Back to search
16331 W 7 MILE RD Road Detroit, MI $ 424,900
Share Save
$ 424,900 Get more info
16331 W 7 MILE RD Road
$ 424,900
Back to search
Share Save

16331 W 7 MILE RD Road

Detroit, MI, 48235
$ 424,900
Bedrooms-- Baths-- Sq 3,842

Monthly Estimate*

$ 2,651

16331 W 7 MILE RD Road, Detroit, MI 48235 - Image 1
16331 W 7 MILE RD Road, Detroit, MI 48235 - Image 2
16331 W 7 MILE RD Road, Detroit, MI 48235 - Image 3
16331 W 7 MILE RD Road, Detroit, MI 48235 - Image 4
16331 W 7 MILE RD Road, Detroit, MI 48235 - Image 5
16331 W 7 MILE RD Road, Detroit, MI 48235 - Image 6
16331 W 7 MILE RD Road, Detroit, MI 48235 - Image 7
16331 W 7 MILE RD Road, Detroit, MI 48235 - Image 8
16331 W 7 MILE RD Road, Detroit, MI 48235 - Image 9

Commercial Property for sale in Detroit, MI

for $424,900. This 3,842 square foot building was built in 1954 on a lot size of 0.31.

MOTIVATED SELLER Prime investment opportunity! This commercial plaza features 4 units, with two already leased, providing immediate cash flow. Ideal for new or seasoned investors looking to expand their portfolio in commercial real estate. Plenty of potential to grow two units are also currently vacant extremely busy road with high traffic. Please do not approach the tenants. BATVAI

See more
Commercial Active

Price

$ 424,900

Property Type

Commercial

Taxes

$ 2,929

Style

RealEstateOnly

Lot Size

0.31

Year Built

1954

Town/City

Detroit

County/Region

Wayne

MLS | Web ID

20251050472
Features
General
Sewer PublicSewer
Heating ForcedAir
Cooling CentralAir
Possession AtClose
Garage Spaces 0.0
Construction Materials Brick Other
Year Built 1954
Levels One
Property Subtype RealEstateOnly
Current Use Other Retail Service
Business Type Mixed ProfessionalOffice Retail Service Wholesale
County Wayne
Net Operating Income 25000.0
Operating Expense 8000.0
New Construction N
Property Type CommercialSale
HOA N
Attached Garage N
Subdivision Name COLLEGE DRIVE (PLATS)
Garage Y/N N
Status Active
Directions W 7 MILE AND SSOUTHFIELD FREEWAY
City DetroitCity_Wayne
Senior Community Y/N N
High School District Detroit
Zoning Description Commercial
MLS Area Area05032Det6To8GrnfldToLimits
Lot Size Units Acres
Carport Y/N N
Land Lease Y/N N
Tax Annual Amount 2929.0
Home Warranty Y/N N
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Standard Status Active
Occupancy Type MultipleOccupantTypes
Tax Assessed Value 32745
Expected Active Date 2025-10-31
Legal Description S W SEVEN MILE RD W 10FT 35; LOTS 34 THRU 28 EXC SEVEN MILE RD AS WD COLLEGE DRIVE SUB L48 P34 PLATS W C R 22/431 149 X 91.71A (2004 COMBINATION ITEMS: 016256-9 016260-3 10-29-03)
See more
Exterior
Water Source Public
Foundation Details Slab
Spa N
Lot Dimensions 149.00 x 92.00
Lot Size Acres 0.31
Waterfront Y/N N
Road Frontage Type Paved
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
See more
Interior
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N N
Above Grade Finished Area 3842.0
Above Grade Finished Area Unit Type SquareFeet
See more
Internal Only
Street Number 1 16331
See more
* Excluded Features
List By
Marvin Nafsu

Listing Agent

Showtime Realty

Broker

(586) 565-2255

Phone

Affordability Calculator

$2,895
Per Month
92%
8%
0%
Monthly Principal & Interest
$2,651
Monthly Property Taxes
$244
Monthly 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.
Learn more about how to save

Discover how much house you can afford

Your dream home may be within reach.

Learn More about how to save

The time to sell is now
THE TIME TO SELL IS NOW! What's my home worth?
Nearby
848539 Elementary School
848135 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
10/31/2025$424,900 Listed Price

Map

More homes like this one

homes for you

See all
See all

16331 W 7 MILE RD Road, Detroit, MI, 48235 is a Commercial Property for sale at $424,900 with 3,842 sqft and a lot size of 0.31. 16331 W 7 MILE RD Road was built in 1954. The property's zip code is 48235 which is in Detroit, MI

Get more info