Park Plaza

For Sale

23503 Seven Mile West, Detroit, MI 48219

This Detroit property for sale is located at 23503 Seven Mile West. The current listed sale price for Park Plaza is $2,290,000. Park Plaza is situated on a lot that is 0.37 acre in size.

Contacts

broker
Ferris Hamama

Keystone Commercial Real Estate

Property Details

  • Property Type Multi-Family
  • Property Size 14,145 SF
  • Units 40
  • Lot Size 0.37 Acre
  • Property Tenancy Multi-Tenant
  • Year Built 1956
  • Date Updated Sep 15, 2025
Situated in Detroit's resilient and evolving landscape, the area surrounding Park Plaza offers a prime location for multifamily investors. The area's strong sense of community, coupled with its proximity to major thoroughfares and public transportation, makes it an ideal location for multifamily investment. Nearby green spaces and parks provide a serene balance to city living, offering residents a well-rounded urban experience. As Detroit's rejuvenation continues, this location presents an enticing opportunity for multifamily investors seeking to be part of the city's resurgence.Introducing an exceptional investment opportunity! This 40-unit multifamily property presents a rare chance to secure a prime asset in the thriving Detroit area. Boasting 100% occupancy, this well-maintained low-rise/garden building offers investors a steady income stream and significant potential for value enhancement. This property is an ideal addition to any investment portfolio. Don't miss out on this lucrative investment in the heart of Detroit's bustling real estate market.
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Highlights

  • 100% occupancy
  • 14,145 SF apartment buildings on 0.37 acres
  • 2 Floors
  • 40 units: 1 BR
  • Built in 1956
  • Located 20 minutes from Downtown Detroit
  • Zoned B4

Getting around

  • 64/100

    Walk Score ®

  • 49/100

    Transit Score ®

  • 51/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Detroit, MI
  • Neighborhood Redford
  • Zip Code 48219
  • Market Detroit

Points of Interest

  • CDM Transport LLC

    4.46 miles

  • Royal Oak

    7.61 miles

  • Dearborn

    8.63 miles

  • Smith's Creek Depot Station

    8.68 miles

  • Walnut Grove Station

    8.79 miles

  • Firestone Station

    8.82 miles

  • Troy

    8.89 miles

  • Sunoco

    0.04 miles

  • BP

    0.26 miles

  • Marathon

    0.32 miles

  • Citgo

    0.99 miles

  • Valero

    1.02 miles

  • Mobil

    1.04 miles

  • Clark

    1.05 miles

  • Sam's Club

    1.15 miles

  • Livonia, MI Supercharger

    4.50 miles

  • Ferndale Public Library

    7.42 miles

  • Parking Lot D

    2.53 miles

  • Parking Lot C

    2.55 miles

  • Vistor Parking Lot B

    2.56 miles

  • Vistor Parking Lot A

    2.59 miles

  • Parking Lot E

    2.60 miles

  • Parking Lot G

    2.72 miles

  • Parking Lot H

    3.19 miles

  • Parking Lot A

    3.28 miles

  • Riviera Motel Detroit

    1.41 miles

  • Inn America

    2.64 miles

  • Comfort Suites

    3.34 miles

  • Holiday Inn Express & Suites Southfield

    3.49 miles

  • Plaza Hotel

    3.53 miles

  • The Westin Southfield Detroit

    3.55 miles

  • Grand Tulane Motel

    3.63 miles

  • Quality Inn

    3.68 miles

  • Staybridge Suites Detroit - Southfield

    3.77 miles

  • Cranbrook Inn

    3.77 miles

  • International African Grocery

    0.12 miles

  • Glory Super Market

    0.24 miles

  • Redford Oaks

    1.04 miles

  • Mini Mart Supermarket

    1.17 miles

  • Old Redford Food Center

    1.20 miles

  • Evergreen Supply Company

    1.28 miles

  • ALDI

    1.40 miles

  • Meijer

    1.52 miles

  • Save-A-Lot

    1.56 miles

  • Apollo Market

    1.57 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker
broker
Ferris Hamama

Keystone Commercial Real Estate

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