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Jim Blehm

Team Owner, Realtor® | The Blehm Group | Keller Williams

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18216 W 7 Mile Rd , Detroit, MI 48219
$79,900
Est. Payment: $177.56/mo
0 Bed
0 Bath
1380 Sqft
Status: Active | Days on site: 134
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359309 - 320953
By proceeding and clicking the sign up button, you consent to receive calls and texts (SMS/MMS) including marketing and promotional communications, from , its affiliates, and agents or vendors acting on their behalf. These communications may be delivered using an automatic telephone dialing system or by using an artificial or prerecorded voice. Message and data rates may apply. To opt out of text messages, reply STOP. Your consent is not required as a condition of any purchase. By continuing, you also agree to our Terms of Use and Privacy Policy.
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House Description

Operating Restaurant Opportunity on High-Traffic Corridor – 18216 W 7 Mile Rd, Detroit, MISeize owning a fully operational restaurant in one of Detroit’s high-visibility commercial corridors. This exceptional property at 18216 W 7 Mile Rd offers a rare combination of location, functionality, and immediate income potential. Strategically located just minutes from major thoroughfares and surrounded by residential neighborhoods, retail centers, and schools, this site offers outstanding exposure and a steady stream of local traffic. Ample parking and easy accessibility make it convenient for takeout customers. The current tenant has two years remaining on their lease, making this an excellent opportunity for an investor. Seller financing is available.
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Highlights

Listed by Marc P Johnson , 313-330-2333 Johnson Realty Group, LLC , 313-874-0400.

Property Type

Commercial Sale
Lot/Acreage
0.04

Year Built

1957

County

Wayne

 School District

Detroit

Listing ID

20250025062

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:0
  • ▪ Bathrooms:0
  • ▪ Full Bathrooms:

Exterior Features
Principal Interest
$178
Taxes
$313

Home Price

$79,900

Loan Details

30 yrs
%

Down Payment

20%
$15,980
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:
$177.56

Principal

Taxes

Principal Taxes HOA Total
Monthly $177.56 $312.50 $0.00 $490.06
Yearly $2,130.67 $3,750.00 $0.00 $5,880.67
Total $63,920.00 $112,500.00 $0.00 $176,420.00

Today's Rates

30 Year

0%

20 Year

0%

15 Year

0%

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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.