Freestanding Building for Sale - Detroit, MI

Retail-Commercial for Sale
Catylist Listing ID: 30009473
Property Subtypes: Convenience Store, Day Care Facility, Free-Standing Building, Mixed Use, Restaurant, Retail-Pad, Street Retail, Tavern/Bar/Nightclub, Vehicle Related, Other
Building Size (RSF): 6,720 SF
Gross Land Area: 0.34 Acres
Sale Price: $350,000
Unit Price: $52.08 PSF
Property Use Type: Vacant/Owner-User
Building Name: Detroit, 17715 West McNichols Road
Usable Size (USF): 6,720 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 10/23/2017

Overview / Comments

This is a great retail opportunity located along McNichols Road in Detroit, Michigan. Located less then one block east of Southfield Freeway and just south of Outer Drive, the property is ideally placed for a national or regional retail tenant. The building has great exposure, excellent traffic counts, and ample onsite parking.

Additional Details

Nearest MSA: Detroit-Warren-Dearborn
County: Wayne
Submarket/Township: Detroit W of Woodward
Tax ID/APN: 22013115-23
Zoning: B-2
Retail Clientele: General, Family, Business, Traveler, Tourist, Recreation, Convention, Casino, Other
Property Located Between: M-39 (Southfield Freeway) and Greenfield Road
Property Visibility: Excellent
Largest Nearby Street: M-39 (Southfield Freeway)
Feet of Frontage: 182
Traffic/Vehicle Count: 23,000
Highway Access: M-39 (Southfield Freeway) is 1 block west of property
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 6,720 SF
Property Condition: Average
Year Built: 1955
Roof Type: Flat
Parking Type: Surface
Zoning Description: B-2
Lot Frontage: 182
Lot Depth: 80
Legal Description: S W MC NICHOLS S 80 FT OF LOTS 51 THRU 59 B E TAYLORS RAINBOW SUB L41 P75 PLATS W C R 22/6 183 X 80

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 26,857 186,274 488,596
Median Age: 39.02 37.52 37.38
Households: 10,343 71,906 192,331
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