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!
Listed By
Agency Name: Own It Realty
Agency Phone: (313) 395-0000
Shown By
Agent Name: Scott Griffith
Agent Phone: (810) 227-1016 ext. 208
Agency Title: Griffith Realty
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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 sgriffith.griffithrealty.com today.