19033 7th Mile Rd, Detroit, MI 48219-2705
This exceptional storefront retail property, located at 19033 W. Seven Mile Road in Detroit, Michigan, presents a compelling investment opportunity. Boasting 2,404 square feet of space, this property is priced at $125,000, or $52 per square foot. The building features a 10-foot clear height, providing ample space for various retail configurations. Convenient street parking is readily available for customers and employees. Previously utilized as a bar/lounge, the space offers a versatile layout adaptable to a wide range of retail uses. The property's location in Detroit, within Wayne County, zip code 48219, ensures high visibility and accessibility for potential customers. The address is 19033 W Seven Mile Rd, Detroit, MI 48219. This property is offered for sale and represents a strong value proposition for investors seeking a well-situated retail space in a dynamic urban market. The geographic coordinates are 42.4296072 latitude and -83.2292713 longitude. This is a fantastic opportunity to acquire a ready-to-occupy retail space in a high-traffic area.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2020Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
B4 · Detroit, MIDetroit. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.