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Detroit Bar/Restaurant Opportunity
For Sale
$999,000

7400 E McNichols Rd, Detroit, MI 48234

Bar/restaurant space available in Detroit's active northwest corridor.

Property Size23,332 SF
Price / SF$42.82
Days on Market168

Property Features for 7400 E McNichols Rd

General Information

Standard status Active
Size 23,332 SF

Building Details

Year Built 1966
Listing Agency: EXP Realty Birmingham
Listed By: Paul Mychalowych · License #6506042081
Source: Katie-k
Added: Mar 26 Changed: Sep 8 Last Checked: Sep 8 at 5:02AM

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 EXP Realty Birmingham

Investment Insights

Based on property information with market context.

This property presents an opportunity for a bar or food service business to establish a presence in Detroit’s northwest corridor. The existing bar is fully built out and ready for use. A kitchen area is available with a build-to-suit option. The property benefits from visibility, neighborhood traffic, and community investment along the McNichols corridor. The property is suitable for a new concept or a second location. The property size is 7686 square feet.

Key Highlights

  • Fully built‑out bar minimizes upfront costs and speeds up opening.
  • Located in Detroit’s active northwest corridor with strong neighborhood traffic.
  • Great visibility along the McNichols corridor.

Property Analytics

Current Use

Mitch's Auto Parts Auto Parts Store

Suggested Use

Top Pick Law Firm Real Estate Agency Parking Lot & Garage Skin Care Clinic Grocery & Convenience Store (Bike/Boat/Book/etc) Store

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

521
Businesses Nearby
47k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Dining 59% Shops & Services 35% Home Improvements & Furnishings 6%
McDonald's Dining
23,140 visits/mo 0.2 miles
Valero Energy Shops & Services
6,793 visits/mo 0.2 miles
Family Dollar Shops & Services
5,693 visits/mo 0.3 miles
Little Caesars Pizza Dining
5,069 visits/mo 0.2 miles
Sunoco Shops & Services
4,122 visits/mo 0.4 miles

Demographics for 48234, MI

31,442
Population
15,688
Households
2
Avg Household Size
36
Median Age
11%
College-Educated
84%
High-School Grad
7.8 sq mi
ZIP Area
4,031
Density / Sq Mi
$36,473
Median Household Income
$31,587
Median Earnings
$965
Median Rent
$57,100
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
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Similar Off Market Nearby

  • Triple B’s Lounge 7641 W McNichols Rd, Detroit, MI 48221
  • Lockeroom Sports Lounge & Food Truck 18290 Livernois, Detroit, MI 48221

Frequently Asked Questions

What type of property is this?
Bar & Pub - Bar/restaurant space available in Detroit's active northwest corridor.
Where is this bar & pub located?
The property is located at 7400 E McNichols Rd Detroit, MI.
What is the asking price?
The asking price for this property is $999,000.
What are key features of this property?
This property features: Fully built‑out bar minimizes upfront costs and speeds up opening.; Located in Detroit’s active northwest corridor with strong neighborhood traffic.; Great visibility along the McNichols corridor.
More about this property
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