16331 W 7 MILE RD Road Detroit, MI ^$ 424,900

16331 W 7 MILE RD Road

^$ 424,900

Back to search

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 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

Commercial Active

Price

^$ 424,900

Property Type

Commercial

Taxes

^$ 2,929

Style

Commercial/Industrial

Lot Size

0.31

Town/City

Detroit

County/Region

Wayne

MLS | Web ID

60949854

Features

General

Heating Forced Air

Possession At Close

Water Public Water

Status Active Active

Year Built 19

Subdivision COLLEGE DRIVE (PLATS) 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 W 7 MILE AND SSOUTHFIELD FREEWAY

City Detroit

Financial Terms Cash

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)

DOM 33

Postal Code 48235

Price Per Sq Ft Total AG 110.59

Public Remarks MOTIVATED SELLER Prime investment opportunity! This commercial plaza features 4 units with two already leased

Exterior

Exterior Brick Other

Frontage 63

Lot Size Area 0.31

Lot Dimensions 149.00 x 92.00

Roads Paved Street

Waterfront Y/N No

* Excluded Features

List By

Marvin Nafsu

Listing Agent

Showtime Realty

Broker

topstarrealtor@gmail.com

Affordability Calculator

$2,895

Per Month

Monthly Principal & Interest: $2,651
Monthly Property Taxes: $244
Monthly Home Insurance: --

Set your offer price

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.

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! What's my home worth?

Nearby

Trends
Schools

Commerical listings in Detroit, MI

Average List Price ^$496,505

Percent of Sale Price 17%

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
10/31/2025	$424,900		Listed Price

Map

More homes like this one

homes for you

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. The property's zip code is 48235 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.

Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.

The information published and disseminated by MiRealSource is communicated verbatim, without change by MiRealSource, as filed with MiRealSource by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.

The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc.

*Full Name

*Email

*Phone

I am interested in financing options

Get more info

By submitting the form, you agree that Weichert^® may contact you via phone or text about your inquiry, which may involve the use of automated means. You are not required to consent as a condition of purchasing any property, goods or services. For any other information please read our privacy policy.

Get more info

Looking for an Associate?

Already Working with an Associate?

16331 W 7 MILE RD Road

Commercial Property for sale in Detroit, MI

Affordability Calculator

Map

More homes like this one

Get more info about this home