7003 W Seven Mile Rd, Detroit, MI 48234 For Sale

Great opportunity to acquire a 0.09-acre B4-zoned commercial lot in Detroit’s Nortown neighborhood, located along the well-traveled E Seven Mile corridor. This 4,096 sq ft vacant parcel at 7003 E Seven Mile offers excellent visibility and flexible commercial-use potential, making it ideal for retail, service businesses, or future redevelopment. The site benefits from ongoing neighborhood investment and corridor revitalization. A strong option for business owners, local investors, or neighboring property owners seeking expansion along this active commercial stretch.

Sale is contingent upon execution of a DLBA Development Agreement. The Detroit Land Bank Authority is entitled to a tax recapture for the five (5) tax years following transfer of ownership. This provision may be incompatible with certain tax abatements, lot combinations, or assemblages. Waiver requests may be considered on a case-by-case basis and may require a payment in lieu of taxes, determined after DLBA review of the development pro forma and financing.