1-844-REMERICA
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4200 Woodward Avenue , Detroit, MI 48201

$1,250,000.00
  • 4200 Woodward Avenue , Detroit, MI 48201 Main Photo

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New to the Market Active
SQUARE FEET6,781 MLS#20261024470
STATUSActive PROPERTY TYPECommercial - Retail SUBDIVISIONNester Mc Millan & Ponds SCHOOLDetroit

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.

Property Features

Property Type: Commercial - Retail
Lot Size: 0.15 Acres
Year Built: 1936

Feature Descriptions

Exterior: Block, Brick
Foundation: Basement
Frontage Feet: 162
Lot Dimensions: 0.15 Acre(s)
Road Frontage: Class A
Summer Tax: $9059.4600
Winter Tax: $2395.4900

Local Schools

School District: Detroit

Listed By / Shown By

Listed By

Agency Name: National Realty Centers, Inc
Agency Phone: (248) 724-1234

Shown By

Agency Title: Remerica Real Estate
Agency Phone: 734-459-4500

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