- For Sale $500,000
- Property Type Multi-Family
- Property Size 8,671 SF
- Units 6
- Lot Size 0.28 Acre
- Additional Rent Contact for pricing
- Property Tenancy Multi-Tenant
- Year Built 1950
- Date Updated Dec 11, 2024
Reach out to the broker for more info on lease terms and amenities
Highlights
- Possibility for three retail units and four residential units. The perfect opportunities to combine commercial storefronts with residential units to meet the demand for housing and convenience.
- Community-Led Growth: Local organizations actively promote inclusive development and support small businesses.
- Local and Regional Appeal: The area attracts both nearby residents and visitors from across the city seeking specialty shops, eateries,
- and experiences.
- Streetscape Improvements: Recent multi million-dollar investments in streetscapes have transformed the area with wider sidewalks,
- better lighting, landscaping, and pedestrian-friendly design.
- Incentives for Development: City-backed initiatives, such as the Strategic Neighborhood Fund, provide resources for business development and infrastructure enhancements.
- Diverse and Engaged Community: The neighborhood boasts a mix of long-time residents and newer transplants, fostering a welcoming environment for local businesses.
- Growing Residential Base: The surrounding neighborhoods, including University District, Bagley, and Sherwood Forest, are home to middleand upper-middle-class families with disposable income.
- Proximity to Key Areas: Livernois and 7 Mile is situated near major residential neighborhoods, universities, and transportation routes making it easy for customers to visit.
- Retail and Dining: Room for more restaurants, cafés, and specialty retail shops to serve the growing community.
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Contacts
Location
Getting Around
-
Walk Score ®
82/100 Very Walkable -
Transit Score ®
48/100 Some Transit -
Bike Score ®
50/100 Bikeable
- City Detroit, MI
- Neighborhood Pembroke
- Zip Code 48221
- Market Detroit
Points of Interest
-
CDM Transport LLC
2.39 miles
-
Royal Oak
3.97 miles
-
Grand Boulevard
5.57 miles
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Baltimore Street
5.71 miles
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Detroit
5.76 miles
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Amsterdam Street
5.89 miles
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Ferry Street
6.28 miles
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Warren Avenue
6.54 miles
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Canfield Street
6.93 miles
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Mack Avenue
7.33 miles
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BP
0.17 miles
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Citgo
0.98 miles
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Marathon
1.01 miles
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Sunoco
1.03 miles
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Shell
1.03 miles
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Tesla Supercharger
1.64 miles
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Ferndale Public Library
2.04 miles
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Detroit Pistons Performance Center
5.84 miles
-
Wayne State University - Parking Structure #5
6.26 miles
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Wayne State University - Lot #50
6.46 miles
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Student / Vistor Parking Lot F
1.18 miles
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Faculty / Staff Parking Lot H
1.26 miles
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Student Parking Lot H
1.27 miles
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Faculty / Staff Parking Lot A
1.29 miles
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Student Parking Lot I
1.30 miles
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Faculty / Staff Parking Lot E
1.38 miles
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Vistor Parking Lot B
1.39 miles
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Faculty / Visitor Parking Lot C
1.40 miles
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Student / Vistor Parking Lot B
1.44 miles
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Student / Vistor Parking Lot D
1.46 miles
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Baymont Ferndale/Royal Oak
1.67 miles
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Fontaine Motel
1.97 miles
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Cranbrook Inn
3.01 miles
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Hilton Veterinary Clinic of Ferndale
3.11 miles
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Plaza Hotel
3.72 miles
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Hyatt Place
4.17 miles
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America's Best Inn Warren Detroit
4.70 miles
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Hamtramck Hotel & Hostel
4.76 miles
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Rest Inn
4.88 miles
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Mt. Elliott Motel
5.37 miles
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Kuzzo's Chicken & Waffles Southern Cafe
0.21 miles
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Bucharest Grill
0.37 miles
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Noni's Sherwood Grill
0.41 miles
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Trap Vegan
0.79 miles
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KFC
0.82 miles
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Plaza Deli
0.93 miles
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Captain Jay's Fish & Chicken
0.95 miles
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Baker's Keyboard Lounge
0.96 miles
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Little Caesars
0.97 miles
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Wendy's
0.97 miles
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Pasteur School
0.42 miles
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Palmer Park Preparatory Academy
0.44 miles
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University of Detroit High School
0.52 miles
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Mayflower Nursery Play Center
0.53 miles
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Bagley Elementary School
0.61 miles
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Morris Child Development Center
1.01 miles
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Gesu Catholic School
1.01 miles
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Bates Academy
1.04 miles
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MacDowell Preparatory Academy
1.11 miles
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Mumford High School
1.20 miles
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First Step Children & Family Center
1.08 miles
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Early Education Center
1.26 miles
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John Evans Montessori Academy
1.41 miles
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Nature's Playhouse
1.43 miles
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LACC Child Care Academy
1.48 miles
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Puritan Cooperative Nursery
1.51 miles
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Starting Point Montessori School
1.51 miles
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Sugar N' Spice Kinderworld
1.53 miles
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Kingdom Kare Learning Center
1.53 miles
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Green Garden Child Development Center
2.46 miles
Frequently Asked Questions
The space currently listed for sale at 7122-7142 W Seven Mile asks for $500,000.
7122-7142 W Seven Mile totals 8,671 square feet.
7122-7142 W Seven Mile was built in 1950.
Looking for more in-depth information on this property? Find property characteristics, ownership, tenant details, local market insights and more. Unlock data on CommercialEdge.
Encore Real Estate Investment Services