$750,000

19700 W 7 Mile Road, Detroit, MI 48219

  • 4,000 sqft
  • Property Icon other
  • Property Year Built Icon Built in 1956
  • Property Lot Size Icon7,405sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $188/sqft
  • Property List Date Icon Listed 6 days ago

Property Description

Excellent opportunity to acquire a fully occupied, four-unit commercial plaza in Detroit. Offering approximately 6,849 square feet, this established investment property generates 4800.00 per month in rental income, totaling 57,600.00 annually. The property consists of four commercial addresses: 19700, 19704, 19710, and 19714 W. Seven Mile Road. One established tenant occupies three of the four units, with all spaces currently leased under one-year agreements. The building underwent extensive updates in 2016, including new appliances and updated electrical and plumbing systems. A new roof was completed in 2018, adding to the property's appeal. Current rental rates offer an opportunity for increased revenue. Tenants are reportedly aware of potential rental adjustments and have expressed interest in remaining at the property. Longer-term lease agreements are recommended to provide additional income stability. An opportunity for investors seeking an established commercial asset with immediate rental income and potential for future growth.

Listing Status:
Active
Data Last Updated:
September 24, 2026 at 6:41AM
Listing Office:
Vanguard Realty Group : 2486506206
Listing Agent:
Zachary Brown : 2486223133
MLS ID:
20261075521
  • General: BrickConcreteSlab
  • Road/Access: Paved
  • Originating MLS: Realcomp II Ltd
  • School District: Detroit
  • County: Wayne
  • Zoning: N SEVEN MILE W 122 THRU 125EVERGREEN PARK SUB L57 P68 PLATSW C R 22/351 82 X 90W22I016940C3
  • Current Use: Retail
  • Water: Public
  • Sewer: Public sewer
  • Source: Realcomp II Ltd

This listing courtesy of Zachary Brown , Vanguard Realty Group

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

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