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For Sale

12700-12710 W 7 Mile Rd

Detroit, Michigan 48235

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For Sale

12700-12710 W 7 Mile Rd

Detroit, Michigan 48235

- Property Information

eCODE 173
County: Wayne
Property Type: Retail
Total Building SF: ± 3,360 SF
Occupancy Rate: 100%
Sale Price: $249,000
Sale Price Per SF: $74.11

- Property Details

Year Built: 1960
# Acres: .12
Zoning: B2 ( Local Business & Residential)
Parking Type: Surface

- Additional Information

  • 100% leased income-generating commercial property for sale
  • 2 parcels: Motor City Soul Food & adjacent parking lot
  • Tenant leases both building and parking lot for $2,450/month + real estate taxes
  • Current lease term expires August 31, 2018
  • W Seven Mile Road VPD: 19,908 cars/day
  • Zoned B2 (Local business & residential district)
  • (2) APN #s: 22017473 & 22017474.001
  • 2016 total real estate taxes: $3,806.49
  • Sale asking price: $249,000

- For more information, contact:

Ryan Cohn

248.324.2000 Request a call