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Former Bank Branch with Parking
For Sale
$350,000

19301 W Mcnichols Rd, Detroit, MI 48219

Corner placement offers street exposure along W McNichols and W Outer Dr.

Property Size3,605 SF
Price / SF$97.09
Days on Market94

Property Features for 19301 W Mcnichols Rd

General Information

Standard status Active
Size 3,605 SF

Additional Details

Corner Location Yes

Taxes and HOA fees

Annual Taxes $100
Listing Agency: CSW Real Estate
Listed By: Kenneth Scott · License #6501288483
Source: Exprealty
Added: May 17 Changed: Aug 15 Last Checked: Aug 17 at 9:59PM

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 CSW Real Estate

Investment Insights

Based on property information with market context.

This 3,605-square-foot property is a former Chase bank branch with multiple parking spaces and a newer roof. The building provides an established commercial footprint for continued banking, retail, or another approved use.

Positioned at the corner of W McNichols and W Outer Dr in Detroit’s Rosedale Park community, the property benefits from visibility to travelers using the surrounding roads. Its prominent corner setting and existing parking support convenient access for visitors and occupants.

Key Highlights

  • 3,605‑square‑foot former Chase bank branch
  • Multiple parking spaces on the property
  • Corner location at W McNichols and W Outer Dr

Property Analytics

Current Use

Urban League of Detroit ... Physician Chase Mortgage Loan Service

Suggested Use

Top Pick Building Supply Law Firm Real Estate Agency HVAC Service 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

410
Businesses Nearby
133k
Monthly Visits Nearby

Foot Traffic Nearby

Groceries 55% Shops & Services 29% Dining 12% Apparel 3%
Meijer Groceries
73,288 visits/mo 0.2 miles
Dollar Tree Shops & Services
14,060 visits/mo 0.2 miles
Wendy's Dining
12,475 visits/mo 0.4 miles
Meijer Gas Station Shops & Services
9,012 visits/mo 0.2 miles
Family Dollar Shops & Services
6,719 visits/mo 0.4 miles

Demographics for 48219, MI

46,811
Population
20,815
Households
2.2
Avg Household Size
37
Median Age
13%
College-Educated
87%
High-School Grad
8.4 sq mi
ZIP Area
5,573
Density / Sq Mi
$43,882
Median Household Income
$31,187
Median Earnings
$1,037
Median Rent
$84,500
Median Home Value

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?
Bank - Corner placement offers street exposure along W McNichols and W Outer Dr.
Where is this bank located?
The property is located at 19301 W Mcnichols Rd Detroit, MI.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: 3,605‑square‑foot former Chase bank branch; Multiple parking spaces on the property; Corner location at W McNichols and W Outer Dr
More about this property
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