13403 W 7 Mile Road Detroit, MI $ 1,350,000
13403 W 7 Mile Road
$ 1,350,000
Share Save

13403 W 7 Mile Road

Detroit, MI, 48235
$ 1,350,000
Bedrooms-- Baths-- Sq 6,200

Monthly Estimate*

$ 8,312

13403 W 7 Mile Road, Detroit, MI 48235 - Image 1
13403 W 7 Mile Road, Detroit, MI 48235 - Image 2
13403 W 7 Mile Road, Detroit, MI 48235 - Image 3
13403 W 7 Mile Road, Detroit, MI 48235 - Image 4
13403 W 7 Mile Road, Detroit, MI 48235 - Image 5
13403 W 7 Mile Road, Detroit, MI 48235 - Image 6
13403 W 7 Mile Road, Detroit, MI 48235 - Image 7
13403 W 7 Mile Road, Detroit, MI 48235 - Image 8
13403 W 7 Mile Road, Detroit, MI 48235 - Image 9
13403 W 7 Mile Road, Detroit, MI 48235 - Image 10
13403 W 7 Mile Road, Detroit, MI 48235 - Image 11
13403 W 7 Mile Road, Detroit, MI 48235 - Image 12
13403 W 7 Mile Road, Detroit, MI 48235 - Image 13
13403 W 7 Mile Road, Detroit, MI 48235 - Image 14
13403 W 7 Mile Road, Detroit, MI 48235 - Image 15
13403 W 7 Mile Road, Detroit, MI 48235 - Image 16
13403 W 7 Mile Road, Detroit, MI 48235 - Image 17
13403 W 7 Mile Road, Detroit, MI 48235 - Image 18
13403 W 7 Mile Road, Detroit, MI 48235 - Image 19
13403 W 7 Mile Road, Detroit, MI 48235 - Image 20
13403 W 7 Mile Road, Detroit, MI 48235 - Image 21
13403 W 7 Mile Road, Detroit, MI 48235 - Image 22
13403 W 7 Mile Road, Detroit, MI 48235 - Image 23
13403 W 7 Mile Road, Detroit, MI 48235 - Image 24
13403 W 7 Mile Road, Detroit, MI 48235 - Image 25
13403 W 7 Mile Road, Detroit, MI 48235 - Image 26
13403 W 7 Mile Road, Detroit, MI 48235 - Image 27
13403 W 7 Mile Road, Detroit, MI 48235 - Image 28
13403 W 7 Mile Road, Detroit, MI 48235 - Image 29
13403 W 7 Mile Road, Detroit, MI 48235 - Image 30
13403 W 7 Mile Road, Detroit, MI 48235 - Image 31
13403 W 7 Mile Road, Detroit, MI 48235 - Image 32
13403 W 7 Mile Road, Detroit, MI 48235 - Image 33
13403 W 7 Mile Road, Detroit, MI 48235 - Image 34
13403 W 7 Mile Road, Detroit, MI 48235 - Image 35
13403 W 7 Mile Road, Detroit, MI 48235 - Image 36
13403 W 7 Mile Road, Detroit, MI 48235 - Image 37
13403 W 7 Mile Road, Detroit, MI 48235 - Image 38
13403 W 7 Mile Road, Detroit, MI 48235 - Image 39
13403 W 7 Mile Road, Detroit, MI 48235 - Image 40
13403 W 7 Mile Road, Detroit, MI 48235 - Image 41
13403 W 7 Mile Road, Detroit, MI 48235 - Image 42

Commercial Property for sale in Detroit, MI

for $1,350,000. This 6,200 square foot building was built in 1950 on a lot size of 0.54.

Excellent investment or owner-user opportunity offering multiple income streams with upside. The property is anchored by Bank of America, which recently renewed its lease for another 60 months, with approximately 65 months remaining plus renewal options, and has occupied the location for over 10 years. The on-site ATM generates approximately $36,000 annually. The Pharmacy, a strong and thriving tenant in place for nearly 12 years, is secured under a 72-month lease plus options and produces approximately $60,000 in annual rent, with 6% escalations after the current term. The property also features a fully built-out ~4,000 SF clinic space that is currently vacant, creating an ideal opportunity for an owner-user looking to operate a clinic or for an investor to lease the space. This suite represents approximately $72,000 per year in potential income, bringing total projected income to $168,000 annually, while current in-place income totals $96,000 annually.

See more

Commercial Active

Price

$ 1,350,000

Property Type

Commercial

Taxes

$ 7,903

Style

RealEstateOnly

Lot Size

0.54

Year Built

1950

Town/City

Detroit

County/Region

Wayne

MLS | Web ID

20261006481

Features
General
Sewer PublicSewer
Possession AtClose
Garage Spaces 0.0
Construction Materials Block
Year Built 1950
Property Subtype RealEstateOnly
Current Use Commercial MedicalDental
County Wayne
Net Operating Income 0.0
Operating Expense 0.0
New Construction N
Property Type CommercialSale
HOA N
Attached Garage N
Subdivision Name BLACKSTONE PARK
Garage Y/N N
Status Active
Directions W Hartwell / E Snowden
City DetroitCity_Wayne
Senior Community Y/N N
High School District Detroit
Zoning Description Commercial
MLS Area Area05083Wayne
Lot Size Units Acres
Carport Y/N N
Land Lease Y/N N
Tax Annual Amount 7903.0
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 105901
Expected Active Date 2026-02-03
Legal Description S SEVEN MILE W 22 THRU 12 BLACKSTONE PARK SUB L45 P51 PLATS W C R 22/286 236 X 100
See more
Exterior
Water Source Public
Foundation Details Poured Slab
Spa N
Building Area Total 6200.0
Lot Dimensions 236X100
Lot Size Acres 0.54
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 N
Heating Y/N N
Fireplace Y/N N
Above Grade Finished Area 6200.0
Above Grade Finished Area Unit Type SquareFeet
See more
Internal Only
Street Number 1 13403
See more
* Excluded Features
List By
Nick Jaafar

Listing Agent

Keller Williams Legacy

Broker

(313) 706-7011

Phone

Affordability Calculator

$8,971
Per Month
93%
7%
0%
Monthly Principal & Interest
$8,312
Monthly Property Taxes
$659
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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
Pricing History
DatePricePrice ChangeDescription
2/3/2026$1,350,000 Listed Price

Map


See all

13403 W 7 Mile Road, Detroit, MI, 48235 is a Commercial Property for sale at $1,350,000 with 6,200 sqft and a lot size of 0.54. 13403 W 7 Mile Road was built in 1950. The property's zip code is 48235 which is in Detroit, MI