16125-16135 W McNichols Road, Detroit, MI 48235
16125-16135 W McNichols Road, Detroit, MI 48235
16125-16135 W McNichols Road, Detroit, MI 48235
16125-16135 W McNichols Road, Detroit, MI 48235
16125-16135 W McNichols Road, Detroit, MI 48235
16125-16135 W McNichols Road, Detroit, MI 48235
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Lindy Gore

Lindy Gore

+1(269) 203-6680
$ 399,900
Est. payment | /mo

6,400 SqFt

Save Virtual Tour
$ 399,900
Est. payment | /mo
Save Virtual Tour

6,400 SqFt

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 6,400 sqft

Price per Sqft $62

MLS Listing ID 20261049924

Year Built 1946

Annual Tax Amount $1,945

Lot Size 0.290 Acres

Acres 0.29

Lot Dimensions 120X105

Source Realcomp

Property Description

Exceptional Value-Add Retail Investment Opportunity! Prime multi-tenant retail center strategically positioned along the highly traveled W. McNichols corridor, offering approximately 6,400 square feet across six storefronts with an established tenant base and significant upside potential. The property is currently 66% occupied, providing immediate cash flow while two vacant approximately 1,200 SF suites offer a clear path to increasing rental income and overall asset value. Recent capital improvements include new roofs on both buildings within the last five years, reducing near-term capital expenditures and enhancing long-term ownership stability. Tenants reimburse water, sewer, and trash expenses, helping preserve net operating income, while multiple leases extending through 2027 and 2028 provide dependable in-place cash flow. Positioned on a prominent road with outstanding visibility, excellent frontage, rear access, and strong daily traffic counts, the property offers outstanding exposure for retail, office, service, or owner-user occupancy. Whether you're expanding your investment portfolio, completing a 1031 exchange, or seeking a property with immediate income and measurable upside, this asset checks every box. Offered at an attractive basis well below replacement cost, this is an opportunity to acquire a stabilized neighborhood retail center spanning three parcels ( 22013026. , 22013027. & 22013028.001) with value-add potential in one of Detroit's busiest commercial corridors. Schedule your showing today!

Location

State MI

County Wayne

Zoning Commercial

Direction West of Greenfield, S Side of McNichols

Interior

Heating Forced Air

Exterior

View Y/N No

Roof Type Rubber

Building

Foundation Slab

Water Public

Structure Type Brick

Schools

School District Detroit

Others

Tax ID W22I013026S

Virtual Tour https://next-door-photos.vr-360-tour.com/e/RrkBns72Pfw/e?accessibility=false&dimensions=false&hidelive=true&share_button=false&t_3d_model_dimensions=false

Listed by Own It Realty

Nearby Locations

Lindy Gore

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(269) 203-6680

thegoreteammi@gmail.com

GET MORE INFORMATION

Name
Phone*
Message

By checking this box, I agree to receive recurring marketing communication from or on behalf of Premiere Realty, Inc, including auto-dialed calls, texts, and artificial/prerecorded voice messages (message frequency varies; data rates may apply; reply "STOP" to opt-out of texts or "HELP" for assistance); Consent not required to make a purchase.

By checking this box, I agree to the Terms of Service and Privacy Policy of this website.

Go tour this home

16125-16135 W McNichols Road