- For Sale $495,000
- Property Type Retail - Street Retail
- Property Size 4,800 SF
- Lot Size 0.1 Acre
- Property Tenancy Multi-Tenant
- Year Built 1926
- Year Renovated 2021
- Date Updated Oct 21, 2026
Description
Positioned in Detroit’s East of Woodward Submarket, the area south of McNichols and east of Davison Street offers investors access to an established urban corridor within Wayne County. The location benefits from connectivity to surrounding Detroit neighborhoods and a setting along East McNichols Road that supports visibility and everyday accessibility. Nearby Conley Street and Davison Street further reinforce local circulation throughout the submarket. For mixed-use multifamily / retail investors, this section of Detroit presents a recognizable infill environment with proximity to neighborhood-serving commercial activity and the broader demand drivers associated with a centrally located Detroit address.5034 E McNichols Rd presents a compelling mixed-use retail investment opportunity in a 4,800 SF, two-story building originally constructed in 1926 and renovated in 2021. The property features two first-floor retail units of 1,200 SF each, with the potential to create contiguous space, along with two second-floor residential loft units configured as 2-bedroom, 1-bath layouts. The building is being offered vacant, creating flexibility for an owner-user or investor.
Additional features include a 1,200 SF basement framed for future office or room buildout, ample natural light with two windows per unit, an overhead door, 40 feet of frontage, and city water, sewer, and natural gas. The property is zoned B4 General Business District and is located within a Qualified Opportunity Zone. There is also an opportunity to assemble with lots owned by the Detroit Land Bank.
Highlights
- 2,400 SF, two residential loft units on second floor (2 Bed, 1 Bath)
- 2,400 SF, two retail units on first floor (1,200 SF each), contagious space
- 4,800 SF with Basement (1,200 SF)
- 40 ft Frontage
- Ample natural light with two windows per unit
- B-4 General Business District
- Basement is framed to build out for additional office/rooms
- City Water & Sewer, Natural Gas
- Located just off the hard corner, signalized light at McNichols & Davison St
- Overhead Door
- Side street at Conley St and McNichols
False
Contacts
Wendy Acho
NAI Farbman
Location
Located at 5034 E Mcnichols Rd, Detroit, MI 48212, this property is part of the Davison neighborhood and Detroit market.
Contact Listing Broker
Wendy Acho
NAI Farbman