11850 E McNichols Road Detroit, MI $ 50,000
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*

$ 312

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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 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

Commercial/Industrial

Lot Size

0.09

Town/City

Detroit

County/Region

Wayne

MLS | Web ID

60940380

Features
General
Possession At Close
Water Public Water
Status Active Active
Year Built 19
Subdivision Drennan & Seldons Lasalle College Park MI
County Wayne
Class COM/IND/BUS OPP
Type Commercial/Industrial
Ownership Government Owned
Municipality Detroit
Zoning Commercial
Sale/Rent For Sale
Status Detail 0
Area Detroit (82001)
Primary City Detroit
Directions Go south on Hoover then left on E McNichols
City Detroit
Financial Terms Cash
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
DOM 75
Postal Code 48205
Price Per Sq Ft Total AG 22.58
Public Remarks
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Exterior
Exterior Brick
Frontage 40
Lot Size Area 0.09
Lot Dimensions 40X100
Roads Paved Street
Waterfront Y/N No
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* Excluded Features
List By
Erick Monzo

Listing Agent

Keller Williams Realty-Great Lakes

Broker

erick@monzogroup.com

Email

Affordability Calculator

$1,332
Per Month
23%
77%
0%
Monthly Principal & Interest
$312
Monthly Property Taxes
$1,020
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% 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
760529 Elementary School
760235 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
9/27/2025$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. The property's zip code is 48205 which is in Detroit, MI