Bagley District Commercial
For Sale
$450,000
7500 W McNichols Road, Detroit, MI 48221
Spacious commercial property with storefronts in revitalized Bagley district.
Property Size21,805 SF
Price / SF$20.64
Days on Market132
Property Features for 7500 W McNichols Road
General Information
Standard status
Active
Size
21,805 SF
Property subtype
Commercial
Zoning
Commercial
Taxes and HOA fees
Annual Taxes
$11,529
Building Details
Building Size
21,805 SF
Year Built
1934
Listing Agency:
O'Connor Realty Detroit, LLC
(248) 376-2231
Listed By:
Daniel Ericksen · License #6501408419
Source:
Eliterealtymi
Added: Apr 15
Changed: Aug 23
Last Checked: Aug 22 at 10:55AM
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.
This expansive commercial property, constructed in 1934, is located in the Bagley district. The building features original limestone and terrazzo elements on its exterior. The property offers 21,805 square feet of space, divided among 6 storefronts, suitable for local small businesses. Situated on the revitalized, pedestrian-friendly West McNichols, the location includes bike lanes and extended sidewalks, with established businesses nearby. Street parking is available, along with a municipal parking lot across the street. The property is located across the street from First Merchants Bank, kitty corner to Metro Detroit Barber College, and a 10-minute walk to the University of Detroit Mercy and Marygrove Conservancy. The location has a bike score of 43, indicating it is somewhat bikeable, a walk score of 56, indicating it is somewhat walkable, and a transit score of 49, indicating some transit options are available.
Key Highlights
- Expansive 21,805 sqft commercial property with 6 storefronts.
- Located in the revitalized, pedestrian‑friendly Bagley district on W. McNichols.
- Original 1934 limestone and terrazzo exterior features.
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 - Spacious commercial property with storefronts in revitalized Bagley district.
Where is this storefront property located?
The property is located at 7500 W 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: Expansive **21,805 sqft commercial property with 6 storefronts.**; Located in the revitalized, pedestrian‑friendly Bagley district on W. McNichols.; Original 1934 limestone and terrazzo exterior features.
