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16125-16135 W Mcnichols Road , Detroit, MI 48235

$399,900
  • 16125-16135 W Mcnichols Road , Detroit, MI 48235 Main Photo
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Active
SQUARE FEET6,400 MLS#20261049924
STATUSActive PROPERTY TYPECommercial - Retail SUBDIVISIONPalmer Field Sub SCHOOLDetroit

Property Description

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!

16125-16135 W Mcnichols Road | MLS# 20261049924

This commercial property located at 16125-16135 W Mcnichols Road , Detroit, MI 48235 is currently listed for sale with an asking price of $399,900. 16125-16135 W Mcnichols Road is located within the Detroit school district. Search Detroit real estate on lastrang.griffithrealty.com today.

Property Features

Property Type: Commercial - Retail
Fenced: Yes
Lot Size: 0.29 Acres
Year Built: 1946

Amenities

Fenced

Feature Descriptions

Days on Site: 19
Exterior: Block, Brick
Foundation: Slab
Frontage Feet: 120
Lot Dimensions: 0.29 Acre(s)
Road Frontage: Paved
Summer Tax: $1740.2100
Water Heater: Natural Gas
Winter Tax: $205.6900
Year Remoldeled: 2020

Local Schools

School District: Detroit

Listed By / Shown By

Listed By

Agency Name: Own It Realty
Agency Phone: (313) 395-0000

Shown By

Agent Name: Linda Strang
Agent Phone: (517) 546-5681
Agency Title: Griffith Realty

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 07/21/2026. The listing information on this page last changed on 07/21/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Tue 07/21/2026 12:37:48 PM EST) or RealComp MLS (last updated Tue 07/21/2026 12:32:44 PM EST). Real estate listings held by brokerage firms other than Griffith Realty may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
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