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Detroit Retail Space For Sale
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15823 W McNichols Rd, Detroit, MI 48235

Retail space available for purchase in Detroit, Michigan.

Property Size2,800 SF
Price / SF$25.32
Days on Market605

Property Features for 15823 W McNichols Rd

General Information

Standard status Active
Size 2,800 SF
Class C
Property subtype Retail
Zoning B2

Building Details

Year Built 1955
Buildings 1
Stories 1
Tenancy Single
Listing Agency: Signature Associates Southfield
Listed By: Joe Stack · License #MI
Source: Crexi
Added: Feb 8, 2025 Changed: Oct 4 Last Checked: Oct 5 at 6:58PM

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 Signature Associates Southfield

Investment Insights

Based on property information with market context.

This commercial real estate offering consists of a 2,800-square-foot retail space located in Detroit, Michigan. The property is currently listed for sale.

Key Highlights

  • Established neighborhood (built in 1955)
  • For Sale

Property Analytics

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Current Use

Retail space

Suggested Use

Top Pick Law Firm Real Estate Agency Building Supply Dental Office Parking Lot & Garage Electrical Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

563
Businesses Nearby
57k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 67% Shops & Services 31% Electronics 2%
McDonald's Dining
25,607 visits/mo 0.2 miles
Taco Bell Dining
12,576 visits/mo 0.1 miles
Family Dollar Shops & Services
10,373 visits/mo 0.5 miles
Marathon Petroleum Shops & Services
7,257 visits/mo 0.2 miles
Metro by T-Mobile Electronics
1,338 visits/mo 0.5 miles

Demographics for 48235, MI

45,188
Population
20,946
Households
2.2
Avg Household Size
39
Median Age
15%
College-Educated
91%
High-School Grad
6.2 sq mi
ZIP Area
7,288
Density / Sq Mi
$41,011
Median Household Income
$31,545
Median Earnings
$1,151
Median Rent
$79,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in Detroit, MI

7.5% 2019
9.2% 2020
8.5% 2021
7.3% 2022
7.9% 2023
7% 2024
7% 2025
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Frequently Asked Questions

What type of property is this?
Retail space - Retail space available for purchase in Detroit, Michigan.
Where is this retail space located?
The property is located at 15823 W McNichols Rd Detroit, MI.
What is the asking price?
The asking price for this property is $70,900.
What are key features of this property?
This property features: Established neighborhood (built in 1955); For Sale
(248) 359-0615 Call to check price and availability
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