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29620120
29620119

14120 Seven Mile E, Detroit, MI 48205 For Sale

KH
MI 6501402939
Encore Real Estate Investment Services
Listed by Encore Real Estate Investment Services
$280,000
164 days on market
Updated 58 days ago

DLBA | Franklin Commercial Structure - 14120 E Seven Mile

Details
APN 21020752-5
Property Type Retail
Sub Type Auto Shop, Grocery Store (+1)
Acreage 0.270
Zoning B3

Retail

Marketing description

Strategically located along the busy E Seven Mile commercial corridor, this commercially zoned (B3) property presents an excellent opportunity for investors, developers, or owner-operators seeking visibility in a high-traffic Detroit business district. The site includes an existing commercial structure situated on approximately 0.27 acres, offering immediate use potential or redevelopment flexibility.

The surrounding Franklin area features a strong mix of neighborhood retail, service businesses, restaurants, and residential density that supports consistent consumer traffic. Its positioning on a major east-side arterial provides convenient access to nearby commercial hubs, residential neighborhoods, and key Detroit thoroughfares.

The B3 zoning designation allows for a broad range of general commercial uses, making the property suitable for retail, office, service-based businesses, or future redevelopment aligned with corridor growth initiatives. Buyers should note that local development stakeholders may wish to review proposed plans as part of the sale process.

This property represents a solid opportunity to establish or expand a commercial footprint in an actively utilized Detroit business corridor. 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.

Listing Contacts

KH
MI 6501402939
Encore Real Estate Investment Services
Listed by Encore Real Estate Investment Services

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