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    7400 Mcnichols Rd Detroit, MI 48221

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    For Sale
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    Prime Detroit location, fully renovated, 6,992 SF

    Property size:
    7,686 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This 6,992 square foot, fully renovated bar and restaurant space is available for lease in Detroit, Michigan. Located at 7400 W McNichols Rd, this single-tenant property sits on a 0.19-acre lot and boasts a newly renovated interior completed in 2024. The building, constructed in 1942, features unique architectural details and a mezzanine level offering a bird's-eye view of the main space. The space includes a fully built-out bar with tap plumbing, a fully equipped kitchen with grease traps and pre-installed roof units, and a Cabaret "A" license. Noise levels are effectively managed by K-13 foam insulation in the ceiling. Safety features include an ADT alarm system and a Johnson Controls fire suppression system. The property is zoned B2 and offers ample space for a variety of entertainment and food service concepts. The high-traffic location on McNichols Road in a rapidly growing neighborhood provides excellent visibility and accessibility. A striking mural by world-renowned artist Dr. Hubert Massey adds a unique artistic appeal. The net rentable area is 6,992 square feet, with a total square footage of 7,686. The property is currently vacant and available for a net lease.

    Property Features for 7400 Mcnichols Rd

    General Information

    Property type
    Restaurants
    Square Feet
    7,686 SF
    Lot Size
    8,276 SF

    Building Details

    Year Built/Renovated
    1942/2024
    Buildings
    1

    HighLights

    • 6,900 SF commercial space available for lease in Detroit's Livernois and McNichols area.
    • Fully built‑out bar with tap plumbing, ideal for restaurant, bar, or entertainment use.
    • Mezzanine level offers additional space and overlooks the main area.
    • Newly renovated with unique architectural features and ample space.
    • High‑traffic location in a rapidly growing neighborhood.
    • K‑13 foam insulation provides superior noise dampening.
    Property Profile Location Intelligence

    Current Use by Public Records

    Mitch's Auto Parts Auto Parts Store

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Grocery Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Detroit
    County
    Wayne
    State
    Michigan
    Longitude
    -83.145391208692
    Latitude
    42.417096703678

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    FAQs

    What type of property is this?
    Restaurant - Prime Detroit location, fully renovated, 6,992 SF
    Where is this restaurant located?
    The property is located at 7400 Mcnichols Rd Detroit, MI.
    What are key features of this property?
    This property features: 6,900 SF commercial space available for lease in Detroit's Livernois and McNichols area.; Fully built-out bar with tap plumbing, ideal for restaurant, bar, or entertainment use.; Mezzanine level offers additional space and overlooks the main area.
    Request Owner's contact information
    7400 Mcnichols Rd Detroit, MI 48221
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    7400 Mcnichols Rd Detroit, MI 48221
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