For Sale
16124 W 7 Mile Road, Detroit, MI 48235
$80,000
MLS # 20261049802 (Realcomp)
Built 19590.04 acres
1 / 15
Listing Description
Transform your dreams of entrepreneurship in this ready to go space located on Seven mile just East of Southfield Fwy. This space is currently set up as a barber shop and is being sold with all of the equipment. Virtual renderings have been provided to demonstrate the versatility of this incredible space. Whether your dream is hair, nails, coffee, or events, this space is ready and waiting for you to make it your own! Ownership is only in the described space, not the entire strip of buildings. The current owners have taken care of all the major items and this building even has a gated outdoor area for parking or as an extension of the indoor space. Dream big and let them come true, your time to shine is now. Roof, HVAC, and interior renovations completed in 2023. Showings by appointment only
Source: SparkMLS
About this home
Asking $80,000.
Property tax estimate: $1,529 per year ($127/month). Estimate is based on county assessor records and current millage rates; actual tax may vary with PRE status and recent assessment changes.
Electric service is provided by DTE Electric Company; natural gas by DTE Gas Company.
Listing Property Details
Property TypeCommercial Sale
Bathrooms0
Lot Size0.04 acres
Year Built1959
Location
CityDetroit
Zip Code48235
CountyWayne
School DistrictDetroit
Construction & Systems
HeatingForced Air
WaterPublic
Sale & Financing
Listed7/4/2026
Source: SparkMLS
Tax Information
Annual Tax$1,367
Tax Year2025
State Equalized Value$18,600
Assessed Value$18,600
Parcel #22017195.
Source: Public Records
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Not Eligible
Verify eligibility at USDAListed by Justin Bercheny
Max Broock, REALTORS-Royal Oak
Frequently Asked Questions about 16124 W 7 Mile Road, Detroit, MI 48235
Which school district serves 16124 W 7 Mile Road, Detroit, MI 48235?
Per MLS# 20261049802, 16124 W 7 Mile Road, Detroit, MI 48235 is in the Detroit boundaries. School district assignments are determined by property location and may differ from the mailing city. Contact Detroit directly to confirm enrollment eligibility.
What are the property taxes at 16124 W 7 Mile Road, Detroit, MI 48235?
Per public tax records, annual property taxes for this property are $2,289. Michigan property taxes are based on a property's taxable value multiplied by the local millage rate. Primary residences qualify for a homestead exemption that lowers the rate.
Can I use a USDA Rural Development loan for this property?
Per USDA Rural Development boundary data, 16124 W 7 Mile Road, Detroit, MI 48235 is not in an eligible area. USDA eligibility is based on property location — properties within designated urban zones are excluded. Other low-down-payment options (FHA, VA) may still be available.
Is 16124 W 7 Mile Road, Detroit, MI 48235 in a flood zone?
Per FEMA flood maps, this property is designated as Zone X, a minimal-risk flood area. Flood insurance is not typically required in this zone but may still be advisable. FEMA flood maps are updated periodically — verify the current designation at msc.fema.gov.
What utilities serve 16124 W 7 Mile Road, Detroit, MI 48235?
Per Michigan Public Service Commission service territory data: Electric: DTE Electric Company. Gas: DTE Gas Company. Water: Public. Confirm service details directly with providers.
What is the crime rate in this area?
For crime and public safety data, we recommend inquiring directly with the source. Wayne County is served by CLEMIS (Courts and Law Enforcement Management Information System), which provides public safety data for Southeast Michigan law enforcement agencies.
Map
Tax Estimate
$
Annual tax$1,529
Monthly$127
Millage rate82.1844 mills
Municipality: Detroit
School district: DETROIT CITY SCHOOL DISTRICT
County: Wayne
Estimate based on SEV for a new buyer (taxable value resets to SEV on transfer). Actual taxes may vary. MI Treasury PT Estimator
Mortgage Calculator
$
%
$
$
$
Monthly payment$646
Principal & interest$519
Property taxes$127
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
Utilities
DTE Electric Company
Investor-Owned
DTE Gas Company
Investor-Owned
MI Public Service Commission service territory boundaries.
Property
16124 W 7 Mile Road, Detroit, MI 48235
View full property history →
Neighborhood
Greenfield
View all listings →
Community
Detroit
Explore neighborhoods →
County
Wayne County
View county overview →
Get email alerts for new listings near 16124 W 7 Mile Road
We'll notify you when something hits the market in Greenfield or nearby.
Munro Real Estate · MI Broker #6502405404 · No spam, one-click unsubscribe.