6432 Woodward Ave - Storefront FOR SALE


Detroit, MI 48202- Milwaukee Junction
$795,000 USD
248-353-0500
6432 Woodward Ave, Detroit, MI for Sale
$795,000 USD
Storefront - FOR SALE
1/15
null | Request Cap Rate

6432 Woodward Ave
Detroit, MI 48202
Milwaukee Junction


HIGHLIGHTS

  • Transferable 10-year incremental tax abatement is in place.
  • Parking lot access and alley easement improve site functionality.
  • Opportunity Zone location may benefit qualifying investments.

OVERVIEW

• 5,574 SF Building + 28 E Milwaukee Ave Entrance Parking Lot and Alley Way Easement • Incremental Tax Abatement : 10 Years (Transferable) • New HVAC cut-in’s are Complete (No Interior Distribution) • New Roof on the 2nd & 3rd Floors • New Sewer Line • New 800 amp Service – New Pole by DTE (No Interior Distribution) • Updated all Building Structural Support • Dug Out Basement & Poured New Walls for Additional Support for Potential Rooftop Use • Exposed Natural Brick on Both Floors • Removed all Debris • Added Footings for an Additional Staircase

FOR SALE DETAILS

PRICE

$795,000 USD

PRICE/SF

$143 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1909

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.19 AC

LAND SF

8,276 SF

ZONING

CM

APN/PARCEL ID

01-004281,01-004282

ASK ABOUT THIS PROPERTY

Gavin MillsNAI FarbmanMore Info
248-353-0500

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

Gavin MillsNAI FarbmanMore Info
248-353-0500

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.