6,000 Sq Ft Main Road Frontage

Retail-Commercial for Sale
Catylist Listing ID: 30442821
Property Subtypes: Free-Standing Building, Restaurant, Street Retail
Building Size (RSF): 6,000 SF
Gross Building Area: See Agent
Sale Price: $328,000
Unit Price: $54.67 PSF
Property Use Type: Investment, Vacant/Owner-User, Business
Sale Terms: Cash to Seller, Owner Financing
Cap Rate: Undisclosed
Last Updated: 7/13/2019

Overview / Comments

Property is currently divided into 3 separate units with 3 mailing addresses 25513, 25525 & 25531 W 7 Mile Road and are 2,000 sq ft each. Could be one large 6,000 sq ft storefront, kept as is or divided any way you like. Use a portion for your own business and rent out the other(s). Parking in front and rear (8 in front and 8 in back), front and rear entrance to all 3 units, 3 bathrooms. 25513 has a newer roof but the others need repair. Seller may be willing to give credit towards a new roof. (Estimate done). Previous businesses include a hobby shop, a printing shop, resale store & fitness studio. Good opportunity. Call for showing today.

Attachments & Media


Finance Data Year 2019
Real Estate Taxes - Annual($) $6,050 (Annual)

Additional Details

Nearest MSA: Detroit-Warren-Dearborn
County: Wayne
Submarket/Township: Southern I-275 Corridor
Tax ID/APN: 79011030192000
Retail Clientele: General, Family, Business, Traveler, Recreation
Property Located Between: South side of street between Beech Daly and Telegraph
Property Visibility: Excellent
Largest Nearby Street: W 7 Mile / Beech Daly
Feet of Frontage: 81
Tenancy: Multiple Tenants
Total Number of Buildings: 1
Number of Stories: 1
Property Condition: Fair
Year Built: 1958
Roof Type: Other
Construction/Siding: Block
Total Parking Spaces: 11
Parking Type: Surface
Parking Description: 6 spots in front of building and 5 in the back
Heat Type: Natural Gas
Heat Source: Central
Lot Frontage: 81
Lot Depth: 93
Water Service: Municipal
Sewer Type: Municipal
Legal Description: 08C192 TO 08C195 LOTS 192 TO 195 INCL HITCHMANS EDEN PARK SUB T1S R10E L52 P34 WCR

View FullscreenMap

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 22,103 125,725 356,340
Median Age: 36.79 38.41 39.28
Households: 8,874 50,322 143,036


Photograph of Listing Agent

Alexander Pandoff

GAP Realty Group CPIX Member
© Copyright 2001-2019 Catylist. All Rights Reserved. The information presented herein is provided as is, without warranty of any kind. Neither Commercial Property Information Exchange (CPIX) nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.