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    6532 Woodward Ave Detroit, MI 48202

    For Sale
    $1,400,000

    8,856 SF retail building in Detroit's New Center.

    Lot size:
    0.23 Acres

    Property Features for 6532 Woodward Ave

    General Information

    Lot size
    0.23 Acres

    Building Details

    Year built
    1928

    Source: O'Connor Realty Detroit, LLC Agent Vincent Mazzola

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    New Center Retail Building

    Located on Woodward Avenue in New Center, this 8,856-square-foot retail building was originally constructed as the home of Sanders Fudge. The property features an original marble façade with glass storefronts, exposed brick walls, and concrete floors. A barrel-vault ceiling with ornamental plasterwork is present, which may be restored or removed to create additional ceiling height. The basement consists of 7,921 square feet with 12-foot ceilings. There is also 1,401 square feet of outdoor space. The building is located near Baobab Fare, YumVillage, Supino, Joe Louis Southern Kitchen, the Fisher Building, and the new Henry Ford Hospital expansion.
    Insight Report Location Intelligence

    Current Use by Public Records

    Storefront properties

    Suggested Use

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

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

    Similar Places Nearby

    Grace Harper Florist, Eloquent Petals & Blumz Florist, LaShee Floral & Events

    Location Insight

    • Map
    • Local Demand
    City
    Detroit
    County
    Wayne
    State
    Michigan
    Longitude
    -83.0723697
    Latitude
    42.3698094

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    FAQs

    What type of property is this?
    Storefront property - 8,856 SF retail building in Detroit's New Center.
    Where is this storefront property located?
    The property is located at 6532 Woodward Ave Detroit, MI.
    What is the asking price?
    The asking price for this property is $1,400,000.
    What are key features of this property?
    This property features: - Prime location on Woodward Avenue in New Center.; - Large retail space: **8,856 sq ft building with a 7,921 sq ft basement.**; - Original architectural details: **Marble facade, exposed brick, and barrel-vault ceiling.**
    (313) 963-9891
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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
    6532 Woodward Ave Detroit, MI 48202
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