For Sale
$105,000

16911 Mcnichols RdDetroit, MI 48235

1920 SF Retail Space - $105,000

Overview

Added:
Dec 11, 2024
Days on market:
117
This exceptional 1,920 square foot storefront, located at 16911 W. McNichols Road in Detroit, Michigan, presents a compelling investment opportunity. Currently zoned B2 (Local Business and Residential District), this property offers significant potential for a variety of retail uses. The asking price is $105,000, translating to $65.10 per square foot. The building boasts a generous 14-foot ceiling height, providing ample space and flexibility for interior design and layout. The property also features 220-volt power, ensuring compatibility with a wide range of commercial equipment. Exterior signage is available, providing excellent visibility and branding opportunities for prospective tenants. The land value alone contributes significantly to the overall investment, with a price per square foot of $54.69. This location in Wayne County, Michigan, zip code 48235, offers convenient access to major transportation routes and a thriving local community. Previously used as a banquet hall/event space, the property's adaptable layout makes it suitable for a variety of retail ventures. This is an excellent chance to acquire a well-situated commercial property in a growing Detroit neighborhood. The property's size, zoning, and features make it an ideal investment for both established businesses and new entrepreneurs.

Highlights

  • 1,920 square feet of available space
  • 14-foot ceiling height
  • B2 zoning (Local Business and Residential)
  • 220-volt power available
  • Exterior signage permitted
  • Asking price: $125,000 ($65.10/SF)

Property Details for 16911 Mcnichols Rd

Property type
Retail properties, Retail space
Square Feet
1,920 SF

Location Insight

City
Detroit
County
Wayne
State
Michigan
Latitude
42.4155337
Longitude
-83.2103586
16911 Mcnichols Rd, Detroit, Michigan

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16911 Mcnichols Rd
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