There are multiple listings for this address:
Excellent investment or owner-user opportunity offering multiple income streams with upside. The property is anchored by Bank of America, which recently renewed its lease for another 60 months, with approximately 65 months remaining plus renewal options, and has occupied the location for over 10 years. The on-site ATM generates approximately $36,000 annually.
The Pharmacy, a strong and thriving tenant in place for nearly 12 years, is secured under a 72-month lease plus options and produces approximately $60,000 in annual rent, with 6% escalations after the current term.
The property also features a fully built-out ~4,000 SF clinic space that is currently vacant, creating an ideal opportunity for an owner-user looking to operate a clinic or for an investor to lease the space. This suite represents approximately $72,000 per year in potential income, bringing total projected income to $168,000 annually, while current in-place income totals $96,000 annually.
The Pharmacy, a strong and thriving tenant in place for nearly 12 years, is secured under a 72-month lease plus options and produces approximately $60,000 in annual rent, with 6% escalations after the current term.
The property also features a fully built-out ~4,000 SF clinic space that is currently vacant, creating an ideal opportunity for an owner-user looking to operate a clinic or for an investor to lease the space. This suite represents approximately $72,000 per year in potential income, bringing total projected income to $168,000 annually, while current in-place income totals $96,000 annually.
Property Details
Price:
$3,500
MLS #:
20251005294
Status:
Active
Beds:
0
Baths:
0
Type:
Commercial Lease
Subtype:
Real Estate Only
Subdivision:
BLACKSTONE PARK
Neighborhood:
05083wayne
Listed Date:
Jun 4, 2025
Finished Sq Ft:
2,800
Total Sq Ft:
6,200
Year Built:
1950
See this Listing
Schools
School District:
Detroit
Interior
Exterior
Construction Materials
Block
Financial
Taxes
$7,903
Map
Community
- Address13403 W 7 Mile Road Detroit MI
- SubdivisionBLACKSTONE PARK
- CityDetroit
- CountyWayne
- Zip Code48235
Market Summary
Current real estate data for Commercial Lease in Detroit as of Feb 04, 2026
123
Commercial Lease Listed
160
Avg DOM
2
Avg $ / SqFt
$4,793
Avg List Price
Property Summary
- Located in the BLACKSTONE PARK subdivision, 13403 W 7 Mile Road Detroit MI is a Commercial Lease for sale in Detroit, MI, 48235. It is listed for $3,500 To schedule a showing of MLS#20251005294 at 13403 W 7 Mile Road in Detroit, MI, contact your LoChirco Realty, LLC agent at 586-321-9997.
Similar Listings Nearby
13403 W 7 Mile Road
Detroit, MI
Excellent investment or owner-user opportunity offering multiple income streams with upside. The property is anchored by Bank of America, which recently renewed its lease for another 60 months, with approximately 65 months remaining plus renewal options, and has occupied the location for over 10 years. The on-site ATM generates approximately $36,000 annually.
The Pharmacy, a strong and thriving tenant in place for nearly 12 years, is secured under a 72-month lease plus options and produces approximately $60,000 in annual rent, with 6% escalations after the current term.
The property also features a fully built-out ~4,000 SF clinic space that is currently vacant, creating an ideal opportunity for an owner-user looking to operate a clinic or for an investor to lease the space. This suite represents approximately $72,000 per year in potential income, bringing total projected income to $168,000 annually, while current in-place income totals $96,000 annually.
The Pharmacy, a strong and thriving tenant in place for nearly 12 years, is secured under a 72-month lease plus options and produces approximately $60,000 in annual rent, with 6% escalations after the current term.
The property also features a fully built-out ~4,000 SF clinic space that is currently vacant, creating an ideal opportunity for an owner-user looking to operate a clinic or for an investor to lease the space. This suite represents approximately $72,000 per year in potential income, bringing total projected income to $168,000 annually, while current in-place income totals $96,000 annually.
Property Details
Price:
$1,350,000
MLS #:
20261006481
Status:
Active
Beds:
0
Baths:
0
Type:
Commercial
Subtype:
Real Estate Only
Subdivision:
BLACKSTONE PARK
Neighborhood:
05083wayne
Listed Date:
Feb 3, 2026
Finished Sq Ft:
6,200
Total Sq Ft:
6,200
Year Built:
1950
See this Listing
Schools
School District:
Detroit
Interior
Exterior
Construction Materials
Block
Financial
Taxes
$7,903
Map
Community
- Address13403 W 7 Mile Road Detroit MI
- SubdivisionBLACKSTONE PARK
- CityDetroit
- CountyWayne
- Zip Code48235
Market Summary
Current real estate data for Commercial in Detroit as of Feb 04, 2026
123
Commercial Listed
160
Avg DOM
2
Avg $ / SqFt
$4,793
Avg List Price
Property Summary
- Located in the BLACKSTONE PARK subdivision, 13403 W 7 Mile Road Detroit MI is a Commercial for sale in Detroit, MI, 48235. It is listed for $1,350,000 To schedule a showing of MLS#20261006481 at 13403 W 7 Mile Road in Detroit, MI, contact your LoChirco Realty, LLC agent at 586-321-9997.
