8544 Mcnichols Rd Detroit, MI 48221-2570

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.