19600 Woodward AveDetroit, MI 48203

Property Details for 19600 Woodward Ave

Year built

1943

Lot size

2.59 AC

Property size (Sq ft)

41,380 SF

Zone code

B4

Property type

Bowling alleys

APN

01009831-2

APU

10098312

Description

This exceptional investment opportunity presents a 41,380 square foot, free-standing building situated on a 2.59-acre lot in Detroit, Michigan. Originally constructed in 1943 and renovated in 2000, the property boasts a thriving 40-lane bowling center, currently operating at 50% occupancy, offering significant upside potential. Included in the sale are three valuable liquor licenses. The property features two buildings, with ample parking for 126 vehicles. The B4 zoning allows for diverse retail uses, expanding possibilities beyond the existing bowling alley. The location on Woodward Avenue sees 23,689 vehicles daily, and is within three miles of a population of 131,000. This presents a unique chance to acquire both the established business and the real estate, creating a lucrative investment in a high-growth area. The property's size and zoning offer flexibility for expansion or repurposing the second building into additional entertainment or retail space. The asking price is $2,500,000, with a land value of $60.42 per square foot. This is a rare opportunity to own a significant piece of Detroit's commercial landscape. The property's address is 19600 Woodward Ave, Detroit, MI 48203. APN: 01009831-2.

• Alternative Use

  Use

  Valuation

  Residential

  $9,851,059

  Hospitality

  $9,023,517

  Educational

  $7,507,460

  Medical

  $7,765,654

  Retail

  $11,678,271

Location Insight

City

Detroit

County

Wayne

State

Michigan

Latitude

42.4373

Longitude

-83.1177

CBSA code

19820

CBSA name

DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

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.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].