16941 Mcnichols RdDetroit, MI 48235

For Sale
$85,000

Prime Detroit retail land, two buildings, $85k

Overview

Added:
Dec 11, 2024
Days on market:
93
This exceptional commercial property, located at 16941 W McNichols Rd in Detroit, Michigan, presents a unique investment opportunity. The property encompasses 0.31 acres of land zoned B-2, offering significant potential for various commercial ventures. The asking price is $85,000, translating to a price per square foot of $6.29. The property features two existing buildings totaling 1,920 square feet, built in 1948. This presents a chance to either renovate and repurpose the existing structures or develop the land according to the B-2 zoning regulations. The land itself commands a price per acre of $274,194, reflecting its prime location and development potential. The property's proximity to a neighboring event hall suggests potential synergy and increased foot traffic. This is an ideal opportunity for investors seeking a versatile commercial property in a thriving Detroit location. The property is situated in Wayne County, Michigan, with the zip code 48235. This offering includes the land and existing buildings, providing flexibility for a range of commercial uses. Serious inquiries are encouraged to explore this promising investment.

Highlights

  • 0.31-acre parcel available for sale.
  • Adjacent to an existing event hall, offering synergistic development potential.
  • B-2 zoning.
  • Offered at $85,000.

Property Details for 16941 Mcnichols Rd

Property type
Other retail properties, Other land
Square Feet
1,920 SF
Year Built
1948
Buildings
2
Lot Size (sq. ft)
13,504 SF

Location Insight

City
Detroit
County
Wayne
State
Michigan
Latitude
42.415455
Longitude
-83.210629
16941 Mcnichols Rd, Detroit, Michigan

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16941 Mcnichols Rd
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