For Sale

5000 Seven Mile East, Detroit, MI for sale

5000 Seven Mile East,
Detroit, MI 48234

Asset Snapshot

Full Service
Retail Subtype
0.61 Acres
Land Area

Offering Summary

Investment Overview

5000 E 7 Mile Road presents an opportunity to acquire an 18,480 SF former skilled nursing facility situated on a 0.61-acre site in Detroit, Michigan. Originally constructed in 1964, the property offers an existing building footprint that may accommodate continued healthcare operations, adaptive reuse, or redevelopment, subject to due diligence and applicable approvals. Zoned B4 (General Business), the site offers flexibility for a range of potential commercial uses, subject to zoning requirements. Investors and owner-users have the opportunity to reposition the asset, explore alternative occupancy strategies, or capitalize on the existing improvements to create long-term value. With its substantial building area and commercial zoning, this offering presents a compelling opportunity for buyers seeking a value-add acquisition in Detroit’s established commercial market.


Investment Highlights

  • 18,480 SF Commercial Building situated on a 0.61-acre site.
  • Value-Add Investment Opportunity with potential for repositioning, adaptive reuse, or redevelopment.
  • Existing Building Infrastructure provides an opportunity to evaluate continued use or alternative occupancy strategies.
  • Healthcare Use Potential with an existing skilled nursing facility layout.
  • Strategic Acquisition Opportunity for investors, healthcare operators, and owner-users seeking to unlock value through repositioning.
  • Established Commercial Corridor with access to surrounding residential neighborhoods and regional thoroughfares.
  • Multiple Investment Strategies offering flexibility to explore operational, redevelopment, or long-term hold opportunities.

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Listing Syndicated From

Buildout
Accepting Offers
$695,000
Asking Price

Investment Sales Broker

Kishon Harbert
Encore Real Estate Investment Services

Market Insights