Retail Building Near Evergreen
For Sale
Contact for pricing
20534 W 7 Mile Rd, Detroit, MI 48219
City-owned retail building requiring full rehabilitation, near Evergreen.
Property Size3,166 SF
Price / SF$20.53
Days on Market661
Property Features for 20534 W 7 Mile Rd
General Information
Standard status
Active
Size
3,166 SF
Class
C
Property subtype
Office, Retail
Zoning
B4
Building Details
Year Built
1948
Buildings
1
Listing Agency:
Summit Commercial LLC
(248) 619-4948
Listed By:
Jason Gage · License #6504376893
Source:
Crexi
Added: Oct 30, 2024
Changed: Aug 16
Last Checked: Aug 20 at 12:55AM
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 Summit Commercial LLC
Investment Insights
Based on property information with market context.
This city-owned retail building, requiring full rehabilitation, is located near Evergreen, in close proximity to a large shopping center. The property offers 3,166 square feet of retail space. An application is required.
Key Highlights
- Well‑located near Evergreen
- Large shopping center nearby
- Retail building, ideal for various business ventures
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
373
Businesses Nearby
14k
Monthly Visits Nearby
Under-served
Demand for This Use
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Storefront property - City-owned retail building requiring full rehabilitation, near Evergreen.
Where is this storefront property located?
The property is located at 20534 W 7 Mile Rd Detroit, MI.
What is the asking price?
The asking price for this property is $65,000.
What are key features of this property?
This property features: Well‑located near Evergreen; Large shopping center nearby; Retail building, ideal for various business ventures
