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    Detroit Retail Opportunity For Sale Title is generated by Realmo AI

    13226 W McNichols Rd, Detroit, MI 48235

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    2,917 SF retail building with liquor license in Detroit.

    Type:Retail
    Property size:
    2,917 SF
    Price / SF:
    $179/SF
    Added:
    Jan 29, 2026
    Days on Market:
    158
    Last Refresh:
    Mar 17 at 1:14 pm

    Property Features for 13226 W McNichols Rd

    General Information

    Standard status
    Active
    Size
    2,917 SF
    Property subtype
    Retail

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    Kathleen Garmo

    Listing office Keystone Commercial Real Estate

    Listing date Jan 29, 2026

    Source Crexi

    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 Keystone Commercial Real Estate

    HighLights

    • Prime location in Detroit
    • Includes a liquor license
    • 2,917 SF building suitable for retail
    • Flexible layout for various concepts
    • Available FF&E
    • Single unit property ideal for restaurant investment

    Overview

    This 2,917 SF building in Detroit offers a retail opportunity with a flexible layout suitable for various concepts. The property features a single unit and presents an opportunity for a restaurant investment. Available FF&E and an included liquor license may streamline establishing a culinary destination. The property is positioned to attract a steady flow of patrons in Detroit's market.

    Local Financial Insights For Specialty Retail

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $41.3k $14.16
    − Vacancy −$3.0k −$1.02
    EGI $38.3k $13.14
    − OpEx −$9.6k −$3.29
    NOI $28.7k $9.86
    2,917 SF · lease $14.16/SF/yr · vacancy 7.20% · expense 25.00%

    Alternative Uses

    Best Use
    Specialty Retail
    $410.7K
    $359.4K – $479.1K (±1% cap)
    NOI $28,748 @ 7.0% cap · market cap 5.48%
    Second Best
    Retail
    $368.3K
    $322.3K – $429.7K (±1% cap)
    NOI $25,783 @ 7.0% cap · market cap 4.91%
    Theoretical Best
    Multifamily LT 5
    $413.5K
    $361.8K – $482.4K (±1% cap)
    NOI $28,944 @ 7.0% cap · market cap 5.51%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Sloppy Chops Restaurant Restaurant

    Suggested Use

    Law Firm Dental Office Real Estate Agency Skin Care Clinic HVAC Service Parking Lot & Garage Cafe & Coffee Shop Gym & Fitness Center Nursing Home Bed & Breakfast

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Detroit
    County
    Wayne
    State
    Michigan
    Longitude
    -83.175804
    Latitude
    42.41687

    FAQs

    What type of property is this?
    Retail space - 2,917 SF retail building with liquor license in Detroit.
    Where is this retail space located?
    The property is located at 13226 W McNichols Rd Detroit, MI.
    What is the asking price?
    The asking price for this property is $525,000.
    What are key features of this property?
    This property features: Prime location in Detroit; Includes a liquor license; **2,917 SF building suitable for retail**
    More about this property
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