$1,250,000

Untitled Listing

Detroit, Michigan 48201

Midtown Neighborhood

6781 Sq FT

$184.34 Price per Sq Ft

Highlights

About This Home

Rare fully leased, 100% occupied mixed-use investment in the heart of Midtown Detroit — one of the city's most dynamic and fast-growing commercial corridors. This four-unit building at 4200 Woodward Avenue. 10% CAP rate | modified triple-net lease structure | landlord expenses at virtually zero. One retail space and three restaurant units sit on 162 feet of prime Woodward Avenue frontage with direct QLine streetcar access at the door. Surrounded by major hospital campuses and two college campuses, this location generates consistent, recession-resistant foot traffic seven days a week. Each unit operates with fully independent mechanical systems — individual rooftop HVAC, separate water heaters, and updated electrical. The building is loaded with embedded value: three commercial vented hoods, restaurant equipment, and a rooftop billboard lease generating additional passive income. Roof inspected by specialist in 2025 and confirmed in great condition. Several electrical panels updated in 2026. For investors seeking a truly passive, high-yielding commercial asset in a proven central corridor — with strong tenant retention built into the infrastructure itself — this property checks every box. Full lease details and rent roll available upon execution of LOI.

Listing Agent

Bonnie Juras

National Realty Centers, Inc

Listed on : April 13, 2026

Activity

Days on Market:

Home Details

Home Type

CommercialSale

Est. Annual Taxes

$11,455

Year Built

Built in 1936

Lot Details

0.15 Acre Lot
Lot Dimensions are 161.5X36.36

Parking

Home Design

Interior Spaces

6,781 Sq Ft Home

Kitchen

Flooring

Bedrooms and Bathrooms

Laundry

Finished Basement

Home Security

Pool

Outdoor Features

Location

DetroitCity_Wayne, Michigan
Wayne County
Postal Code: 48201

Utilities

ForcedAir, NaturalGas
Water Source: Public
Sewer: PublicSewer

About the Showing Agent

Alaysia Means

eXp Realty

313-758-9413

Contact Alaysia

Michigan Real Estate Professional Alaysia Means is devoted to servicing future home buyers and sellers in the Metro Detroit Area. Alaysia has a great reputation for going above and beyond for her clients. When working with her, you can count on nothing less than exceptional service and knowledge of the Metro Detroit area. Alaysia's main priority is making sure her clients receive the best service. She is committed to giving professional high quality real estate services. Her outgoing personality and relatable character has her going full speed ahead in her career. Alaysia possesses dynamic qualities that set her apart and enable her to successfully achieve the goals of the buyers and sellers she represents.

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