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33647404
33647413

7111 E 7 MILE East RD, Detroit, MI 48234

VH
6501196645
Hester Financial Group
Listed by Hester Financial Group
$180,000
849 days on market
Updated 18 days ago

7111 E 7 MILE East RD

Details
APN W15I004985S
Property Type Retail
Square Footage 1,500
NOI $57,600
Year Built 1956
Acreage 0.060

Retail | 1,500 SqFt

Marketing description

Fully functioning barbershop & salon ready for new owner! This is a great opportunity to continue this thriving business and the potential to develop the block. This sale included the barbershop plus 5 consecutive lots! The barbershop has a great layout which included an office, a lobby, waiting room, shampoo bowel, kitchen, (mechanical room with forced air furnace and circuit breakers) and bathroom. There are 5 plus barber station and excellent parking with outside lighting.
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Listing Contacts

VH
6501196645
Hester Financial Group
Listed by Hester Financial Group

Valuation Calculator

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$57,600.00
$4,800.00/mo

Valuation Metrics

0
DSCR
32%
Cap Rate
32%
ROI

Map

Zoning

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B4 CommercialGeneral CommercialGeneral Business District
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Last updated Jun 22, 2026 For deeper zoning details, reports are available at Zoneomics

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Property History

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