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    8296 Woodward Ave Detroit, MI 48202

    For Sale
    $8,300,000

    Business And Real Estate - Detroit, MI

    Property size:
    13,626 SF
    Lot size:
    0.32 Acres
    Days on Market:
    39
    Last Refresh:
    Dec 13 at 1:06 pm

    Property Features for 8296 Woodward Ave

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Commercial
    APN
    W01I004320S
    Size
    13,626 SF
    Lot size
    0.32 Acres

    Building Details

    Year built
    1914
    Floors in Building
    3
    Building materials
    Brick
    Architectural style
    Other

    eXp Realty (888) 501-7085 [email protected]

    Listing agent Derrick Garland (888) 501-7085

    Listing date Nov 5, 2025

    MLS# 20251047682 Listing URL

    Copyright © 2025 Realcomp Limited II. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Detroit Mixed-Use Investment Opportunity

    Located in the New Center area of Detroit, this property presents a business and real estate investment opportunity. The property includes the Turkey Grill of Detroit, a restaurant known for its turkey wings and zip sauce. The sale includes the real estate building, which features 70,000 square feet of space. The building includes eleven 1-bedroom apartments on the upper floors, with eight units currently occupied by paying tenants. Additionally, there are three retail suites, each with its own address and private basement. A gated parking lot is located at the back of the building and is buildable upon with city approval. The lot size is 0.32 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Aspects Automotive Auto Repair Shop

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Natural Pours, Jeff's Over The Top Catering, Phoenix2Egypt Catering

    Location Insight

    • Map
    • Local Demand
    City
    Detroit
    County
    Wayne
    State
    Michigan
    Longitude
    -83.0766051
    Latitude
    42.3761277

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    FAQs

    What type of property is this?
    Restaurant - Profitable restaurant, apartments, retail suites, and development potential.
    Where is this restaurant located?
    The property is located at 8296 Woodward Ave Detroit, MI.
    What is the asking price?
    The asking price for this property is $8,300,000.
    What are key features of this property?
    This property features: - Established Business: Sale includes the well-known and long-standing Turkey Grill of Detroit.; - Prime Real Estate: Located on Woodward Ave in Detroit's New Center area.; - Sizeable Building: 70,000 sqft building included in the sale.
    (888) 501-7085
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    Detroit, MI 48202
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    8296 Woodward Ave Detroit, MI 48202
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