Versatile Commercial Space For
For Lease
$1,750/Mo
16116 W McNichols Rd, Detroit, MI 48235
Commercial space with high foot traffic, great for businesses.
Space SizeContact for details
Lot Size0.04 Acres
Days on Market266
Property Features for 16116 W McNichols Rd
General Information
Standard status
Active
Lot size
0.04 Acres
Property subtype
Commercial
Building Details
Year Built
1941
Listing Agency:
(313) 445-3477
Listed By:
Deanna Purifoy · License #6501343335
(313) 445-3477
Source:
Elliman
Added: Nov 28, 2025
Changed: Jul 6
Last Checked: Aug 20 at 11:02AM
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 Deanna Purifoy
Investment Insights
Based on property information with market context.
This commercial space, previously used as a restaurant and salon, is located in a high-traffic area. It features a security system with cameras and central AC. Convenient parking is available just west of the building. The property offers potential for various business ventures.
Key Highlights
- High‑traffic location with strong foot traffic ideal for attracting customers.
- Versatile commercial space suitable for various business ventures (previously a restaurant and salon).
- Security system with cameras for enhanced safety and security.
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
597
Businesses Nearby
45k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 84%
Shops & Services 16%
McDonald's
Dining
25,607 visits/mo
0.3 miles
Taco Bell
Dining
12,576 visits/mo
0.3 miles
Marathon Petroleum
Shops & Services
7,257 visits/mo
0.0 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
Market
Lease Benchmarks for Detroit, MI
$15.29 /SF/Yr
Avg Asking Price
$3–$30 /SF/Yr
Price Range
15,151 SF
Avg Space Size
Vacancy Rate% for Retail in Detroit, MI
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Retail space - Commercial space with high foot traffic, great for businesses.
Where is this retail space located?
The property is located at 16116 W McNichols Rd Detroit, MI.
What is the lease rate?
The lease rate is $1,750/Mo.
What are key features of this property?
This property features: High‑traffic location with strong foot traffic ideal for attracting customers.; Versatile commercial space suitable for various business ventures (previously a restaurant and salon).; Security system with cameras for enhanced safety and security.
