Freestanding Building on Seven
For Sale
Contact for pricing
7514 Seven Mile E, Detroit, MI 48234
Freestanding building with open concept, ideal for restaurant/event space.
Property Size4,110 SF
Price / SF$36.25
Days on Market708
Property Features for 7514 Seven Mile E
General Information
Standard status
Active
Size
4,110 SF
Property subtype
Retail
Zoning
B4 - General Business District
Building Details
Year Built
1950
Buildings
1
Stories
1
Listing Agency:
Insite Commercial
Listed By:
Kyle Nelson · License #MI 6501407469
(248) 359-9000
Source:
Crexi
Added: Sep 30, 2024
Changed: Sep 6
Last Checked: Sep 7 at 8:35AM
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 Insite Commercial
Investment Insights
Based on property information with market context.
A freestanding building is available for sale on E Seven Mile Rd, situated just west of Van Dyke in Detroit, MI. The property features an open concept design and is equipped with a bar, kitchen, and abundant seating. The building spans 4110 square feet. Its B4: General Business zoning makes it suitable for an event space, restaurant, or various other uses. The sale includes the adjacent parking lot located to the west of the building.
Key Highlights
- Freestanding building.
- Includes adjacent parking lot.
- Favorable B4: General Business zoning allows for numerous uses.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
582
Businesses Nearby
38k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 90%
Dining 8%
Electronics 3%
BP
Shops & Services
12,452 visits/mo
0.4 miles
Pet Supplies Plus
Shops & Services
6,947 visits/mo
0.4 miles
Dollar General
Shops & Services
6,620 visits/mo
0.3 miles
U-Haul Moving & Storage AT 7 Mile & Livernois
Shops & Services
3,913 visits/mo
0.4 miles
Comerica Bank
Shops & Services
2,946 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
Market
Vacancy Rate% for Retail in Detroit, MI
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - Freestanding building with open concept, ideal for restaurant/event space.
Where is this retail space located?
The property is located at 7514 Seven Mile E Detroit, MI.
What is the asking price?
The asking price for this property is $149,000.
What are key features of this property?
This property features: Freestanding building.; Includes adjacent parking lot.; Favorable B4: General Business zoning allows for numerous uses.
