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10520 W 7 Mile Road Detroit, MI $ 369,900
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$ 369,900 Get more info
10520 W 7 Mile Road
$ 369,900
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10520 W 7 Mile Road

Detroit, MI, 48221
$ 369,900
Bedrooms-- Baths-- Sq 2,660

Monthly Estimate*

$ 2,336

10520 W 7 Mile Road, Detroit, MI 48221 - Image 1

Commercial Property for sale in Detroit, MI

for $369,900. This 2,660 square foot building was built in 1985 on a lot size of 0.24.

REAL ESTATE ONLY! INVESTORS LOOKING TO GENERATE IMMEDIATE INCOME AND GROW THEIR REAL ESTATE PORTFOLIO—HERE IS YOUR OPPORTUNITY! THIS PROPERTY IS CURRENTLY 100% LEASED AND OPERATING AS A MECHANIC SHOP, GENERATING $3,000 PER MONTH IN RENTAL INCOME. OFFERING STABLE IN-PLACE CASH FLOW WITH POTENTIAL FOR LONG-TERM INVESTMENT VALUE. BUYERS AND BUYERS’ AGENTS TO VERIFY ALL INFORMATION, INCLUDING LEASE TERMS, RENTAL INCOME, AND PROPERTY DETAILS. ALL DATA IS APPROXIMATE. PLEASE DO NOT APPROACH OR DISTURB THE OPERATING BUSINESS, OWNER, OR EMPLOYEES. CONTACT THE LISTING AGENT FOR ADDITIONAL INFORMATION AND SHOWING INSTRUCTIONS.

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Commercial Active

Price

$ 369,900

Property Type

Commercial

Taxes

$ 5,997

Style

RealEstateOnly

Lot Size

0.24

Year Built

1985

Town/City

Detroit

County/Region

Wayne

MLS | Web ID

20261079975
Features
General
Sewer PublicSewer
Possession RentalAgreement
Garage Spaces 0.0
Construction Materials Brick
Year Built 1985
Levels One
Property Subtype RealEstateOnly
Current Use Automotive Commercial
County Wayne
Net Operating Income 0.0
Operating Expense 0.0
New Construction N
Property Type CommercialSale
HOA N
Attached Garage N
Subdivision Name COLLEGE WOODS
Garage Y/N N
Status Active
Directions W 7 Mile Between Woodward Ave & John C Lodge
City DetroitCity_Wayne
Senior Community Y/N N
High School District Detroit
Zoning Description Commercial
MLS Area Area05041Det68GrfldDequindre
Lot Size Units Acres
Carport Y/N N
Land Lease Y/N N
Tax Annual Amount 5997.0
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 Tenant
Tax Assessed Value 36415
Expected Active Date 2026-10-02
Legal Description N SEVEN MI RD 31 THRU 28 COLLEGE WOODS SUB L50 P33 PLATS W C R 16/387 106.5 IRREG
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Exterior
Water Source Public
Foundation Details Slab
Spa N
Building Area Total 2660.0
Lot Dimensions 107x100
Lot Size Acres 0.24
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) N
Air Conditioning Y/N N
Heating Y/N N
Fireplace Y/N N
Above Grade Finished Area 2660.0
Above Grade Finished Area Unit Type SquareFeet
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Internal Only
Street Number 1 10520
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* Excluded Features
List By
Bilal A Hamie

Listing Agent

Re/Max Team 2000

Broker

(313) 632-0333

Phone

Affordability Calculator

$2,835
Per Month
82%
18%
0%
Monthly Principal & Interest
$2,336
Monthly Property Taxes
$500
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
848539 Elementary School
848135 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
10/2/2026$369,900 Listed Price

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10520 W 7 Mile Road, Detroit, MI, 48221 is a Commercial Property for sale at $369,900 with 2,660 sqft and a lot size of 0.24. 10520 W 7 Mile Road was built in 1985. The property's zip code is 48221 which is in Detroit, MI

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