8544 Mcnichols Rd Detroit, MI 48221

Property Details for 8544 Mcnichols Rd

Year built

1938

Lot size

0.06 lot acres

Property size

1,771 SF

Zone code

B2

Property type

Medical offices

Property subtype

Medical space

APN

16008192.

APU

16008192

Description

This 1,900 square foot industrial property, situated on a 0.06-acre lot at 8544 W. McNichols in Detroit, MI, presents a compelling investment opportunity. Ideally located within the Marygrove/Fitzgerald Retail Corridor, this building boasts double retail frontage and an open floor plan, perfect for a variety of uses, including retail and office space. The property includes three office spaces and two handicap-accessible restrooms, enhancing its functionality and accessibility. Ample storage is available in the basement, providing additional utility. Significant upgrades were completed in 2021, encompassing a comprehensive overhaul of the HVAC, plumbing, and electrical systems, ensuring modern and efficient operation. Parking is conveniently provided with two rear parking spaces supplemented by readily available non-metered street parking. The property benefits from a strong neighborhood presence, with nearby establishments including Marygrove Campus, Lou's Deli, Subway, Caribbean Kitchen, Manhattan Fish and Chicken, Family Dollar, The Raw Space, and 2Bright Men & Women Clothing, contributing to high foot traffic and visibility. Proof of funds is required for all showings. Attractive land contract terms are available, requiring a 50% down payment on the $279,999 purchase price. This property offers a unique blend of location, functionality, and recent upgrades, making it an exceptional investment prospect.

Location Insight

City

Detroit

County

Wayne

State

Michigan

Longitude

-83.1558

Latitude

42.4172

CBSA code

19820

CBSA name

DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments