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15 photos
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$250,000
Est. payment /mo
21,805 SqFt
UPDATED:
Key Details
Property Type Commercial
Listing Status Pending
Purchase Type For Sale
Square Footage 21,805 sqft
Price per Sqft $11
MLS Listing ID 20261023649
Year Built 1934
Annual Tax Amount $11,529
Lot Size 0.520 Acres
Acres 0.52
Lot Dimensions 225.3X100
Source Realcomp
Property Description
**PRICED TO SELL** 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
Zoning Commercial
Direction W McNichols Rd & Livernois
Exterior
View Y/N No
Building
Foundation Slab
Water Public
Structure Type Wood Siding,Stone
Schools
School District Detroit
Others
Tax ID W16I008260C2
Special Listing Condition {"Short Sale Possible":true}
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Listed by O'Connor Realty Detroit, LLC
Nearby School & Business
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Nick Schweihofer
Team Leader, Broker License ID: 6506047709
Team Leader, Broker License ID: 6506047709
REVIEWS
- Nick did an awesome job in helping us find and purchase our condo. He listened to our wants and identified options and in the end we found a good fit for our needs for a vacation home Since we are far from Holland Nick set up a couple video tours to reduce travel. Thanks Nick for all the hard work and insight. We are very excited about our new home!Gordon L
- Nick was awesome to work with! I just went through the process of purchasing my first home and Nick couldn’t have made it any easier. He is super knowledgeable about the industry and the area. He answered all my questions and made sure to point out things I may not be thinking of since it was my first time going through the process. He was attentive, super responsive, easy to talk to, and truly cares about finding his clients a home they’ll love! I’m looking forward to working with him again in the future and would definitely recommend him as an agent!Emily Rzeszutko
- Nick was amazing to work with! This was my first time buying a house. Nick was very patient and took the time to walk me through everything and address all my questions. He was always quick to respond. He was clearly knowledgeable about the area and was great at pointing out and educating me on issues to watch for as we walked through houses. I absolutely recommend Nick to anyone buying or selling a home, and look forward to working with him again in the future!Kayla Kocal
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