1636 E 7 MILE Road $376,099

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    1636 E 7 MILE Road Detroit, MI 48238

    • 5,739 sq. ft.
    • 0.20 Acres
    • Commercial
    • MLS# 60260299
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    Views: 99 Days On Site: 409

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    Property Details

    Super investment opportunity! Site contains 5 store front's. The corner store front restaurant has full service equipment ready for service. The four remaining store fronts support a wide array of business opportunities.

    • General Features
      • Acreage 0.2
      • Area Municipality Detroit (82001)
      • County Wayne
      • Originating MLS RealComp
      • Ownership Private
      • Subdivision CADILLAC HEIGHTS SUB OF N E 1/4 SEC 12 (PLATS)
      • Total SqFt Finished 5739
      • Waterfront Y/N No
      • Year Built 19
      • ZONING Commercial
    • Building Features
      • Exterior Construction Brick
      • Heating System Forced Air
    • Property Features
      • Water Public Water, Public Water at Street
      • Lot Size 88 x 100
      • Roads Paved Street
      • Sewer Septic Public Sanitary, Public At Street

    Neighborhood

    48238 (Detroit) Demographics

    38 Median Age
    4,681 Population Density (per sq. mile)
    18% College Educated
    $27,733 Estimated Median Income
    4,889 Estimated Total Home Owners
    5,479 Estimated Total Renters
    47% / 53% Estimated Owner / Renter Divide
    2 Estimated Average Household Size
    25,259 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $45,000 Median Sales Price
    21 Homes Sold
    30 New On Market

    Average Days on Site

      Properties for Sale

        Calculations provided by Reliance Network

        Property History

        Date Event Price Percent Change
        -- Current Price Source: Multiple Listing Service New Value: $376,099
        6/27/2024 5:36:53 PM Price Increased Source: Multiple Listing Service New Value: $376,099 0%
        10/3/2023 12:06:00 AM New in Database Source: Multiple Listing Service New Value: $376,097

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        ** Assumes 6.5% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information.
        Information is provided in part by the IDX program of the Great Lakes Repository. All information provided is deemed reliable but is not guaranteed and should be independently verified.

        Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.