18400-18422 WOODWARD Avenue Detroit, MI $ 700,000
18400-18422 WOODWARD Avenue
$ 700,000
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18400-18422 WOODWARD Avenue

Detroit, MI, 48203
$ 700,000
Baths0.0 Sq 8,633

Monthly Estimate*

$ 4,890

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Studio

Commercial Property for sale in Detroit, MI

for $700,000. This 8,633 square foot building was built on a lot size of 0.3.

Calling all Restauranteurs!! 18400 Woodward Ave. & 18422 Woodward Ave.  Detroit, MI 48203   18400 Woodward Ave.  is approx. 5500 sq/ft.   It’s equipped with a commercial kitchen with hood and exhaust.  It has a large 3 compartment commercial dish washing sink.   There is a Wood Fired Pizza Oven that can run on wood and or natural gas.   There are 2 Front Entrances at 18400 Woodward Ave.  The property could be used as 2 separate businesses, or one side could be entry to bar, and other to dining room.  There are three rear entry/exits at the back that go to attached and fenced in parking lot.  This property would make an incredible Bar/Restaurant (See Plans) 18400 Woodward Ave. has an 1850 sq/ft 3 Bedroom, 1 Bath Apartment upstairs that has its only private entry from side street and is currently occupied.   18422 Woodward Ave. is approx. 3100 sq/ft and is a very unique and historic property.  It was built in 1936 and was originally a home and photo studio of a man named Windhurst.  The lower level has a beautiful octagon shaped front room and reception and waiting area in front with a restroom.  The Turret Room, which was originally the photo studio is absolutely stunning. There is a small commercial kitchen, with a small 3 compartment dishwashing sink, but no vent / hood. The Family Room Area has original hardwood floors, and wood burning fireplace.  there is a small break area and restroom off the back as well. The upper level has 4 Bedrooms, all with original hardwood floors.  One of the upper bedrooms has a door to the rooftop patio.  The Basement is partially finished, including a library room with wood burning fireplace. First Paved Mile Woodward Estate is located on the Historic First Mile, the first mile of concrete highway in the world.

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Commercial Active

Price

$ 700,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 3,237

Style

Commercial/Industrial

Lot Size

0.3

Town/City

Detroit

County/Region

Wayne

MLS | Web ID

60298023

Features
General
Possession At Close
Water Community
Status Active Active
Subdivision GRIX HOME PARK SUB OF ELY PT OF LOTS 3 & 4
County Wayne
Class COM/IND/BUS OPP
Type Commercial/Industrial
Percent Ownership Bank Owned
Municipality Detroit
Zoning Commercial
Area Detroit (82001)
Directions East Side of Woodward between 7 Mile and McNichols
City Detroit
Street Name WOODWARD
Financial Terms Cash Conventional
Legal Description E WOODWARD 109 THRU 107 GRIX HOME PARK L29 P53 PLATS W C R 1/172 60 X 120
DOM 26
Price Per Sq Ft 81.08
Coming Soon Calling all Restauranteurs!! 18400 Woodward Ave. & 18422 Woodward Ave.  Detroit
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Exterior
Exterior Block Brick
Frontage 120
Lot Size Area 0.3
Lot Dimensions 60.00 x 120.00
Roads Paved Street
Waterfront Y/N No
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* Excluded Features
List By
Jessica Gaul

Listing Agent

Max Broock Realtors

Broker

jessgaul@gmail.com

Email

Affordability Calculator

$5,159
Per Month
95%
5%
0%
Monthly Principal & Interest
$4,890
Monthly Property Taxes
$270
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
760529 Elementary School
760235 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/4/2024$700,000 Listed Price

Map


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18400-18422 WOODWARD Avenue, Detroit, MI, 48203 is a Commercial Property for sale at $700,000 with 8,633 sqft and a lot size of 0.3. 18400-18422 WOODWARD Avenue is a studio with 0.0 baths. The property's zip code is 48203 which is in Detroit, MI