16125-16135 W McNichols Road Detroit MI 48235 MLS #20261049924

16125-16135 W McNichols Road
Detroit, MI, 48235
$399,900
Beds
0 Baths
6,400 SqFt
0.29 Acres
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MLS #20261049924 image #0
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!

Property Details

Price:
$399,900
MLS #:
20261049924
Status:
Active
Beds:
0
Baths:
0
Type:
Commercial
Subtype:
RealEstateOnly
Subdivision:
PALMER FIELD SUB
Neighborhood:
area05033detschcraft6grnfldlimits
Listed Date:
Jul 1, 2026
Finished Sq Ft:
6,400
Total Sq Ft:
6,400
Year Built:
1946
Short SaleArea05033detschcraft6grnfldlimitsArea05033detschcraft6grnfldlimitsPalmer Field SubDetroit

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Schools

School District:
Detroit

Interior

Above Grade Finished Area
6400
Heating
Forced Air, Natural Gas
Levels
One

Exterior

Construction Materials
Block, Brick
Fencing
Fenced
Parking Features
AlleyAccess, ParkingLot, OnSite, OnStreet
Roof
Rubber

Financial

Net Operating Income
$31,832
Taxes
$1,946

Map

Community

Subdivisions in Detroit

Market Summary

Current real estate data for Commercial in Detroit as of Jul 16, 2026
504
Commercial Listed
282
Avg DOM
140
Avg $ / SqFt
$581,095
Avg List Price

Property Summary

    Located in the PALMER FIELD SUB subdivision, 16125-16135 W McNichols Road Detroit MI is a Commercial for sale in Detroit, MI, 48235. It is listed for $399,900 To schedule a showing of MLS#20261049924 at 16125-16135 W McNichols Road in Detroit, MI, contact your LoChirco Realty, LLC agent at 586-321-9997.

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16125-16135 W McNichols Road
Detroit, MI