Please check your email for your login details.6400 Sq FT
$399,900
$62.48 Price per Sq Ft
Highlights
AlleyAccessParkingLotOnSiteOnStreet
About This Home
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!
Listing Agent
Hassan Shukr
Own It Realty
Listed on : July 1, 2026
Activity
Days on Market:46
Home Details
Home Type
- Commercial
Est. Annual Taxes
- $1,946
Year Built
- Built in 1946
Lot Details
- 0.29 Acre Lot
- Lot Dimensions are 120X105
Parking
- AlleyAccess
- ParkingLot
- OnSite
- OnStreet
Home Design
Interior Spaces
- 6,400 Sq Ft Home
Kitchen
Flooring
Bedrooms and Bathrooms
Laundry
Finished Basement
Home Security
Pool
Outdoor Features
Location
- DetroitCity_Wayne, Michigan
- Wayne County
- Postal Code: 48235
Utilities
- ForcedAir, NaturalGas
- Water Source: Public
- Sewer: PublicSewer
About the Showing Agent
Hassan Scheib
Own It Realty
Contact Hassan
As a leading Real Estate investment broker, native Detroiter, and family man, Hassan Scheib commands a firm grasp of investing in the Detroit Metro area. His experience and native intuition have led him from success to success as he has overseen property sales, acquisitions, inspections, construction, and tenant placement. Hassan combines keen business acumen, finance know-how, transparency, and ethics with every deal, and he is skilled in Portfolio Sales, Investor Relations, Strategic Planning, Marketing & Management. Above all else, he understands that the client is at the center of the deal and knows how to listen to their needs, roll up his sleeves, and offer them first-class customized service. Committed and attentive, Hassan is always ready to dip into his expansive professional network, industry experience, care, and meticulous attention to detail to help clients reach their goals.
Map
Hassan Scheib