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Investment Highlights
- Brand new retail building available for purchase.
- Flexible layout supports a variety of commercial uses.
- Situated on approximately 0.17 acres.
- Positioned along East McNichols Road in Detroit.
- Land contract terms are available.
- Standalone building with owner-user or investment potential.
Executive Summary
5808 E. McNichols Road presents an opportunity to acquire a newly constructed retail building in Detroit, Michigan. Positioned along East McNichols Road, the property offers owner-users and investors a compact commercial asset with flexibility for a variety of retail, service, office, or neighborhood-oriented business uses. Its location within an established Detroit corridor provides access to surrounding residential communities and nearby commercial activity that supports daily customer demand.
The building contains approximately 1,500 square feet and sits on approximately 0.17 acres. As a newly built structure, the property offers a modern foundation for occupancy while minimizing the capital improvements often associated with older retail assets. The layout is adaptable to a range of commercial operations, providing flexibility for entrepreneurs, local businesses, and owner-operators seeking a standalone location.
The property's manageable size, multiple potential use options, and available land contract terms create additional flexibility for prospective buyers. Whether purchased for owner occupancy or long-term investment, the building offers an opportunity to establish a presence along a Detroit commercial corridor while benefiting from the functionality of a new construction asset.
The building contains approximately 1,500 square feet and sits on approximately 0.17 acres. As a newly built structure, the property offers a modern foundation for occupancy while minimizing the capital improvements often associated with older retail assets. The layout is adaptable to a range of commercial operations, providing flexibility for entrepreneurs, local businesses, and owner-operators seeking a standalone location.
The property's manageable size, multiple potential use options, and available land contract terms create additional flexibility for prospective buyers. Whether purchased for owner occupancy or long-term investment, the building offers an opportunity to establish a presence along a Detroit commercial corridor while benefiting from the functionality of a new construction asset.
Property Facts
Sale Type
Investment
Property Type
Retail
Building Size
1,500 SF
Building Class
C
Year Built
2021
Price
$303,343 CAD
Price Per SF
$202.23 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.20
Lot Size
0.17 AC
Zoning
B4 - Business use
Frontage
Amenities
- Bus Line
- Corner Lot
- Fenced Lot
Fairly walkable
40/100
Very drivable
80/100
Limited public transit
30/100
Fairly bikeable
50/100
Property Taxes
| Parcel Numbers | Improvements Assessment | $0 CAD | |
| Land Assessment | $0 CAD | Total Assessment | $125,705 CAD |
Property Taxes
Parcel Numbers
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$125,705 CAD
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5808 E McNichols Rd
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