18216 W 7 MILE Road Detroit, MI ^$ 79,900

18216 W 7 MILE Road

^$ 79,900

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18216 W 7 MILE Road

Detroit, MI, 48219

^$ 79,900

Bedrooms-- Baths-- Sq 1,380

Monthly Estimate*

^$ 498

18216 W 7 MILE Road, Detroit, MI 48219 - Image 1

18216 W 7 MILE Road, Detroit, MI 48219 - Image 2

18216 W 7 MILE Road, Detroit, MI 48219 - Image 3

18216 W 7 MILE Road, Detroit, MI 48219 - Image 4

18216 W 7 MILE Road, Detroit, MI 48219 - Image 5

18216 W 7 MILE Road, Detroit, MI 48219 - Image 6

18216 W 7 MILE Road, Detroit, MI 48219 - Image 7

18216 W 7 MILE Road, Detroit, MI 48219 - Image 8

18216 W 7 MILE Road, Detroit, MI 48219 - Image 9

18216 W 7 MILE Road, Detroit, MI 48219 - Image 10

Commercial Property for sale in Detroit, MI

for $79,900. This 1,380 square foot building was built on a lot size of 0.04.

Operating Restaurant Opportunity on High-Traffic Corridor Ã¢â¬â 18216 W 7 Mile Rd, Detroit, MI Seize owning a fully operational restaurant in one of Detroit's high-visibility commercial corridors. This exceptional property at 18216 W 7 Mile Rd offers a rare combination of location, functionality, and immediate income potential. Strategically located just minutes from major thoroughfares and surrounded by residential neighborhoods, retail centers, and schools, this site offers outstanding exposure and a steady stream of local traffic. Ample parking and easy accessibility make it convenient for takeout customers. The current tenant has two years remaining on their lease, making this an excellent opportunity for an investor. Seller financing is available.

Commercial Active

Price

^$ 79,900

Property Type

Commercial

Taxes

^$ 3,750

Style

Commercial/Industrial

Lot Size

0.04

Town/City

Detroit

County/Region

Wayne

MLS | Web ID

60386013

Features

General

Heating Forced Air

Possession At Close

Roof Asphalt

Water Public Water at Street

Status Active Active

Year Built 19

Subdivision MILLDALE MI

Water Heater Gas

County Wayne

Class COM/IND/BUS OPP

Type Commercial/Industrial

Ownership Private

Municipality Detroit

Zoning Commercial

Sale/Rent For Sale

Status Detail 0

Area Detroit (82001)

Primary City Detroit

Directions West 7 Mile just West of Southfield Freeway

City Detroit

Financial Terms Cash Conventional

Legal Description N SEVEN MILE RD W 83 EXC SEVEN MILE RD AS WD MILLDALE SUB L39 P62 PLATS W C R 22/353 23 X 83.39A

DOM 250

Postal Code 48219

Price Per Sq Ft Total AG 57.9

Public Remarks Operating Restaurant Opportunity on High-Traffic Corridor Ã¢â¬â 18216 W 7 Mile Rd Detroit

Exterior

Exterior Brick

Frontage 23

Lot Size Area 0.04

Lot Dimensions 23.00 x 83.00

Roads Paved Street

Waterfront Y/N No

* Excluded Features

List By

Marc Johnson

Listing Agent

Johnson Realty Group, Llc

Broker

mjohnson@jrgrealestate.com

Affordability Calculator

$811

Per Month

Monthly Principal & Interest: $498
Monthly Property Taxes: $313
Monthly Home Insurance: --

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Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Detroit, MI

Average List Price ^$487,688

Percent of Sale Price 510%

About Detroit, MI

633,657 Population

-33% Since 2002

^$26,977 Median Income

36.23 Median Age

26% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

760529 Elementary School

760235 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
7/10/2025	$79,900	-3.15%	Price Down
4/15/2025	$82,500		Listed Price

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18216 W 7 MILE Road, Detroit, MI, 48219 is a Commercial Property for sale at $79,900 with 1,380 sqft and a lot size of 0.04. The property's zip code is 48219 which is in Detroit, MI

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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18216 W 7 MILE Road

Commercial Property for sale in Detroit, MI

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