5207 E 7 Mile Road Detroit, MI $ 49,999
5207 E 7 Mile Road
$ 49,999
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5207 E 7 Mile Road

Detroit, MI, 48234
$ 49,999
Bedrooms-- Baths--

Monthly Estimate*

$ 312

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5207 E 7 Mile Road, Detroit, MI 48234 - Image 18

Commercial Property for sale in Detroit, MI

for $49,999. This building was built in 1965 on a lot size of 0.2.

Fantastic business opportunity in the heart of Metro Detroit! This fully equipped, turn-key restaurant offers high visibility on a busy, high-traffic corridor. The kitchen comes complete with all major equipment, allowing a new owner to start operating immediately. The menu can support a variety of options, including fried chicken, burgers, seafood, rice bowls, desserts, and more, perfect for a versatile fast-casual concept. The current owner has done no advertising, leaving tremendous room for growth. Add delivery services, catering, or local marketing to increase revenue quickly. Strong online presence potential and excellent location exposure make this an ideal venture for an owner-operator or investor. Don’t miss this profitable, ready-to-run opportunity!

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Commercial Active

Price

$ 49,999

Property Type

Commercial

Taxes

$ 0

Style

Business

Lot Size

0.2

Year Built

1965

Town/City

Detroit

County/Region

Wayne

MLS | Web ID

20251054068

Features
General
Sewer PublicSewer
Heating ForcedAir NaturalGas
Possession AtClose
Garage Spaces 0.0
Construction Materials Brick
Year Built 1965
Levels One
Property Subtype Business
Current Use Restaurant Service
Business Type Service
County Wayne
Net Operating Income 150000.0
Operating Expense 38000.0
New Construction N
Property Type BusinessOpportunity
HOA N
Attached Garage N
Garage Y/N N
Status Active
Directions Located on E 7 Mile Rd between Mound Rd and Ryan Rd the property sits on the south side of 7 Mile.
City DetroitCity_Wayne
Senior Community Y/N N
High School District Detroit
Zoning Description Commercial
MLS Area Area05051Det68DequindreToConner
Lot Size Units Acres
Carport Y/N N
Land Lease Y/N N
Tax Annual Amount 0.0
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 Owner
Tax Assessed Value 0
Expected Active Date 2025-11-13
Legal Description N SEVEN MILE ROAD 14 THRU 11SEYMOUR & TROESTERS POLONIA PARK L46 P28 PLATS W C R 13/289 78 X 110
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Exterior
Water Source Public
Foundation Details Basement Block
Spa N
Building Area Total 2462.0
Lot Dimensions 78X110
Lot Size Acres 0.2
Waterfront Y/N N
Road Frontage Type Alley Paved
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Interior
Basement (Y/N) Y
Air Conditioning Y/N N
Heating Y/N Y
Fireplace Y/N N
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Internal Only
Street Number 1 5207
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* Excluded Features
List By
Iftihaz Hussain

Listing Agent

Amin Realty

Broker

(313) 200-5114

Phone

Affordability Calculator

$312
Per Month
100%
0%
0%
Monthly Principal & Interest
$312
Monthly Property Taxes
--
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.
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Nearby
848539 Elementary School
848135 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
11/14/2025$49,999 Listed Price

Map


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5207 E 7 Mile Road, Detroit, MI, 48234 is a Commercial Property for sale at $49,999 with a lot size of 0.2. 5207 E 7 Mile Road was built in 1965. The property's zip code is 48234 which is in Detroit, MI