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17227 W 7 Mile Rd 11,922 SF Retail Building Detroit, MI 48235 $399,000 ($33.47/SF)


Investment Highlights
- Freestanding retail building positioned along Seven Mile Road.
- Large on-site parking lot accommodates customer access.
- B4 zoning allows a range of commercial uses.
- Free-span layout supports flexible interior configurations.
- Located near the Southfield Freeway interchange.
- Surrounding area benefits from substantial population density.
Executive Summary
17227 W. Seven Mile Road presents an opportunity to acquire a freestanding retail property in northwest Detroit along the Seven Mile Road corridor near the Southfield Freeway interchange. The property consists of an 11,818-square-foot building situated within an established commercial area that benefits from regional connectivity and access to surrounding residential neighborhoods. The location provides convenient access to major transportation routes, including M-39 (Southfield Freeway), supporting visibility and accessibility for a variety of retail, service, showroom, or owner-user applications.
The building features a spacious free-span layout that offers flexibility for a range of business operations and interior configurations. A large parking field supports customer and employee parking needs, while the B4 zoning designation may accommodate a variety of commercial uses subject to local regulations. The property's layout and site configuration provide operational flexibility for future occupancy or redevelopment considerations.
The surrounding trade area includes a substantial residential population base, with approximately 20,447 residents within one mile, 162,809 residents within three miles, and 379,880 residents within five miles. The area is further supported by significant traffic volumes along both Seven Mile Road and the Southfield Freeway, contributing to exposure and accessibility. These characteristics position the asset as a potential opportunity for owner-users, investors, or businesses seeking a presence within a well-traveled Detroit commercial corridor.
The building features a spacious free-span layout that offers flexibility for a range of business operations and interior configurations. A large parking field supports customer and employee parking needs, while the B4 zoning designation may accommodate a variety of commercial uses subject to local regulations. The property's layout and site configuration provide operational flexibility for future occupancy or redevelopment considerations.
The surrounding trade area includes a substantial residential population base, with approximately 20,447 residents within one mile, 162,809 residents within three miles, and 379,880 residents within five miles. The area is further supported by significant traffic volumes along both Seven Mile Road and the Southfield Freeway, contributing to exposure and accessibility. These characteristics position the asset as a potential opportunity for owner-users, investors, or businesses seeking a presence within a well-traveled Detroit commercial corridor.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
11,922 SF
Building Class
C
Year Built
1954
Price
$399,000
Price Per SF
$33.47
Tenancy
Single
Building Height
1 Story
Building FAR
0.49
Lot Size
0.56 AC
Zoning
B4
Parking
34 Spaces
Moderately walkable
70/100
Very drivable
80/100
Limited public transit
30/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 22-01627-283 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $231,300 |
Property Taxes
Parcel Number
22-01627-283
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$231,300
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