17422 Woodward AveDetroit, MI 48203

For Sale
$400,000

Detroit Investment Opportunity: High-Traffic Location

Overview

Added:
Dec 11, 2024
Days on market:
93
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
Other retail properties, Individual retail 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
17422 Woodward Ave, Detroit, Michigan

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17422 Woodward Ave
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