Property summary
This exceptional 1,400 square foot retail space, located at 7104 W 7 Mile Rd in Detroit, Michigan, presents a fantastic opportunity for a discerning business. Situated on a 0.21-acre lot in Wayne County, this single-story building boasts a prime location near the renowned Fashion Ave. Built in 1937 and renovated in 2000, the property offers ample space for a variety of retail uses. The space is currently available for lease, with occupancy commencing July 1, 2024, due to a tenant relocation. The property features five parking spaces for customer convenience, and is zoned B-3. A significant advantage for food-related businesses is the inclusion of a three-compartment sink, already installed. The property also offers excellent signage opportunities, allowing for high visibility and brand recognition. This location benefits from established neighboring businesses including State Farm Insurance, a rib restaurant, and a baking supplies store, creating a vibrant and diverse commercial environment. This is an ideal opportunity to establish or expand your business in a thriving Detroit neighborhood. The property is conveniently located in zip code 48221.
Property profile
VerifiedCap rate & NOI
Current use
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(Bike/Boat/Book/etc) Store
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Value estimation
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from $99/month
Cap rate
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from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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