7500 W McNichols Road Detroit, MI ^$ 450,000

7500 W McNichols Road

^$ 450,000

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Recently Listed

7500 W McNichols Road

Detroit, MI, 48221

^$ 450,000

Bedrooms-- Baths-- Sq 21,805

Monthly Estimate*

^$ 2,771

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Commercial Property for sale in Detroit, MI

for $450,000. This 21,805 square foot building was built on a lot size of 0.52.

Incredible opportunity to own this expansive commercial property in the Bagley district. Built in 1934, with original limestone and terrazzo features on the exterior, options are plentiful for this building once restored. Offering 21,805 sqft of space, split amongst 6 different store fronts, perfect for local small business retailers. Located on revitalized and pedestrian friendly W. McNichols with bike lanes, extended side walks, and established businesses. Street parking and municipal parking lot across the street. Sitting across the street from First Merchants Bank, kitty corner to Metro Detroit Barber College and only a 10 minute walk to University of Detroit Mercy and Marygrove Conservancy and more.

Commercial Active

Price

^$ 450,000

Property Type

Commercial

Taxes

^$ 11,529

Style

Commercial/Industrial

Lot Size

0.52

Town/City

Detroit

County/Region

Wayne

MLS | Web ID

60982679

Features

General

Possession See Remarks (Possession)

Water Public Water

Status Active Active

Year Built 19

Subdivision Palmer Blvd Estates Sub MI

County Wayne

Class COM/IND/BUS OPP

Type Commercial/Industrial

Ownership Private

Municipality Detroit

Zoning Commercial

Sale/Rent For Sale

Status Detail 0

Area Detroit (82001)

Primary City Detroit

Directions W McNichols Rd & Livernois

City Detroit

Financial Terms Cash

Legal Description N W MC NICHOLS E 1.30 FT OF 31 32 THRU 42 PALMER BLVD ESTATES SUB L35 P42 PLATS W C R 16/294 225.30 X 100

DOM 1

Postal Code 48221

Price Per Sq Ft Total AG 20.64

Public Remarks Incredible opportunity to own this expansive commercial property in the Bagley district. Built in 1934 with original limestone and terrazzo features on the exterior

Exterior

Exterior Stone Wood

Frontage 225

Lot Size Area 0.52

Lot Dimensions 225.3X100

Roads Paved Street

Waterfront Y/N No

* Excluded Features

List By

Daniel Ericksen

Listing Agent

O'connor Realty Detroit, Llc

Broker

daniel@oconnordetroit.com

Affordability Calculator

$3,731

Per Month

Monthly Principal & Interest: $2,771
Monthly Property Taxes: $961
Monthly Home Insurance: --

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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.

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Nearby

Trends
Schools

Commerical listings in Detroit, MI

Average List Price ^$442,256

Percent of Sale Price 2%

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
4/9/2026	$450,000		Listed Price

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7500 W McNichols Road, Detroit, MI, 48221 is a Commercial Property for sale at $450,000 with 21,805 sqft and a lot size of 0.52. 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.

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7500 W McNichols Road

Commercial Property for sale in Detroit, MI

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