13703 W McNichols Rd - Storefront FOR SALE


Detroit, MI 48235
$499,900 USD
313-571-6581
13703 W McNichols Rd, Detroit, MI for Sale
$499,900 USD
Storefront - FOR SALE
1/12
null | 11.36% Cap Rate

13703 W McNichols Rd
Detroit, MI 48235


HIGHLIGHTS

  • 5 Units - 4 Leased
  • 106 Feet of Road Frontage
  • Updated Roof
  • New Rooftop HVAC

OVERVIEW

Exceptional Opportunity In This Versatile Shopping Center Located in a High-Visibility Area. Welcome to 13703 W McNichols Road, Located Just off the corner of McNichols & Schaefer with 106 feet of road frontage spanning almost 10,000 sq. ft., this single-level property, updated in 2022, offers endless potential for commercial, retail, service, or medical/dental use. Designed with durability and style, the exterior features brick and block construction, three new rooftop HVAC systems, outside lighting, and a updated rubber roof for low-maintenance longevity. Five units with four units currently leased. Alley access with ample lighted parking on-site and on-street. Adhering to zoning standards, this shopping center is ready to support a variety of businesses. Don’t miss this incredible opportunity to own a fully functional and recently updated strip mall in a thriving Detroit location.

FOR SALE DETAILS

PRICE

$499,900 USD

PRICE/SF

$52 USD /SF

CAP RATE

11.36%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

5 Unit Plaza

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

ADD'L SUBTYPES

Service Station, Storefront Retail/Office, Industrial Live/Work Unit

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1953

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.24 AC

LAND SF

10,454 SF

ZONING

B2

APN/PARCEL ID

22-0127959

ASK ABOUT THIS PROPERTY

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313-571-6581

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313-571-6581

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