729 E 7 Mile Rd - Storefront FOR SALE


Detroit, MI 48203- Nolan
$45,000 USD
313-324-8600
729 E 7 Mile Rd, Detroit, MI for Sale
$45,000 USD
Storefront - FOR SALE
1/13
null | Request Cap Rate

729 E 7 Mile Rd
Detroit, MI 48203
Nolan


HIGHLIGHTS

  • Overhead Door.
  • 31' Road Frontage.
  • Concrete Block Construction.
  • Concrete Floors.

OVERVIEW

729 E Seven Mile Road in Highland Park, Michigan is a 3,800 square foot building built in 1967.  It is zoned B4, allowing many different uses.  This two story, concrete block building with concrete floors has a rear overhead door, and two front entries allowing for potential dual tenant occupancy. Situated one block west of I-75, it is surround by other active businesses and is primed for redevelopment or owner occupancy. This property has a Pro-Forma Cap Rate of 4.8%. With a well maintained exterior and full wall mural celebrating the City, 729 E Seven Mile is an anchor property between I-75 and John R.

FOR SALE DETAILS

PRICE

$45,000 USD

PRICE/SF

$12 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

ADD'L SUBTYPES

Freestanding, Storefront Retail/Office, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1967

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.05 AC

LAND SF

2,178 SF

ZONING

B4

APN/PARCEL ID

09-007623

ASK ABOUT THIS PROPERTY

Jill OwenMax Broock RealtorsMore Info
313-324-8600

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Jill OwenMax Broock RealtorsMore Info
313-324-8600

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.