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7111 E 7 MILE East Road

Detroit, MI 48234
Square Ft.
1,500
$180,000
Fully functioning barbershop & salon ready for new owner! This is a great opportunity to continue this thriving business and the potential to develop the block. This sale included the barbershop plus 5 consecutive lots! The barbershop has a great layout which included an office, a lobby, waiting room, shampoo… Read MoreRead Less
Provided through IDX through Realcomp II Ltd. Courtesy of Hester Financial Group, [email protected], (313) 917-9076.
Listing Snapshot
Days Online
528
Last Updated
Property Type
Commercial
Square Ft.
1,500
Lot Size
0.06 Acres
Year Built
1956
MLS Number
20240014361
30 Days Snapshot Of 48234
$56k
-8%
(avg) sold price
23
+35%
homes sold
78
0%
(avg) days on market
Snapshot
Area Map
Additional Details
Property Access
Paved, Pub. Sidewalk
Building
Built in 1956, 1,500 total square feet, 1,600 main square feet, 100 office square feet, Unit count: 0, Block
Foundation
Slab
Water Features
Natural Gas, Public (Municipal)
Heating
Natural Gas, Forced Air
Lot
Lot size area: 0.06, Lot size dimensions: 20x121
Miscellaneous
Gross scheduled income: $72,000, Monthly sales: $6,000, Net operating income: $57,600, Operating expense: $14,400, Service, Real Estate Only
Property
Property type: Commercial, Commercial
Taxes
Tax amount (summer): $1,365, Tax amount (winter): $107
Utilities
Employee Lunch/Lounge
Sewer
Public Sewer (Sewer-Sanitary), Sewer at Street
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Monthly Payment
$0
Garrett Blair
Broker
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Schools In The Area

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Marion Law Academy 313-866-3400 Public KG-8
Osborn High School 313-866-0343 Public 9-12
Marion Law Academy 313-866-3400 Public KG-8
Marion Law Academy 313-866-3400 Public KG-8
Marion Law Academy 313-866-3400 Public KG-8
Osborn High School 313-866-0343 Public 9-12

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IDX provided courtesy of Realcomp II Ltd., via Douglas Rose Realty and Garrett Blair, Listing Information © Realcomp II Ltd. Shareholders. All Rights Reserved.

IDX provided courtesy of Realcomp II Ltd., via Douglas Rose Realty and Garrett Blair, Listing Information © Realcomp II Ltd. Shareholders. All Rights Reserved.

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