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11502-11538 E 7 Mile Rd 2,900 SF 100% Leased Retail Building Detroit, MI 48234 $344,815 CAD ($118.90 CAD/SF)



Executive Summary
**Prime commercial opportunity at a high-visibility corner location along E Seven Mile Road in Detroit.** This versatile property offers excellent exposure and accessibility at a busy intersection, making it an ideal location for a variety of retail, service, or commercial uses. Currently operating as a pharmacy and retail store, the property has an established presence in the surrounding community and benefits from its prominent corner setting. Originally built for use as a gas station, the building offers a flexible layout with potential for a wide range of future business concepts. The property was renovated in 2020, including two newer AC units and steel wall upgrades, while the metal roof was installed in 2015 for added durability. A Certificate of Compliance is already in place, providing additional peace of mind for the next owner. With strong street visibility, a spacious corner lot, established commercial infrastructure, and significant potential for redevelopment or continued retail use, this property presents an excellent opportunity for an owner-user or investor looking for a prominent Detroit commercial location.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
2,900 SF
Building Class
C
Year Built
1978
Price
$344,815 CAD
Price Per SF
$118.90 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.16
Lot Size
0.41 AC
Zoning
B4
Parking
19 Spaces (6.55 Spaces per 1,000 SF Leased)
Frontage
Fairly walkable
50/100
Exceptionally drivable
90/100
Some public transit
40/100
Fairly bikeable
50/100
Property Taxes
| Parcel Numbers | Improvements Assessment | $0 CAD | |
| Land Assessment | $0 CAD | Total Assessment | $63,032 CAD |
Property Taxes
Parcel Numbers
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$63,032 CAD
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11502-11538 E 7 Mile Rd
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