5153 E 7 Mile Road Detroit, MI $ 1,500,000
5153 E 7 Mile Road
$ 1,500,000
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5153 E 7 Mile Road

Detroit, MI, 48234
$ 1,500,000
Bedrooms-- Baths-- Sq 3,387

Monthly Estimate*

$ 9,471

5153 E 7 Mile Road, Detroit, MI 48234 - Image 1
5153 E 7 Mile Road, Detroit, MI 48234 - Image 2
5153 E 7 Mile Road, Detroit, MI 48234 - Image 3
5153 E 7 Mile Road, Detroit, MI 48234 - Image 4
5153 E 7 Mile Road, Detroit, MI 48234 - Image 5
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Commercial Property for sale in Detroit, MI

for $1,500,000. This 3,387 square foot building was built on a lot size of 0.09.

Prime retail investment opportunity located on highly traveled E. 7 Mile Road. This well-established business is offered at $1,500,000 and underwent a complete renovation earlier this year, making it truly turnkey. Situated in a stable, well-maintained neighborhood with a strong mix of residential and commercial development, the business enjoys excellent visibility, consistent customer traffic, and high weekly gross sales. There is substantial upside potential by expanding operations to include food service or additional product offerings (subject to applicable approvals). Whether you're an investor seeking a cash-flowing asset or an owner-operator looking for a profitable business with room to grow, this is an outstanding opportunity. Proof of funds is required prior to the release of financial information or additional business details.

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Commercial Active

Price

$ 1,500,000

Property Type

Commercial

Taxes

$ 2,486

Style

Commercial/Industrial

Lot Size

0.09

Town/City

Detroit

County/Region

Wayne

MLS | Web ID

61019986

Features
General
Heating Forced Air
Possession At Close
Water Public Water
Status Active Active
Year Built 19
Subdivision Seymour & Troesters Polonia Park Sub MI
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
Virtual Tour https://www.propertypanorama.com/instaview/nocbor/20261063455
Directions 7 mile between Mound and Ryan
City Detroit
Financial Terms Cash Conventional
Legal Description N SEVEN MILE ROAD 16 15 SEYMOUR & TROESTERS POLONIA PARK L46 P28 PLATS W C R 13/289 38 X 110
DOM 0
Postal Code 48234
Price Per Sq Ft Total AG 442.87
Public Remarks Prime retail investment opportunity located on highly traveled E. 7 Mile Road. This well-established business is offered at $1 500 000 and underwent a complete renovation earlier this year
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Exterior
Exterior Brick
Frontage 20
Lot Size Area 0.09
Lot Dimensions 38X110
Roads Paved Street
Waterfront Y/N No
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Interior
Fuel Type Natural Gas
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* Excluded Features
List By
Jonathan Farida

Listing Agent

Community Choice Realty Inc

Broker

jonfarida@gmail.com

Email

Affordability Calculator

$9,678
Per Month
98%
2%
0%
Monthly Principal & Interest
$9,471
Monthly Property Taxes
$207
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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
760529 Elementary School
760235 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
8/11/2026$1,500,000 Listed Price

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5153 E 7 Mile Road, Detroit, MI, 48234 is a Commercial Property for sale at $1,500,000 with 3,387 sqft and a lot size of 0.09. The property's zip code is 48234 which is in Detroit, MI