16125-16135 W McNichols Road Detroit, MI $ 399,900
16125-16135 W McNichols Road
$ 399,900
Recently Listed
Share Save

16125-16135 W McNichols Road

Detroit, MI, 48235
$ 399,900
Bedrooms-- Baths-- Sq 6,400

Monthly Estimate*

$ 2,525

16125-16135 W McNichols Road, Detroit, MI 48235 - Image 1
16125-16135 W McNichols Road, Detroit, MI 48235 - Image 2
16125-16135 W McNichols Road, Detroit, MI 48235 - Image 3
16125-16135 W McNichols Road, Detroit, MI 48235 - Image 4
16125-16135 W McNichols Road, Detroit, MI 48235 - Image 5
16125-16135 W McNichols Road, Detroit, MI 48235 - Image 6
16125-16135 W McNichols Road, Detroit, MI 48235 - Image 7
16125-16135 W McNichols Road, Detroit, MI 48235 - Image 8
16125-16135 W McNichols Road, Detroit, MI 48235 - Image 9
16125-16135 W McNichols Road, Detroit, MI 48235 - Image 10
16125-16135 W McNichols Road, Detroit, MI 48235 - Image 11
16125-16135 W McNichols Road, Detroit, MI 48235 - Image 12
16125-16135 W McNichols Road, Detroit, MI 48235 - Image 13
16125-16135 W McNichols Road, Detroit, MI 48235 - Image 14
16125-16135 W McNichols Road, Detroit, MI 48235 - Image 15
16125-16135 W McNichols Road, Detroit, MI 48235 - Image 16
16125-16135 W McNichols Road, Detroit, MI 48235 - Image 17
16125-16135 W McNichols Road, Detroit, MI 48235 - Image 18
16125-16135 W McNichols Road, Detroit, MI 48235 - Image 19
16125-16135 W McNichols Road, Detroit, MI 48235 - Image 20
16125-16135 W McNichols Road, Detroit, MI 48235 - Image 21
16125-16135 W McNichols Road, Detroit, MI 48235 - Image 22
16125-16135 W McNichols Road, Detroit, MI 48235 - Image 23
16125-16135 W McNichols Road, Detroit, MI 48235 - Image 24
16125-16135 W McNichols Road, Detroit, MI 48235 - Image 25
16125-16135 W McNichols Road, Detroit, MI 48235 - Image 26
16125-16135 W McNichols Road, Detroit, MI 48235 - Image 27
16125-16135 W McNichols Road, Detroit, MI 48235 - Image 28
16125-16135 W McNichols Road, Detroit, MI 48235 - Image 29
16125-16135 W McNichols Road, Detroit, MI 48235 - Image 30
16125-16135 W McNichols Road, Detroit, MI 48235 - Image 31
16125-16135 W McNichols Road, Detroit, MI 48235 - Image 32
16125-16135 W McNichols Road, Detroit, MI 48235 - Image 33
16125-16135 W McNichols Road, Detroit, MI 48235 - Image 34
16125-16135 W McNichols Road, Detroit, MI 48235 - Image 35
16125-16135 W McNichols Road, Detroit, MI 48235 - Image 36
16125-16135 W McNichols Road, Detroit, MI 48235 - Image 37
16125-16135 W McNichols Road, Detroit, MI 48235 - Image 38
16125-16135 W McNichols Road, Detroit, MI 48235 - Image 39
16125-16135 W McNichols Road, Detroit, MI 48235 - Image 40
16125-16135 W McNichols Road, Detroit, MI 48235 - Image 41
16125-16135 W McNichols Road, Detroit, MI 48235 - Image 42
16125-16135 W McNichols Road, Detroit, MI 48235 - Image 43
16125-16135 W McNichols Road, Detroit, MI 48235 - Image 44
16125-16135 W McNichols Road, Detroit, MI 48235 - Image 45

Commercial Property for sale in Detroit, MI

for $399,900. This 6,400 square foot building was built on a lot size of 0.29.

Exceptional Value-Add Retail Investment Opportunity! Prime multi-tenant retail center strategically positioned along the highly traveled W. McNichols corridor, offering approximately 6,400 square feet across six storefronts with an established tenant base and significant upside potential. The property is currently 66% occupied, providing immediate cash flow while two vacant approximately 1,200 SF suites offer a clear path to increasing rental income and overall asset value. Recent capital improvements include new roofs on both buildings within the last five years, reducing near-term capital expenditures and enhancing long-term ownership stability. Tenants reimburse water, sewer, and trash expenses, helping preserve net operating income, while multiple leases extending through 2027 and 2028 provide dependable in-place cash flow. Positioned on a prominent road with outstanding visibility, excellent frontage, rear access, and strong daily traffic counts, the property offers outstanding exposure for retail, office, service, or owner-user occupancy. Whether you're expanding your investment portfolio, completing a 1031 exchange, or seeking a property with immediate income and measurable upside, this asset checks every box. Offered at an attractive basis well below replacement cost, this is an opportunity to acquire a stabilized neighborhood retail center spanning three parcels ( 22013026. , 22013027. & 22013028.001) with value-add potential in one of Detroit's busiest commercial corridors. Schedule your showing today!

See more

Commercial Active

Price

$ 399,900

Property Type

Commercial

Taxes

$ 1,945

Style

Commercial/Industrial

Lot Size

0.29

Town/City

Detroit

County/Region

Wayne

MLS | Web ID

61007451

Features
General
Heating Forced Air
Possession Subject To Tenant Rights
Roof Rubber
Water Public Water
Status Active Active
Year Built 19
Subdivision Palmer Field Sub MI
Water Heater Gas
County Wayne
Class COM/IND/BUS OPP
Type Commercial/Industrial
Ownership Private
Municipality Detroit
Zoning Commercial
Sale/Rent For Sale
Status Detail 0
Commercial Features Fence
Area Detroit (82001)
Primary City Detroit
Virtual Tour https://next-door-photos.vr-360-tour.com/e/RrkBns72Pfw/e?accessibility=false&dimensions=false&hidelive=true&share_button=false&t_3d_model_dimensions=false
Directions West of Greenfield S Side of McNichols
City Detroit
Financial Terms Cash Conventional
Legal Description S--W MC NICHOLS S 105 FT 201 PALMER FIELD SUB L37 P7 PLATS W C R 22/8 40 X 105
DOM 1
Postal Code 48235
Price Per Sq Ft Total AG 62.48
Public Remarks Exceptional Value-Add Retail Investment Opportunity! Prime multi-tenant retail center strategically positioned along the highly traveled W. McNichols corridor offering approximately 6
See more
Exterior
Exterior Brick
Frontage 120
Lot Size Area 0.29
Lot Dimensions 120X105
Roads Paved Street
Waterfront Y/N No
See more
Interior
Fuel Type Natural Gas
See more
* Excluded Features
List By
Hassan Shukr

Listing Agent

Own It Realty

Broker

shukr@ownit2020.com

Email

Affordability Calculator

$2,687
Per Month
94%
6%
0%
Monthly Principal & Interest
$2,525
Monthly Property Taxes
$162
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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
THE TIME TO SELL IS NOW! What's my home worth?
Nearby
760529 Elementary School
760235 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
7/1/2026$399,900 Listed Price

Map


See all

16125-16135 W McNichols Road, Detroit, MI, 48235 is a Commercial Property for sale at $399,900 with 6,400 sqft and a lot size of 0.29. The property's zip code is 48235 which is in Detroit, MI