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Mixed-Use Restaurant and Apartments
For Sale
$1,700,000

3143 Mcnichols Road, Detroit, MI 48221

Mixed-use property with an upgraded restaurant/bar and two upper three-bedroom apartments plus a full basement and four-car garage.

Property SizeContact for details
Days on Market238

Property Features for 3143 Mcnichols Road

General Information

Standard status Active
Total Parking Spaces 4
Property subtype Other

Additional Details

Business Included Yes
Liquor License Yes
Multifamily Units 2

Taxes and HOA fees

Annual Taxes $1,885

Amenities

3
42.00 x 100.00

Building Details

Year Built 1975
Listing Agency: Leboursia Realty Group
Listed By: Quinnon Martin · License #6501179804
Source: Xome
Added: Jan 4 Changed: Aug 28 Last Checked: Aug 29 at 5:46AM

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 Leboursia Realty Group

Investment Insights

Based on property information with market context.

The Wildemere is a mixed-use commercial building with a fully upgraded restaurant/bar and grill and two upper three-bedroom apartments. The interior offers an open, versatile layout, and the restaurant features a modern kitchen with granite counters. The building has a solid brick exterior and has been updated with new windows and upgraded HVAC and electrical systems.

The property is located in the University of Detroit area, and the public remarks describe strong local visibility with steady activity from new investment.

In addition to the restaurant and upper apartments, the building includes a full basement and a four-car garage. A Class C liquor license is included with the sale.

Key Highlights

  • Mixed‑use commercial building featuring a restaurant/bar and 2 upper 3‑bedroom apartments
  • Fully upgraded with new windows, HVAC, and electrical
  • Restaurant/bar & grill includes a modern kitchen with granite counters

Property Analytics

Current Use

The Wildemere Corporate Office

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Spa & Massage Center Hair Salon Nail Salon

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

Lease Details

2
Residential units
Turnkey business
Opportunity
Yes
Liquor license

Location Intelligence

Trade Area within ½ mile

358
Businesses Nearby
Balanced
Demand for This Use

Demographics for 48221, MI

38,204
Population
17,452
Households
2.2
Avg Household Size
38
Median Age
29%
College-Educated
90%
High-School Grad
5.2 sq mi
ZIP Area
7,347
Density / Sq Mi
$55,583
Median Household Income
$37,019
Median Earnings
$1,174
Median Rent
$138,700
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

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  • Keynote Lounge 18437 Conant, Detroit, MI 48234

Frequently Asked Questions

What type of property is this?
Bar & Pub - Mixed-use property with an upgraded restaurant/bar and two upper three-bedroom apartments plus a full basement and four-car garage.
Where is this bar & pub located?
The property is located at 3143 Mcnichols Road Detroit, MI.
What is the asking price?
The asking price for this property is $1,700,000.
What are key features of this property?
This property features: Mixed‑use commercial building featuring a restaurant/bar and 2 upper 3‑bedroom apartments; Fully upgraded with new windows, HVAC, and electrical; Restaurant/bar & grill includes a modern kitchen with granite counters
More about this property
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