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Jenn Smart

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2854 E 7 Mile , Detroit, MI 48234
$239,900
Est. Payment: $1,250.15/mo
0 Bed
0 Bath
8000 Sqft
Status: active | Days on site: 82
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VCR-C15903466 - VCR-C159091383,VCR-C159052275
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House Description

Prime opportunity to own an impressive 8,000+ sq. ft. commercial building with excellent retail frontage in a high-traffic location. This versatile property offers exceptional visibility and endless possibilities for retail, showroom, medical, office, service, or mixed-use businesses. The spacious layout provides ample room for expansion, multiple tenants, or the addition of complementary businesses such as a laundromat or other service-oriented operations. The property is currently home to a well-established, profitable dry-cleaning business with a loyal customer base, providing immediate income while allowing the new owner to capitalize on the building's outstanding commercial potential. Whether you're an owner-occupant, investor, or developer, this property offers flexibility, strong exposure, and long-term value. Owner financing and an affordable land contract are available, making this an exceptional investment opportunity with significant upside potential.

Highlights

Listed by Ahmed Arafa , 586-215-1208 Century 21 Professionals , 586-731-8180. MiRealSource, Inc. mls logo

Property Type

Commercial Sale

Lot/Acreage
0.24

Year Built

1954

County

Wayne

Area

Detroit (82001)

Neighborhood

Leland Highlands

Listing ID

50207978

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:0
  • Full Bathrooms:
Above Ground Sq Ft:8000
Water:Public Water

Exterior Features

Lot Dimensions:103x100
Sewer:Public Sanitary
Principal Interest
$1,250
Taxes
$153

Home Price

$239,900

Loan Details

30 yrs
6.792%

Down Payment

20%
$47,980
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:
$1,250.15

Principal

Taxes

Principal Taxes HOA Total
Monthly $1,250.15 $152.94 $0.00 $1,403.09
Yearly $15,001.83 $1,835.24 $0.00 $16,837.06
Total $450,054.82 $55,057.05 $0.00 $505,111.87
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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: 2026-09-02T04:57:55.100Z

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