Multi-Front Retail
For Sale
$450,000
7500 Mcnichols Road, Detroit, MI 48221
Built in 1934, this multi-storefront retail building offers expansive space with original exterior limestone and terrazzo features.
Property Size21,805 SF
Price / SF$20.64
Days on Market149
Property Features for 7500 Mcnichols Road
General Information
Standard status
Active
Size
21,805 SF
Property subtype
Other
Amenities
3
225.3X100
Building Details
Year Built
1934
Listing Agency:
O'Connor Realty Detroit, LLC
(248) 376-2231
Listed By:
Daniel Ericksen · License #6501408419
(248) 376-2231
Source:
Xome
Added: Apr 4
Changed: Aug 28
Last Checked: Aug 29 at 6:58AM
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 O'Connor Realty Detroit, LLC
Investment Insights
Based on property information with market context.
Built in 1934, this expansive retail building includes original limestone and terrazzo features on the exterior. The space is split among six different storefronts, creating multiple commercial bays within one property.
Located on W. McNichols Road in the Bagley district, the property benefits from a revitalized, pedestrian-friendly streetscape with bike lanes and extended side walks. Street parking is available, and there is a municipal parking lot across the street. The building sits across from First Merchants Bank and is kitty-corner to Metro Detroit Barber College.
With six separate storefronts, the layout supports flexible configurations for retail occupants once the building is restored.
Located on W. McNichols Road in the Bagley district, the property benefits from a revitalized, pedestrian-friendly streetscape with bike lanes and extended side walks. Street parking is available, and there is a municipal parking lot across the street. The building sits across from First Merchants Bank and is kitty-corner to Metro Detroit Barber College.
With six separate storefronts, the layout supports flexible configurations for retail occupants once the building is restored.
Key Highlights
- Built in 1934 with original exterior limestone and terrazzo features
- 21,805 sqft commercial space split across 6 different storefronts
- 3 guest facilities
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
511
Businesses Nearby
43k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 65%
Shops & Services 29%
Home Improvements & Furnishings 6%
McDonald's
Dining
23,140 visits/mo
0.4 miles
Valero Energy
Shops & Services
6,793 visits/mo
0.4 miles
Family Dollar
Shops & Services
5,693 visits/mo
0.2 miles
Little Caesars Pizza
Dining
5,069 visits/mo
0.4 miles
Hammer Time True Value Hardware
Home Improvements & Furnishings
2,632 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
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Frequently Asked Questions
What type of property is this?
Storefront property - Built in 1934, this multi-storefront retail building offers expansive space with original exterior limestone and terrazzo features.
Where is this storefront property located?
The property is located at 7500 Mcnichols Road Detroit, MI.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: Built in 1934 with original exterior limestone and terrazzo features; 21,805 sqft commercial space split across 6 different storefronts; 3 guest facilities
