16911 Mcnichols Rd Detroit, MI 48235-3318

Property Details for 16911 Mcnichols Rd

Year built

1948

Lot size

0.07 lot acres

Property size

1,920 SF

Zone code

B2

Property type

Retail space

APN

22013052.

APU

22013052

Description

This exceptional 1,920 square foot storefront, located at 16911 W. McNichols Road in Detroit, Michigan, presents a compelling investment opportunity. Currently zoned B2 (Local Business and Residential District), this property offers significant potential for a variety of retail uses. The asking price is $105,000, translating to $65.10 per square foot. The building boasts a generous 14-foot ceiling height, providing ample space and flexibility for interior design and layout. The property also features 220-volt power, ensuring compatibility with a wide range of commercial equipment. Exterior signage is available, providing excellent visibility and branding opportunities for prospective tenants. The land value alone contributes significantly to the overall investment, with a price per square foot of $54.69. This location in Wayne County, Michigan, zip code 48235, offers convenient access to major transportation routes and a thriving local community. Previously used as a banquet hall/event space, the property's adaptable layout makes it suitable for a variety of retail ventures. This is an excellent chance to acquire a well-situated commercial property in a growing Detroit neighborhood. The property's size, zoning, and features make it an ideal investment for both established businesses and new entrepreneurs.