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Jessica A Wilson

jannewilsonrealtor@gmail.com +1(313) 399-5605

$ 250,000

Est. payment | -/mo

21,805 SqFt

Save

$ 250,000

Est. payment | -/mo

Save

21,805 SqFt

Key Details

Property Type Commercial

Sub Type RealEstateOnly

Listing Status Active

Purchase Type For Sale

Square Footage 21,805 sqft

Price per Sqft $11

Subdivision Palmer Blvd Estates Sub

MLS Listing ID 20261023649

Year Built 1934

Lot Size 0.520 Acres

Acres 0.52

Property Sub-Type RealEstateOnly

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.

Location

State MI

County Wayne

Area Area05041Det68Grflddequindre

Interior

Fireplace No

Exterior

View Y/N No

Garage false

Building

Foundation Slab

Sewer Public Sewer

Water Public

New Construction No

Schools

School District Detroit

Others

Senior Community false

Acceptable Financing Cash, CovenantDeed

Listing Terms Cash, CovenantDeed

Special Listing Condition ShortSale, Standard

Listed by Daniel Ericksen of O'Connor Realty Detroit, LLC

Schools and Properties Nearby

Find out why customers are choosing LPT Realty to meet their real estate needs

+1(313) 399-5605

jannewilsonrealtor@gmail.com

6838 Park Ave, Allen Park, MI 48101-2036, USA

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7500 W McNichols RD Detroit, MI 48221