Renovated Retail Building in
For Sale
Contact for pricing
16122 Meyers Rd, Detroit, MI 48235
3,515 SF renovated retail building with fenced outdoor area.
Property Size3,515 SF
Price / SF$71.12
Days on Market774
Property Features for 16122 Meyers Rd
General Information
Standard status
Active
Size
3,515 SF
Class
B
Total Parking Spaces
6
Property subtype
Retail
Zoning
B2 Local Business
Investment Type
Owner/User
Building Details
Year Built
1955
Year Renovated
2024
Buildings
1
Stories
1
Units
2
Tenancy
Single
Listing Agency:
P.A. Commercial Corporate & Investment Real Estate
(248) 358-5361
Listed By:
Kevin Bull · License #MI
Source:
Crexi
Added: Jul 10, 2024
Changed: Aug 9
Last Checked: Aug 20 at 5:49AM
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 P.A. Commercial Corporate & Investment Real Estate
Investment Insights
Based on property information with market context.
This 3,515 square foot property is suitable for retail and free-standing building users. Renovated in 2024, it features an open floor plan, a new furnace with AC, a new water heater, and a new roof. The building has a double unit configuration, with one side measuring 34 feet by 62 feet and the other side measuring 18 feet by 62 feet. It includes two restrooms and two front and back doors. A 53-foot by 30-foot fenced-in area in the back offers potential for outdoor space utilization. Potential uses include a coffee roastery, restaurant, salon, studio, office, or clinic. The property has easy access from the side alley off Meyers Road and is near M-10/The Lodge Freeway, in the Detroit area. A coffee roaster is also available for sale.
Key Highlights
- Prime location suitable for retail or free‑standing building use.
- Recently renovated in 2024 with new furnace and AC, water heater, and roof.
- Versatile open floor plan with double unit configuration (34’ x 62’ and 18’ x 62’)
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,029
Businesses Nearby
26k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 82%
Dining 18%
Sunoco
Shops & Services
7,019 visits/mo
0.3 miles
Sunoco
Shops & Services
5,693 visits/mo
0.5 miles
Mobil
Shops & Services
4,163 visits/mo
0.4 miles
Domino's Pizza
Dining
3,414 visits/mo
0.4 miles
O'Reilly Auto Parts
Shops & Services
3,200 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
Market
Vacancy Rate% for Retail in Detroit, MI
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - 3,515 SF renovated retail building with fenced outdoor area.
Where is this retail space located?
The property is located at 16122 Meyers Rd Detroit, MI.
What is the asking price?
The asking price for this property is $250,000.
What are key features of this property?
This property features: Prime location suitable for retail or free‑standing building use.; Recently renovated in 2024 with **new furnace and AC, water heater, and roof.**; Versatile open floor plan with double unit configuration (34’ x 62’ and 18’ x 62’)
