8500 W McNichols Road Detroit, MI ^$ 350,000

8500 W McNichols Road

^$ 350,000

Back to search

Recently Listed Foreclosure

8500 W McNichols Road

Detroit, MI, 48221

^$ 350,000

Bedrooms-- Baths-- Sq 2,802

Monthly Estimate*

^$ 2,155

8500 W McNichols Road, Detroit, MI 48221 - Image 1

8500 W McNichols Road, Detroit, MI 48221 - Image 2

8500 W McNichols Road, Detroit, MI 48221 - Image 3

8500 W McNichols Road, Detroit, MI 48221 - Image 4

8500 W McNichols Road, Detroit, MI 48221 - Image 5

Commercial Property for sale in Detroit, MI

for $350,000. This 2,802 square foot building was built on a lot size of 0.07.

Versatile, income Ã¢â¬â producing commercial property, located directly across from Mary Grove College campus. This unique building currently features a clothing, boutique, hair salon, and even has a studio apartment. Offering multiple revenue streams of income under one roof. Ideal for investor, owner/operators, or entrepreneur, high visibility location with flexible use potential. Suitable for retail, beauty services, office space, creative Studios, or live Ã¢â¬â work arrangements. Recent updates and a strategic location near ongoing redevelopment make this an excellent long-term investment opportunity.

Commercial Active

Price

^$ 350,000

Property Type

Commercial

Taxes

^$ 1,738

Style

Commercial/Industrial

Lot Size

0.07

Town/City

Detroit

County/Region

Wayne

MLS | Web ID

60965541

Features

General

Heating Forced Air

Possession At Close

Water Public Water

Status Active Active

Year Built 19

Subdivision Marygrove Homes Park MI

County Wayne

Class COM/IND/BUS OPP

Type Commercial/Industrial

Ownership Bank Owned

Municipality Detroit

Zoning Commercial

Sale/Rent For Sale

Status Detail 0

Area Detroit (82001)

Primary City Detroit

Directions Major cross street is W. Mcnichols and Wyoming

City Detroit

Financial Terms Cash Conventional

Legal Description N--W MC NICHOLS RD 7 MARYGROVE HOMES PARK L62 P39 PLATS W C R 16/421 28.23 X 100

DOM 6

Postal Code 48221

Price Per Sq Ft Total AG 124.91

Public Remarks Versatile income Ã¢â¬â producing commercial property located directly across from Mary Grove College campus. This unique building currently features a clothing boutique hair salon

Exterior

Frontage 30

Lot Size Area 0.07

Lot Dimensions 28.23X100

Roads Paved Street

Waterfront Y/N No

Interior

Fuel Type Natural Gas

* Excluded Features

List By

Yvonne Velez

Listing Agent

Dedicated Realty Llc

Broker

Dedicatedrealty@comcast.net

Affordability Calculator

$2,300

Per Month

Monthly Principal & Interest: $2,155
Monthly Property Taxes: $145
Monthly Home Insurance: --

Set your offer price

Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly 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.

Learn more about how to save

Discover how much house you can afford

Your dream home may be within reach.

Learn More about how to save

THE TIME TO SELL IS NOW! What's my home worth?

Nearby

Trends
Schools

Commerical listings in Detroit, MI

Average List Price ^$442,843

Percent of Sale Price 27%

About Detroit, MI

633,657 Population

-33% Since 2002

^$26,977 Median Income

36.23 Median Age

26% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

760529 Elementary School

760235 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
1/23/2026	$350,000		Listed Price

Map

More homes like this one

homes for you

See all

8500 W McNichols Road, Detroit, MI, 48221 is a Commercial Property for sale at $350,000 with 2,802 sqft and a lot size of 0.07. The property's zip code is 48221 which is in Detroit, MI

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: 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.

Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.

The information published and disseminated by MiRealSource is communicated verbatim, without change by MiRealSource, as filed with MiRealSource by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.

The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc.

*Full Name

*Email

*Phone

I am interested in financing options

Get more info

By submitting the form, you agree that Weichert^® may contact you via phone or text about your inquiry, which may involve the use of automated means. You are not required to consent as a condition of purchasing any property, goods or services. For any other information please read our privacy policy.

Get more info

Looking for an Associate?

Already Working with an Associate?

8500 W McNichols Road

Commercial Property for sale in Detroit, MI

Affordability Calculator

Map

More homes like this one

Get more info about this home