7500 W McNichols Road, Detroit, MI 48221

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

List Price
$250,000
Price Change
▼ $150,000 1789663208
Days on Market
172
MLS#
20261023649
Status
ACTIVE
Type
Commercial

Property Description

**PRICED TO SELL | OFFER DEADLINE OCT 1st, 2026 | OPEN SHOWINGS TO PUBLIC TUESDAY, SEP 29th 1-2:30 PM** Incredible opportunity to own this expansive commercial property in the Bagley district. Built in 1934, with original limestone and terrazzo features on the exterior, options are plentiful for this building once restored. Offering 21,805 sqft of space, split amongst 6 different store fronts, perfect for local small business retailers. Located on revitalized and pedestrian friendly W. McNichols with bike lanes, extended side walks, and established businesses. Street parking and municipal parking lot across the street. Sitting across the street from First Merchants Bank, kitty corner to Metro Detroit Barber College and only a 10 minute walk to University of Detroit Mercy and Marygrove Conservancy and more. Property needs extensive renovations. The only usable space is occupied by a non-paying tenant operating as a bar/restaurant. Seller reserves right to decline offers at list price. Current list price is to encourage multiple bids. Water, Sewer & Property Tax bills amounting to approximately $25,000 will be Buyers responsibility.

Additional Information

Taxes
$11,529
Acres
0.52
School District
Detroit
Water
Public

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Listing Agent: Daniel Ericksen from Listing Office: O'Connor Realty Detroit, LLC.

© 2026 Southwestern Michigan Regional Information Center, LLC. All rights reserved. Information deemed reliable but not guaranteed. The properties on this website come in part from the Broker Reciprocity Program of the Member MLSs of the Southwestern Michigan Regional Information Center. Data last updated .