Restore-Ready Retail Storefront
For Sale
Contact for pricing
11850 E McNichols Road, Detroit, MI 48205
Land Bank-owned retail storefront building requiring a DLBA renovation agreement and proposal package to complete the sale.
Property Size2,214 SF
Price / SF$22.58
Days on Market316
Property Features for 11850 E McNichols Road
General Information
Standard status
Active
Size
2,214 SF
Property subtype
Land
Building Details
Year Built
1960
Listing Agency:
Keller Williams Realty Lakeside
Listed By:
Erick Monzo · License #MI 6502427681
Source:
Crexi
Added: Sep 26, 2025
Changed: Jul 10
Last Checked: Aug 6 at 1:19PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Keller Williams Realty Lakeside
Investment Insights
Based on property information with market context.
This for-sale commercial building is positioned as a restoration opportunity, with the structure intended for redevelopment through the Detroit Land Bank Authority process. The property is listed as a retail storefront-type asset and includes the building size of 2,214 square feet. Interested buyers should expect the transaction to be tied directly to renovation planning and an approved development path.
The property is located at 11850 E McNichols Road in Detroit, in the LaSalle College Park neighborhood. The seller’s public remarks specify that the building is Detroit Land Bank owned, and that the sale is contingent on execution of a DLBA Renovation/Development Agreement. The Detroit Land Bank Authority is entitled to a tax recapture for the five (5) tax years following transfer of ownership, which may impact compatibility with certain abatements or lot combinations.
To be considered, interested buyers must submit a proposal including a project proposal covering intended use and timeline, proof of funds, a scope of work with a renovation cost breakdown, and proof of previous projects (including addresses and photos). BATVAI applies. Waiver requests may be considered case-by-case and may require a payment in lieu of taxes after review of the development pro forma and financing.
The property is located at 11850 E McNichols Road in Detroit, in the LaSalle College Park neighborhood. The seller’s public remarks specify that the building is Detroit Land Bank owned, and that the sale is contingent on execution of a DLBA Renovation/Development Agreement. The Detroit Land Bank Authority is entitled to a tax recapture for the five (5) tax years following transfer of ownership, which may impact compatibility with certain abatements or lot combinations.
To be considered, interested buyers must submit a proposal including a project proposal covering intended use and timeline, proof of funds, a scope of work with a renovation cost breakdown, and proof of previous projects (including addresses and photos). BATVAI applies. Waiver requests may be considered case-by-case and may require a payment in lieu of taxes after review of the development pro forma and financing.
Key Highlights
- Year built: 1960
- Land Bank‑owned retail storefront building in Detroit’s LaSalle College Park neighborhood
- Sale is contingent on execution of a DLBA Renovation/Development Agreement
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
299
Businesses Nearby
25k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
Exxon
Shops & Services
11,907 visits/mo
0.5 miles
Sunoco
Shops & Services
8,330 visits/mo
0.5 miles
AutoZone
Shops & Services
4,424 visits/mo
0.4 miles
Demographics for 48205, MI
34,056
Population
17,102
Households
2
Avg Household Size
32
Median Age
9%
College-Educated
85%
High-School Grad
6.4 sq mi
ZIP Area
5,321
Density / Sq Mi
$40,612
Median Household Income
$30,833
Median Earnings
$1,149
Median Rent
$55,700
Median Home Value
Market
Vacancy Rate% for Retail in Detroit, MI
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Storefront property - Land Bank-owned retail storefront building requiring a DLBA renovation agreement and proposal package to complete the sale.
Where is this storefront property located?
The property is located at 11850 E McNichols Road Detroit, MI.
What is the asking price?
The asking price for this property is $50,000.
What are key features of this property?
This property features: Year built: 1960; Land Bank‑owned retail storefront building in Detroit’s LaSalle College Park neighborhood; Sale is contingent on execution of a DLBA Renovation/Development Agreement
