4200 Woodward AVE, Detroit, MI 48201
$1,250,000
Est.Price: ?

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6,781 SqFt

4200 Woodward AVE Detroit, MI 48201

Est. payment /mo
SOLD DATE : 09/15/2026

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Key Details

Property Type Commercial

Sub Type RealEstateOnly

Listing Status Sold

Purchase Type For Sale

Square Footage 6,781 sqft

Price per Sqft $200

Subdivision Nester Mc Millan & Ponds

MLS Listing ID 20261024470

Sold Date 09/15/26

Year Built 1936

Lot Size 6,534 Sqft

Acres 0.15

Property Sub-Type RealEstateOnly

Property 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.

Location

State MI

County Wayne

Area Area05043Detlivernoisi756Gdriver

Interior

Heating Forced Air, Natural Gas

Fireplace No

Exterior

View Y/N No

Garage false

Building

Foundation Basement, Block

Sewer Public Sewer

Water Public

New Construction No

Schools

School District Detroit

Others

Senior Community false

Acceptable Financing Cash, Conventional, Trade1031Exchange

Listing Terms Cash, Conventional, Trade1031Exchange

Special Listing Condition ShortSaleNo, Standard

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Realcomp MLS
Listed by Bonnie Juras of National Realty Centers, Inc
Bought with Unidentified Office

NEARBY SCHOOLS & BUSINESSES

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Cyrus Wheeler

Cyrus Wheeler

Broker License ID: 6501414673

+1(313) 482-7432

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