5153 E 7 Mile Road, Detroit, MI 48234 2342

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List Price
$1,500,000
Status
ACTIVE
MLS#
61019986
Days on Market
56
Acres
0.09
Living Area
3,387
Municipality
Detroit
Region
Detroit
Township
Detroit
Subdivision
Seymour & Troesters Polonia Park Sub

Property Description

Prime retail investment opportunity located on highly traveled E. 7 Mile Road. This well-established business is offered at $1,500,000 and underwent a complete renovation earlier this year, making it truly turnkey. Situated in a stable, well-maintained neighborhood with a strong mix of residential and commercial development, the business enjoys excellent visibility, consistent customer traffic, and high weekly gross sales. There is substantial upside potential by expanding operations to include food service or additional product offerings (subject to applicable approvals). Whether you're an investor seeking a cash-flowing asset or an owner-operator looking for a profitable business with room to grow, this is an outstanding opportunity. Proof of funds is required prior to the release of financial information or additional business details.

Additional Information

Lot Dimensions
38 x 110
Heating
Forced Air
Water
Public

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Calculator source: Real Geeks

Listing Courtesy of Community Choice Realty Inc, Office Phone: 248-729-0011

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Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource. The information published and disseminated by MiRealSource is communicated verbatim, without change by MiRealSource, as filed with MiRealSource by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.Copyright 2014 MiRealSource. All rights reserved. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc.

Provided through IDX via MiRealSource, as the "Source MLS", courtesy of the Originating MLS shown on the property listing, as the Originating MLS. The information published and disseminated by the Originating MLS is communicated verbatim, without change by the Originating MLS, as filed with it by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Copyright 2014 MiRealSource. All rights reserved. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc.