7387 Wheeler Street Detroit, MI $ 150,000
7387 Wheeler Street
$ 150,000
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7387 Wheeler Street

Detroit, MI, 48210
$ 150,000
Bedrooms-- Baths-- Sq 1,200

Monthly Estimate*

$ 924

7387 Wheeler Street, Detroit, MI 48210 - Image 1

Commercial Property for sale in Detroit, MI

for $150,000. This 1,200 square foot building was built in 1921 on a lot size of 0.06.

Prime mixed-use opportunity located at 7387 Wheeler St in Detroit’s growing Southwest/Claytown corridor! This versatile property features a street-level retail/commercial space with excellent visibility and foot traffic potential, paired with a separate upper residential unit perfect for owner-occupants or investors seeking dual income streams. Positioned in a strong rental and value-add market, this area continues to see steady demand with nearby home values and sales activity supporting long-term growth and redevelopment potential. Located just minutes from major corridors, local schools, and neighborhood amenities, this property benefits from proximity to established residential communities and ongoing revitalization throughout Southwest Detroit. Whether you're looking to start a business, expand your portfolio, or live above your storefront, this is a unique opportunity with flexible use and income potential. Bring your vision to life!

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Commercial Active

Price

$ 150,000

Property Type

Commercial

Taxes

$ 3,491

Style

RealEstateOnly

Lot Size

0.06

Year Built

1921

Town/City

Detroit

County/Region

Wayne

MLS | Web ID

20261022737

Features
General
Sewer PublicSewer
Possession AtClose
Garage Spaces 0.0
Construction Materials AluminumSiding WoodSiding
Year Built 1921
Levels Two
Property Subtype RealEstateOnly
Current Use MixedUse Vacant
Business Type Mixed Retail
County Wayne
Net Operating Income 0.0
Operating Expense 0.0
New Construction N
Property Type CommercialSale
HOA N
Attached Garage N
Subdivision Name WILLIAM L HOLMES & FRANK A VERNORS SUB
Garage Y/N N
Status Active
Directions S of Warren / E of Lonyo
City DetroitCity_Wayne
Senior Community Y/N N
High School District Detroit
Zoning Description Commercial MultiFamily
MLS Area Area05101DetSouthOfGrandRiver
Lot Size Units Acres
Carport Y/N N
Land Lease Y/N N
Tax Annual Amount 3491.0
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 Vacant
Tax Assessed Value 18511
Expected Active Date 2026-04-10
Legal Description S WHEELER 317 WM L HOLMES & FRANK A VERNORS SUB L16 P73 PLATS W C R 18/366 30 IRREG
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Exterior
Water Source Public WateratStreet
Foundation Details Basement Block
Spa N
Building Area Total 2185.0
Lot Dimensions 30X86.16
Lot Size Acres 0.06
Waterfront Y/N N
Road Frontage Type 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 N
Fireplace Y/N N
Above Grade Finished Area 1200.0
Above Grade Finished Area Unit Type SquareFeet
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Internal Only
Street Number 1 7387
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* Excluded Features
List By
Jennifer Aparicio-Zavalza

Listing Agent

Exp Realty Main

Broker

(313) 350-3731

Phone

Affordability Calculator

$1,214
Per Month
76%
24%
0%
Monthly Principal & Interest
$924
Monthly Property Taxes
$291
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.
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Nearby
848539 Elementary School
848135 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/7/2026$150,000 Listed Price

Map


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7387 Wheeler Street, Detroit, MI, 48210 is a Commercial Property for sale at $150,000 with 1,200 sqft and a lot size of 0.06. 7387 Wheeler Street was built in 1921. The property's zip code is 48210 which is in Detroit, MI