4200 Woodward Avenue Detroit, MI $ 1,250,000
4200 Woodward Avenue
$ 1,250,000
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4200 Woodward Avenue

Detroit, MI, 48201
$ 1,250,000
Bedrooms-- Baths-- Sq 6,781

Monthly Estimate*

$ 7,696

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Commercial Property for sale in Detroit, MI

for $1,250,000. This 6,781 square foot building was built on a lot size of 0.15.

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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Commercial Active

Price

$ 1,250,000

Property Type

Commercial

Taxes

$ 11,454

Style

Commercial/Industrial

Lot Size

0.15

Town/City

Detroit

County/Region

Wayne

MLS | Web ID

60984557

Features
General
Heating Forced Air
Possession At Close
Water Public Water
Status Active Active
Year Built 19
Subdivision Nester Mc Millan & Ponds MI
County Wayne
Class COM/IND/BUS OPP
Type Commercial/Industrial
Ownership Private
Municipality Detroit
Zoning Commercial
Sale/Rent For Sale
Status Detail 0
Area Detroit (82001)
Primary City Detroit
Directions Woodward Avenue North of Mack Avenue and South of Canfield.
City Detroit
Financial Terms Cash Conventional Exchange/Trade
Legal Description E WOODWARD PT OF LOTS 1-2-3 EXC E 135 FT EXC WOODWARD AVE AS WD NESTER MC MILLAN & PONDS L6 P79 PLATS
DOM 3
Postal Code 48201
Price Per Sq Ft Total AG 184.34
Public Remarks Rare fully leased
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Exterior
Exterior Brick
Frontage 162
Lot Size Area 0.15
Lot Dimensions 161.5X36.36
Roads Class A
Waterfront Y/N No
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Interior
Fuel Type Natural Gas
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* Excluded Features
List By
Bonnie Juras

Listing Agent

National Realty Centers, Inc

Broker

bonnie@bonflourish.com

Email

Affordability Calculator

$8,651
Per Month
89%
11%
0%
Monthly Principal & Interest
$7,696
Monthly Property Taxes
$955
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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
4/16/2026$1,250,000 Listed Price

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4200 Woodward Avenue, Detroit, MI, 48201 is a Commercial Property for sale at $1,250,000 with 6,781 sqft and a lot size of 0.15. The property's zip code is 48201 which is in Detroit, MI