

Listed by Elwood.Biz
$99,000
18240 W 7 Mile Road w seven mile
Details
APN 22017061
Property Type Mixed Use, Office
Sub Type Executive Office, Storefront
Square Footage 1,659
NOI $10,000
Year Built 1957
Acreage 0.060
Mixed Use | 1,659 SqFt
Marketing description
Prime 7 Mile Rd Commercial Opportunity – Over 1,600 Sq. Ft. of Retail Space!
Discover endless potential with this spacious 1,600+ sq. ft. commercial building located on highly visible 7 Mile Rd, just west of Southfield Freeway. This centrally located property offers easy access to major roads and high traffic exposure — perfect for any growing business or investor.
Currently occupied by a nail salon tenant paying $1,000/month with one year remaining on the lease. The tenant is flexible and willing to stay or vacate, making this an ideal opportunity whether you’re seeking instant rental income or space for your own venture.
Bring your ideas and imagination — this property is ready to be transformed into your dream business headquarters, retail center, or income-producing investment.
Highlights:
Over 1,600 sq. ft. of open, versatile space
Excellent 7 Mile Rd visibility and traffic flow
Easy access to Southfield Freeway and major routes
Negotiable tenant in place – immediate income or owner-use option
Don’t miss this rare chance to own a substantial commercial property in a prime Detroit corridor. Schedule your showing today and explore the possibilities!
Listing Contacts


Listed by Elwood.Biz
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$10,000.00
$833.33/mo
Valuation Metrics
0
DSCR
10.1%
Cap Rate
10.1%
ROI
Map
Zoning
B4 CommercialGeneral CommercialGeneral Business District
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View all 267 uses
View all 267 uses Last updated May 8, 2026 For deeper zoning details, reports are available at Zoneomics
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