For Sale
18216 W 7 MILE Road, Detroit, MI 48219
$79,900
MLS # 20250025062 (Realcomp)
Built 19570.04 acres
1 / 10
Listing 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.
Source: SparkMLS
About this home
Asking $79,900.
Estimated annual property tax: $3,624, or about $302 monthly. 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. Fiber internet is available at this address with download speeds up to 5,000 Mbps across 9 providers.
Listing Property Details
Property TypeCommercial Sale
Bathrooms0
Lot Size0.04 acres
Year Built1957
Location
CityDetroit
Zip Code48219
CountyWayne
School DistrictDetroit
Construction & Systems
ConstructionBrick
HeatingForced Air
Sale & Financing
Listed4/10/2025
Original Price$82,500
Source: SparkMLS
Tax Information
Annual Tax$4,410
Tax Year2025
State Equalized Value$44,100
Assessed Value$44,100
Parcel #22017066.
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 Marc P Johnson
Johnson Realty Group, LLC
Frequently Asked Questions about 18216 W 7 MILE Road, Detroit, MI 48219
Which school district serves 18216 W 7 MILE Road, Detroit, MI 48219?
Per MLS# 20250025062, 18216 W 7 MILE Road, Detroit, MI 48219 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 18216 W 7 MILE Road, Detroit, MI 48219?
Per public tax records, annual property taxes for this property are $3,750. 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, 18216 W 7 MILE Road, Detroit, MI 48219 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 18216 W 7 MILE Road, Detroit, MI 48219 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 internet service is available at this address?
Per FCC Broadband Data Collection filings, fiber internet is available at 18216 W 7 MILE Road, Detroit, MI 48219. The maximum advertised download speed is 5.0 Gbps. 9 internet providers serve this address. Confirm availability and speeds directly with providers.
What utilities serve 18216 W 7 MILE Road, Detroit, MI 48219?
Per Michigan Public Service Commission service territory data: Electric: DTE Electric Company. Gas: DTE Gas Company. 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.
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Tax Estimate
$
Annual tax$3,624
Monthly$302
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
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%
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Monthly payment$820
Principal & interest$518
Property taxes$302
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
Internet
FiberDownload
5 Gbps
Upload
5 Gbps
FiberCableLicensed Fixed WirelessGSO SatelliteSatelliteDSL
9 providers at this address
FCC Broadband Data Collection (Dec 2025). Max advertised speeds.
Utilities
DTE Electric Company
Investor-Owned
DTE Gas Company
Investor-Owned
MI Public Service Commission service territory boundaries.
Property
18216 W 7 MILE Road, Detroit, MI 48219
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Neighborhood
Evergreen
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Community
Detroit
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County
Wayne County
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