10400 W 7 Mile Road Detroit, MI ^$ 279,000

10400 W 7 Mile Road

^$ 279,000

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Recently Listed

10400 W 7 Mile Road

Detroit, MI, 48221

^$ 279,000

Bedrooms-- Baths-- Sq 3,872

Monthly Estimate*

^$ 1,762

10400 W 7 Mile Road, Detroit, MI 48221 - Image 1

10400 W 7 Mile Road, Detroit, MI 48221 - Image 2

10400 W 7 Mile Road, Detroit, MI 48221 - Image 3

10400 W 7 Mile Road, Detroit, MI 48221 - Image 4

10400 W 7 Mile Road, Detroit, MI 48221 - Image 5

10400 W 7 Mile Road, Detroit, MI 48221 - Image 6

Commercial Property for sale in Detroit, MI

for $279,000. This 3,872 square foot building was built on a lot size of 0.18.

Rare opportunity to acquire Wise Automotive, a long-standing and well-established automotive business. In operation for over 70 years this established business offers a proven operating history, strong financial performance, an existing customer base, and excellent potential for continued growth. Outstanding opportunity for an owner-operator, investor, or automotive group looking to acquire an established business with decades of market presence. Financial and operating information available to qualified buyers upon request and execution of applicable confidentiality documentation. Lease includes vacant lot across the street. DO NOT APPROACH OR CONTACT THE BUSINESS, OWNERSHIP, EMPLOYEES, OR CUSTOMERS. All inquiries, showings, and requests for information must be made exclusively through the listing broker.

Commercial Active

Price

^$ 279,000

Property Type

Commercial

Taxes

^$ 5,802

Style

Commercial/Industrial

Lot Size

0.18

Town/City

Detroit

County/Region

Wayne

MLS | Web ID

61019638

Features

General

Heating Forced Air

Possession Negotiable (Possession)

Water Public Water Public Water at Street

Status Active Active

Year Built 19

Subdivision Burghardt Sub 1 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

Directions ON 7 MILE E OF WYOMING

City Detroit

Financial Terms Cash

Legal Description N SEVEN MILE RD 309 THRU 307 BURGHARDT SUB NO 1 L49 P27 PLATS W C R 16/403 78.36 IRREG

DOM 1

Postal Code 48221

Price Per Sq Ft Total AG 72.06

Public Remarks Rare opportunity to acquire Wise Automotive a long-standing and well-established automotive business. In operation for over 70 years this established business offers a proven operating history

Exterior

Exterior Brick

Frontage 78

Lot Size Area 0.18

Lot Dimensions 78X101

Roads Paved Street

Waterfront Y/N No

Interior

Fuel Type Natural Gas

* Excluded Features

List By

Ali Fayz

Listing Agent

Real Estate One-Dbn Hts

Broker

alifayz95@gmail.com

Affordability Calculator

$2,245

Per Month

Monthly Principal & Interest: $1,762
Monthly Property Taxes: $484
Monthly Home Insurance: --

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Interest Rate

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Yearly 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

Trends
Schools

Commerical listings in Detroit, MI

Average List Price ^$465,514

Percent of Sale Price 67%

About Detroit, MI

633,657 Population

-33% Since 2002

^$26,977 Median Income

36.23 Median Age

26% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

760529 Elementary School

760235 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
8/10/2026	$279,000		Listed Price

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10400 W 7 Mile Road, Detroit, MI, 48221 is a Commercial Property for sale at $279,000 with 3,872 sqft and a lot size of 0.18. The property's zip code is 48221 which is in Detroit, MI

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: 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.

Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.

The information published and disseminated by MiRealSource is communicated verbatim, without change by MiRealSource, as filed with MiRealSource by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.

The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc.

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10400 W 7 Mile Road

Commercial Property for sale in Detroit, MI

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