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$1,250,000
New Listing

4200 Woodward Avenue
Detroit City, MI 48201

For Sale|Commercial Sale|Active
0
Beds
0
Total Baths
6,781
SqFt
$184
/SqFt
1936
Built
Subdivision:
NESTER MC MILLAN & PONDS
County:
Wayne
Call Now: 888-825-1420
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888-825-1420
4200 Woodward Avenue4200 Woodward Avenue4200 Woodward Avenue4200 Woodward Avenue
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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.

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Listing Snapshot
Price 
$1,250,000
Days On Site 
0 Days
Bedrooms 
N/A
Inside Area (SqFt) 
6,781 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.15 Acres
Year Built 
1936
MLS® Number 
20261024470
Status 
Active
Property Tax 
$11,454.95
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Public Records
Friends & Family
Recent Activity
5 hours agoListing first seen on site
5 hours agoListing updated with changes from the MLS®
General Features
Acres 
0.15
Additional Property Use 
CommercialRetail
Cross Street 
Woodward Ave and E Willis Street
Foundation 
Block
Levels 
One
Sewer 
Public Sewer
Special Circumstances 
Standard
SqFt Above 
6781
SqFt Total 
6781
Water Source 
Public
Zoning 
Commercial
Interior Features
Heating 
Forced AirNatural Gas
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Exterior Features
Construction Details 
BlockBrick
Community Features
Financing Terms Available 
CashConventional1031 ExchangeTrade
MLS Area 
Area05043DetLivernoisI756GdRiver
School District 
Detroit
Schools
School District
Detroit
Elementary School
Unknown
Middle School
Unknown
High School
Unknown
Listing courtesy of National Realty Centers, Inc: [email protected]



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Neighborhood & Commute
Source: Walkscore
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