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Jenn Smart

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16331 W W 7 Mile , Detroit, MI 48235
$499,000
Est. Payment: $2,600.36/mo
0 Bed
0 Bath
3842 Sqft
Status: active | Days on site: 1
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VCR-C15903466 - VCR-C159091383,VCR-C159052275
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House Description

MOTIVATED SELLER**Grossing over $5,500 a month with one unit left to lease. Prime investment opportunity! This commercial plaza features 4 units, with Three already leased, providing immediate cash flow. Financials will be disclosed upon Proof of funds. Ideal for new or seasoned investors looking to expand their portfolio in commercial real estate. Plenty of potential to grow two units are also currently vacant extremely busy road with high traffic. Please do not approach the tenants. BATVAI

Highlights

Listed by Daniel Salmo , 586-480-5555 Community Choice Realty Inc , 248-729-0011. MiRealSource, Inc. mls logo

Property Type

Commercial Sale

Lot/Acreage
0.31

Year Built

19

County

Wayne

Area

Detroit (82001)

Neighborhood

College Drive

Listing ID

61024714

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:0
  • Full Bathrooms:
Above Ground Sq Ft:3842
Water:Public Water

Exterior Features

Lot Dimensions:149X91.71
Zoning:Commercial
Principal Interest
$2,600
Taxes
$367

Home Price

$499,000

Loan Details

30 yrs
6.792%

Down Payment

20%
$99,800
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$2,600.36

Principal

Taxes

Principal Taxes HOA Total
Monthly $2,600.36 $366.50 $0.00 $2,966.86
Yearly $31,204.30 $4,398.00 $0.00 $35,602.30
Total $936,129.03 $131,940.00 $0.00 $1,068,069.03
Lender profile image
So-Crates Johnson
Dust, Wind, Dude
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Market insight data is pulled from the same city as the listing being viewed (Detroit, MI).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

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Copyright 2026 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. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.

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Data last updated: 2026-09-02T01:10:54.300Z

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