For Sale
8500 W McNichols Road, Detroit, MI 48221
$350,000
MLS # 20261004816 (Realcomp)
Built 19380.07 acres
1 / 5
Listing Description
Versatile, income – producing commercial property, located directly across from Mary Grove College campus. This unique building currently features a clothing, boutique, hair salon, and even has a studio apartment. Offering multiple revenue streams of income under one roof. Ideal for investor, owner/operators, or entrepreneur, high visibility location with flexible use potential. Suitable for retail, beauty services, office space, creative Studios, or live – work arrangements. Recent updates and a strategic location near ongoing redevelopment make this an excellent long-term investment opportunity.
Source: SparkMLS
About this home
Currently offered at $350,000.
Estimated annual property tax: $4,890, or about $408 monthly. Estimate is based on county assessor records and current millage rates; actual tax may vary with PRE status and recent assessment changes.
Electric service is provided by DTE Electric Company; natural gas by DTE Gas Company. Fiber internet is available at this address with download speeds up to 5,000 Mbps across 8 providers.
Listing Property Details
Property TypeCommercial Sale
Bathrooms0
Lot Size0.07 acres
Year Built1938
Location
CityDetroit
Zip Code48221
CountyWayne
School DistrictDetroit
Construction & Systems
HeatingForced Air
WaterPublic
Sale & Financing
Listed1/22/2026
Source: SparkMLS
Tax Information
Annual Tax$906
Tax Year2025
State Equalized Value$59,500
Assessed Value$59,500
Parcel #16008202.
Source: Public Records
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Not Eligible
Verify eligibility at USDAListed by Yvonne Velez
Dedicated Realty LLC
Frequently Asked Questions about 8500 W McNichols Road, Detroit, MI 48221
Which school district serves 8500 W McNichols Road, Detroit, MI 48221?
Per MLS# 20261004816, 8500 W McNichols Road, Detroit, MI 48221 is in the Detroit boundaries. School district assignments are determined by property location and may differ from the mailing city. Contact Detroit directly to confirm enrollment eligibility.
What are the property taxes at 8500 W McNichols Road, Detroit, MI 48221?
Per public tax records, annual property taxes for this property are $1,738. Michigan property taxes are based on a property's taxable value multiplied by the local millage rate. Primary residences qualify for a homestead exemption that lowers the rate.
Can I use a USDA Rural Development loan for this property?
Per USDA Rural Development boundary data, 8500 W McNichols Road, Detroit, MI 48221 is not in an eligible area. USDA eligibility is based on property location — properties within designated urban zones are excluded. Other low-down-payment options (FHA, VA) may still be available.
Is 8500 W McNichols Road, Detroit, MI 48221 in a flood zone?
Per FEMA flood maps, this property is designated as Zone X, a minimal-risk flood area. Flood insurance is not typically required in this zone but may still be advisable. FEMA flood maps are updated periodically — verify the current designation at msc.fema.gov.
What internet service is available at this address?
Per FCC Broadband Data Collection filings, fiber internet is available at 8500 W McNichols Road, Detroit, MI 48221. The maximum advertised download speed is 5.0 Gbps. 8 internet providers serve this address. Confirm availability and speeds directly with providers.
What utilities serve 8500 W McNichols Road, Detroit, MI 48221?
Per Michigan Public Service Commission service territory data: Electric: DTE Electric Company. Gas: DTE Gas Company. Water: Public. Confirm service details directly with providers.
What is the crime rate in this area?
For crime and public safety data, we recommend inquiring directly with the source. Wayne County is served by CLEMIS (Courts and Law Enforcement Management Information System), which provides public safety data for Southeast Michigan law enforcement agencies.
Map
Tax Estimate
$
Annual tax$4,890
Monthly$408
Millage rate82.1844 mills
Municipality: Detroit
School district: DETROIT CITY SCHOOL DISTRICT
County: Wayne
Estimate based on SEV for a new buyer (taxable value resets to SEV on transfer). Actual taxes may vary. MI Treasury PT Estimator
Mortgage Calculator
$
%
$
$
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Monthly payment$2,678
Principal & interest$2,270
Property taxes$408
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
Internet
FiberDownload
5 Gbps
Upload
5 Gbps
FiberCableGSO SatelliteDSLSatelliteLicensed Fixed Wireless
8 providers at this address
FCC Broadband Data Collection (Dec 2025). Max advertised speeds.
Utilities
DTE Electric Company
Investor-Owned
DTE Gas Company
Investor-Owned
MI Public Service Commission service territory boundaries.
Property
8500 W McNichols Road, Detroit, MI 48221
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Neighborhood
Bagley
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Community
Detroit
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County
Wayne County
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