Storefront Property with Nearby
For Sale
$550,000
7442 W Mcnichols Rd, Detroit, MI 48221
Retail storefront near two free public parking lots, with a basement and improvements completed according to code.
Property SizeContact for details
Days on Market125
Property Features for 7442 W Mcnichols Rd
General Information
Standard status
Active
Property subtype
Commercial
Property Condition
Severity
Repairs Needed
Evidence
close to whit box condition
Taxes and HOA fees
Annual Taxes
$4,957
Building Details
Year Built
1962
Listing Agency:
(313) 623-4068
Listed By:
Enisha Brooks · License #6501399491
(313) 623-4068
Source:
Elliman
Added: Apr 28
Changed: Aug 30
Last Checked: Aug 30 at 3:51AM
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 Enisha Brooks
Investment Insights
Based on property information with market context.
This storefront property was built in 1962 and has received work completed according to code. The building is nearing white-box condition and includes a basement, providing additional interior space for a future retail or commercial layout. The property does not have a dedicated parking lot, but two free lots are located across from the building.
The address is within Detroit’s Livernois-Six Mile Strategic Neighborhood Fund zone and the Fitzgerald neighborhood. Nearby businesses include Detroit Pizza Bar, First Merchants Bank, Alcove and Mockery, and Detroit Sip. The property is also near the Avenue of Fashion, Bagley, University of Detroit Mercy, and Marygrove College. WalkScore is 53, BikeScore is 41, and TransitScore is 49.
The address is within Detroit’s Livernois-Six Mile Strategic Neighborhood Fund zone and the Fitzgerald neighborhood. Nearby businesses include Detroit Pizza Bar, First Merchants Bank, Alcove and Mockery, and Detroit Sip. The property is also near the Avenue of Fashion, Bagley, University of Detroit Mercy, and Marygrove College. WalkScore is 53, BikeScore is 41, and TransitScore is 49.
Key Highlights
- 1962 construction with work completed according to code
- Near white‑box condition with a basement
- Two free parking lots located across from the building
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
521
Businesses Nearby
47k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
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 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 Retail in Detroit, MI
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Storefront property - Retail storefront near two free public parking lots, with a basement and improvements completed according to code.
Where is this storefront property located?
The property is located at 7442 W Mcnichols Rd Detroit, MI.
What is the asking price?
The asking price for this property is $550,000.
What are key features of this property?
This property features: 1962 construction with work completed according to code; Near white‑box condition with a basement; Two free parking lots located across from the building
