5153 E 7 Mile Road, Detroit, MI 48234

$1,500,000

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List Price
$1,500,000
Days on Market
31
MLS#
20261063455
Status
ACTIVE
Type
Commercial

Property Description

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.

Additional Information

Taxes
$2,486
Acres
0.09
Heating
Forced Air
School District
Detroit
Water
Public

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Calculator source: Real Geeks

Listing courtesy of Listing Agent: Jonathan Farida from Listing Office: Community Choice Realty Inc.

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