For Sale
$85,000

16941 Mcnichols Rd Detroit, MI 48235

Prime Detroit retail land, two buildings, $85k

Overview

Added:
Dec 11, 2024
Days on market:
127
This exceptional commercial property, located at 16941 W McNichols Rd in Detroit, Michigan, presents a unique investment opportunity. The property encompasses 0.31 acres of land zoned B-2, offering significant potential for various commercial ventures. The asking price is $85,000, translating to a price per square foot of $6.29. The property features two existing buildings totaling 1,920 square feet, built in 1948. This presents a chance to either renovate and repurpose the existing structures or develop the land according to the B-2 zoning regulations. The land itself commands a price per acre of $274,194, reflecting its prime location and development potential. The property's proximity to a neighboring event hall suggests potential synergy and increased foot traffic. This is an ideal opportunity for investors seeking a versatile commercial property in a thriving Detroit location. The property is situated in Wayne County, Michigan, with the zip code 48235. This offering includes the land and existing buildings, providing flexibility for a range of commercial uses. Serious inquiries are encouraged to explore this promising investment.

Highlights

  • 0.31-acre parcel available for sale.
  • Adjacent to an existing event hall, offering synergistic development potential.
  • B-2 zoning.
  • Offered at $85,000.

Property Details for 16941 Mcnichols Rd

Property type
Retail properties, Land
Square Feet
1,920 SF
Year Built
1948
Buildings
2
Lot Size (sq. ft)
13,504 SF

Location Insight

City
Detroit
County
Wayne
State
Michigan
Latitude
42.415455
Longitude
-83.210629
16941 Mcnichols Rd, Detroit, Michigan

FAQs

What type of property is this?
Retail property - Prime Detroit retail land, two buildings, $85k
Where is the retail property located?
The property is located at 16941 Mcnichols Rd Detroit, MI.
What is the asking price?
The asking price for this property is $85,000.
What are key features of this property?
This property features: 0.31-acre parcel available for sale.; Adjacent to an existing event hall, offering synergistic development potential.; B-2 zoning.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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16941 Mcnichols Rd
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