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18830 Woodward Ave 3,035 SF Retail Building Detroit, MI 48203 $544,898 CAD ($179.54 CAD/SF) 10.90% Cap Rate
Investment Highlights
- Located along the well-traveled Woodward Avenue corridor, providing strong visibility and accessibility.
- On-site surface parking available with approximately 19 spaces for customers and employees.
- Convenient access to major transportation routes and public transit, with commuter rail stations within a short drive.
- Approximately 0.20-acre lot with B4 zoning, supporting a range of commercial uses.
Executive Summary
Amazing retail or professional opportunity directly on Detroit/Michigan’s premier thoroughfare that is ready for immediate occupancy. It has been previously used as medical office and retail space. Daily traffic counts exceeding 20,000. Exceptional signage with a large illuminated pylon sign.
Seller financing available, subject to final documents, w/ 20% down at 9.5%.
For more information or a showing, please call Paul Asker @ 734-718-4698. DREG 1, Llc.
Seller financing available, subject to final documents, w/ 20% down at 9.5%.
For more information or a showing, please call Paul Asker @ 734-718-4698. DREG 1, Llc.
Property Facts
Sale Type
Investment or Owner User
Sale Conditions
Property Type
Building Size
3,035 SF
Building Class
B
Year Built/Renovated
1967/2017
Price
$544,898 CAD
Price Per SF
$179.54 CAD
Cap Rate
10.90%
NOI
$59,373 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.28
Lot Size
0.25 AC
Zoning
B4 - General Business Distrcit
Parking
19 Spaces (6.26 Spaces per 1,000 SF Leased)
Frontage
Fairly walkable
40/100
Exceptionally drivable
90/100
Some public transit
40/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 01-0097901 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $134,964 CAD |
Property Taxes
Parcel Number
01-0097901
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$134,964 CAD
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Presented by
Asker Partners, PC
18830 Woodward Ave
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