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$1,250,000

For Sale

24 days ago

4200 Woodward Ave, Detroit, MI

House

MLS® 20261024470

0 Bed

0 Bath

6781 sqft

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  • Key Facts
  • Description
  • Map

Key Facts

Type 
Levels Commercial Sale
Size 6781 sqft
Garage 
Taxes $11,455
Days Active 23
Lot Size 
Approx. Age 1936
Avg. Price Per Sqft $184
MLS® Number 20261024470

Property Address: 4200 Woodward Ave, Detroit, MI, 48201-1818

Average square foot calculated using Size range provided by listing agent.

Description

Rare fully leased, 100% occupied mixed-use investment in the heart of Midtown Detroit — one of the city's most dynamic and fast-growing commercial corridors. This four-unit building at 4200 Woodward Avenue. 10% CAP rate | modified triple-net lease structure | landlord expenses at virtually zero. One retail space and three restaurant units sit on 162 feet of prime Woodward Avenue frontage with direct QLine streetcar access at the door. Surrounded by major hospital campuses and two college campuses, this location generates consistent, recession-resistant foot traffic seven days a week. Each unit operates with fully independent mechanical systems — individual rooftop HVAC, separate water heaters, and updated electrical. The building is loaded with embedded value: three commercial vented hoods, restaurant equipment, and a rooftop billboard lease generating additional passive income. Roof inspected by specialist in 2025 and confirmed in great condition. Several electrical panels updated in 2026. For investors seeking a truly passive, high-yielding commercial asset in a proven central corridor — with strong tenant retention built into the infrastructure itself — this property checks every box. Full lease details and rent roll available upon execution of LOI.
MLS® Number20261024470
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1936
Basement
Driveway
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Apr 16, 2026List Date
$1,250,000List Price
  • Commute

Commute

Starting Address
Destination Address
4200 Woodward Ave, Detroit, MI

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