Details

    Year Built
    1961
    Buildings
    1
    Stories
    1

    HighLights

    • 3,183 square feet available.
    • B‑4 zoning.
    • Ample parking.
    • 220‑volt, 3‑phase power.
    • One overhead door.
    • Sale price: $125,000 ($39.27/sq.ft.).
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Detroit
    County
    Wayne
    State
    Michigan
    Longitude
    -83.2287628
    Latitude
    42.4301574

    Nearby Similar for Sale

    • $4,500,000
      48,336 SF

      Detroit Multifamily Investment Opportunity

      Sixty-unit apartment complex near Dearborn, generating nearly $50,000 monthly.
      15860 Joy Rd, Detroit, MI 48228
      View Details
    • $4,500,000
      36,221 SF

      Detroit Multifamily Investment Opportunity

      Sixty-unit multifamily property in Detroit's Oakman Boulevard neighborhood.
      15860 Joy Rd, Detroit, MI 48228
      View Details
    • $2,238,350
      24,912 SF

      Detroit Investment Property Package Deal

      Package deal featuring tenant-occupied and vacant homes in Detroit.
      326 Eastlawn St, Detroit, MI 48215
      View Details
    • $425,000
      6,616 SF

      Farwell Commercial/Industrial Property For Sale

      Office, business center, and bay garages in Farwell, Michigan.
      2655 W Ludington Dr, Farwell, MI 48622
      View Details
    • New
      $345,000
      0.12 Acres

      Detroit Duplex in Boston-Edison

      Well-maintained duplex with strong rental potential in Historic Boston-Edison.
      1665 Atkinson St, Detroit, MI 48206
      View Details
    • $1,499,000
      3,800 SF

      Turn-Key Dispensary on Large Lot

      Fully licensed dispensary with drive-thru and ample parking for sale.
      5540 E 8 Mile Rd E, Detroit, MI 48091
      View Details

    FAQs

    What type of property is this?
    Retail property - Prime 3,183 SF Retail Space - $125K
    Where is this retail property located?
    The property is located at 19000 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: 3,183 square feet available.; B-4 zoning.; Ample parking.
    (248) 359-0615
    Request Owner's contact information
    19000 Seven Mile Rd Detroit, MI 48219
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    19000 Seven Mile Rd
    Detroit, MI 48219
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    19000 Seven Mile Rd Detroit, MI 48219
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.