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18830 Woodward Ave 3,035 SF Retail Building Detroit, MI 48203 $399,000 ($131.47/SF) 10.90% Cap Rate
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
$399,000
Price Per SF
$131.47
Cap Rate
10.90%
NOI
$43,476
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
Nearby Major Retailers
Property Taxes
| Parcel Number | 01-0097901 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $98,300 |
Property Taxes
Parcel Number
01-0097901
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$98,300
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Presented by
Asker Partners, PC
18830 Woodward Ave
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