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

Detroit, MI, 48221
$ 450,000
Bedrooms-- Baths-- Sq 21,805

Monthly Estimate*

$ 2,771

7500 W McNichols Road, Detroit, MI 48221 - Image 1
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Commercial Property for sale in Detroit, MI

for $450,000. This 21,805 square foot building was built in 1934 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.

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Commercial Active

Price

$ 450,000

Property Type

Commercial

Taxes

$ 11,529

Style

RealEstateOnly

Lot Size

0.52

Year Built

1934

Town/City

Detroit

County/Region

Wayne

MLS | Web ID

20261023649

Features
General
Sewer PublicSewer
Possession SeeRemarks
Garage Spaces 0.0
Construction Materials Stone Stucco WoodSiding
Year Built 1934
Property Subtype RealEstateOnly
Current Use MixedUse
County Wayne
Net Operating Income 0.0
Operating Expense 0.0
New Construction N
Property Type CommercialSale
HOA N
Attached Garage N
Subdivision Name PALMER BLVD ESTATES SUB
Garage Y/N N
Status Active
Directions W McNichols Rd & Livernois
City DetroitCity_Wayne
Senior Community Y/N N
High School District Detroit
Zoning Description Commercial
MLS Area Area05041Det68GrfldDequindre
Lot Size Units Acres
Carport Y/N N
Land Lease Y/N N
Tax Annual Amount 11529.48
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 MultipleOccupantTypes
Tax Assessed Value 69402
Expected Active Date 2026-04-10
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
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Exterior
Water Source Public
Foundation Details Slab
Spa N
Building Area Total 21805.0
Lot Dimensions 225.3X100
Lot Size Acres 0.52
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 21805.0
Above Grade Finished Area Unit Type SquareFeet
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Internal Only
Street Number 1 7500
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* Excluded Features
List By
Daniel Ericksen

Listing Agent

O'connor Realty Detroit, Llc

Broker

(248) 376-2231

Phone

Affordability Calculator

$3,731
Per Month
74%
26%
0%
Monthly Principal & Interest
$2,771
Monthly Property Taxes
$961
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
Pricing History
DatePricePrice ChangeDescription
4/9/2026$450,000 Listed Price

Map


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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. 7500 W McNichols Road was built in 1934. The property's zip code is 48221 which is in Detroit, MI