13140 Mcnichols Rd Detroit, MI 48235

This 4,460 sq ft vacant retail building in Detroit, MI, presents a compelling investment opportunity. Situated on a 0.56-acre lot at 13140 E McNichols Rd, it boasts a prime location with high visibility and daily traffic counts exceeding 24,000 vehicles. Built in 1954, the property features three overhead doors, ideal for various uses including auto repair, car sales, or light industrial operations. A large, 12ft tall fenced area provides ample secure storage space. The property is zoned for commercial and light industrial uses, and benefits from a recently installed new roof. Its strategic location offers easy access to I-94. The asking price is $325,000, with a 13% cap rate. Seller financing is available with a $100,000 down payment. This versatile property is perfect for entrepreneurs seeking a high-traffic location with significant potential. The property is currently vacant, offering immediate occupancy for the new owner. This is a rare opportunity to acquire a well-located, adaptable property in a thriving area. The property's size and zoning make it suitable for a wide range of businesses. The motivated seller is eager to find the right buyer.