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11850 E McNichols Road Detroit, MI $ 50,000
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$ 50,000 Get more info
11850 E McNichols Road
$ 50,000
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11850 E McNichols Road

Detroit, MI, 48205
$ 50,000
Bedrooms-- Baths-- Sq 2,214

Monthly Estimate*

$ 308

11850 E McNichols Road, Detroit, MI 48205 - Image 1
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11850 E McNichols Road, Detroit, MI 48205 - Image 8
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11850 E McNichols Road, Detroit, MI 48205 - Image 12
11850 E McNichols Road, Detroit, MI 48205 - Image 13

Commercial Property for sale in Detroit, MI

for $50,000. This 2,214 square foot building was built in 1960 on a lot size of 0.09.

Commercial Building Opportunity in LaSalle College Park Neighborhood – Detroit Land Bank Owned. Fantastic opportunity to restore this commercial building property in the LaSalle College Park neighborhood of Detroit. How to Apply: Interested buyers must submit a proposal that includes: 1. Project Proposal (intended use of structure + timeline) 2. Proof of Funds (bank statement or lender letter) 3. Scope of Work (breakdown of renovation costs) 4. Proof of Previous Projects: (include addresses and photos) Important Note: Sale is contingent on execution of a DLBA Renovation/Development Agreement. The Detroit Land Bank Authority is entitled to a tax recapture for the five (5) tax years following transfer of ownership. This may be incompatible with certain abatements or lot combinations. Waiver requests will be considered on a case-by-case basis and may require a payment in lieu of taxes, determined after review of the development pro forma and financing. BATVAI. IDRBNG.

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Commercial Active

Price

$ 50,000

Property Type

Commercial

Taxes

$ 12,242

Style

RealEstateOnly

Lot Size

0.09

Year Built

1960

Town/City

Detroit

County/Region

Wayne

MLS | Web ID

20251040444
Features
General
Sewer PublicSewer
Possession AtClose
Garage Spaces 0.0
Construction Materials Block Brick
Year Built 1960
Property Subtype RealEstateOnly
Current Use Vacant
County Wayne
Net Operating Income 0.0
Operating Expense 0.0
New Construction N
Property Type CommercialSale
HOA N
Attached Garage N
Subdivision Name DRENNAN & SELDONS LASALLE COLLEGE PARK
Garage Y/N N
Status Active
Directions Go south on Hoover then left on E McNichols
City DetroitCity_Wayne
Senior Community Y/N N
High School District Detroit
Zoning Description Commercial
MLS Area Area05054Det8ToGratiotHoustonTo7
Lot Size Units Acres
Carport Y/N N
Land Lease Y/N N
Tax Annual Amount 12242.0
Home Warranty Y/N N
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Standard Status Active
Occupancy Type Vacant
Tax Assessed Value 71552
Expected Active Date 2025-09-26
Legal Description PROPERTY EXEMPT FROM AD VALOREM TAXES AND ASSESSED ON THE SPECIAL ACT ROLL PURSUANT TO PA 261 OF 2003 EXPIRING 12/30/2026. S E MC NICHOLS 835&834 DRENNAN & SELDONS LA SALLE COLLEGE PARK L47 P28 PLATS
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Exterior
Water Source Public
Foundation Details Slab
Spa N
Building Area Total 2214.0
Lot Dimensions 40X100
Lot Size Acres 0.09
Waterfront Y/N N
Road Frontage Type Paved
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Interior
Basement (Y/N) N
Air Conditioning Y/N N
Heating Y/N N
Fireplace Y/N N
Above Grade Finished Area 2214.0
Above Grade Finished Area Unit Type SquareFeet
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Internal Only
Street Number 1 11850
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* Excluded Features
List By
Erick Monzo

Listing Agent

Keller Williams Realty-Great Lakes

Broker

(586) 210-3350

Phone

Affordability Calculator

$1,328
Per Month
23%
77%
0%
Monthly Principal & Interest
$308
Monthly Property Taxes
$1,020
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
848539 Elementary School
848135 Middle School
Unknown High School High School
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Pricing History
DatePricePrice ChangeDescription
9/26/2025$50,000 Listed Price

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11850 E McNichols Road, Detroit, MI, 48205 is a Commercial Property for sale at $50,000 with 2,214 sqft and a lot size of 0.09. 11850 E McNichols Road was built in 1960. The property's zip code is 48205 which is in Detroit, MI

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