For Sale
$400,000

17422 Woodward Ave Detroit, MI 48203

Detroit Investment Opportunity: High-Traffic Location

Overview

Added:
Dec 11, 2024
Days on market:
136
This exceptional mixed-use property, located at 17422 & 17428 Woodward Avenue in Detroit, Michigan, presents a compelling value-add investment opportunity. The property consists of two, two-story buildings totaling 0.07 acres, built in 1925 and zoned B4. Currently in shell condition, requiring complete rehabilitation, this property offers significant upside potential. Situated across from Palmer Park and the Detroit Golf Club, the buildings benefit from high visibility on a major thoroughfare with over 30,000 vehicles passing daily. The versatile space is ideal for a variety of uses, including medical offices, beauty salons, or professional businesses, with upper-level units easily adaptable into apartments. The asking price is $400,000. The sale includes both buildings, but excludes the existing billboard. This is an "as is" sale; buyers are responsible for verifying all information. This prime location offers unparalleled potential for businesses seeking high traffic and visibility in a rapidly developing area of Detroit. The property's strategic location and substantial potential for redevelopment make it an attractive investment for discerning buyers.

Highlights

  • $400,000 asking price for a mixed-use property.
  • Two-building, two-story property totaling 0.07 acres.
  • Located at 17422 & 17428 Woodward Ave, Detroit, MI 48203, across from Palmer Park and Detroit Golf Club.
  • B4 zoning.
  • Built in 1925, currently a shell requiring complete rehab; ideal for medical, retail, or office use with potential apartment conversions.

Property Details for 17422 Woodward Ave

Property type
Retail properties, Office properties
Year Built
1925
Buildings
2
Stories
2
Lot Size (sq. ft)
3,049 SF

Location Insight

City
Detroit
County
Wayne
State
Michigan
Latitude
42.419161573348
Longitude
-83.105989329768

FAQs

What type of property is this?
Retail property - Detroit Investment Opportunity: High-Traffic Location
Where is the retail property located?
The property is located at 17422 Woodward Ave Detroit, MI.
What is the asking price?
The asking price for this property is $400,000.
What are key features of this property?
This property features: $400,000 asking price for a mixed-use property.; Two-building, two-story property totaling 0.07 acres.; Located at 17422 & 17428 Woodward Ave, Detroit, MI 48203, across from Palmer Park and Detroit Golf Club.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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17422 Woodward Ave
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