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Detroit Bar/Restaurant Opportunity
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7400 W McNichols Rd, Detroit, MI 48221

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

Property Size7,686 SF
Days on Market619

Property Features for 7400 W McNichols Rd

General Information

Standard status Active
Size 7,686 SF
Property subtype Mixed Use, Retail, Special Purpose
Zoning B2
Lease Type Net
Investment Type Net Lease

Building Details

Year Built 1942
Year Renovated 2024
Buildings 1
Tenancy Single
Listing Agency: Encore Real Estate Investment Services
Listed By: Deno Bistolarides · License #6502378067
Source: Crexi
Added: Dec 10, 2024 Changed: Aug 15 Last Checked: Aug 20 at 9:48AM

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 Encore Real Estate Investment Services

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 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

7.5% 2019
9.2% 2020
8.5% 2021
7.3% 2022
7.9% 2023
7% 2024
7% 2025
Rey
Questions? Ask Rey
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Similar Off Market Nearby

  • Lockeroom Sports Lounge & Food Truck 18290 Livernois, Detroit, MI 48221
  • Triple B’s Lounge 7641 W McNichols Rd, 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 W McNichols Rd Detroit, MI.
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.
(248) 702-0299 Call to check price and availability
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