See all 15 photos
15 photos
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$250,000
Est. payment /mo
21,805 SqFt
Open House
Tue Sep 29, 1:00pm - 2:30pm
UPDATED:
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
Read Less Info
©2026 Realcomp II Ltd. Shareholders
Listed by Daniel Ericksen of O'Connor Realty Detroit, LLC
NEARBY SCHOOLS & PROPERTIES
GET MORE INFORMATION
QUICK SEARCH
- Who You Work With Matters!
- Shopping Interest Rates - The Truth!
- Draft Your Real Estate Bench!
- Starting Your Home Search - Making That First Call!
- Hire A Team That Answers Your Calls!
- Compliance fees - What you need to know!
- Getting To Know The Mortgage Consultant
- Married, But Spouse Has Bad Credit?
- Getting To Know Niki @ Title Connect