Fully Leased Midtown Investment Property

4200 Woodward Ave, Detroit, MI 48201

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For Sale

$1,250,000

100% occupied mixed-use property in Midtown Detroit.

Type:Commercial

HighLights

10% CAP rate with modified triple‑net lease structure resulting in virtually zero landlord expenses.
Fully leased, 100% occupied mixed‑use building in the heart of Midtown Detroit.
Prime Woodward Avenue frontage (162 feet) with direct QLine streetcar access.
Located near major hospital and college campuses, ensuring consistent foot traffic.
Embedded value: three commercial vented hoods, restaurant equipment, and rooftop billboard lease generating passive income.
Independent mechanical systems for each unit (HVAC, water heaters, electrical).

We can help!

Listing Contact

Bonnie Juras

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For Sale

$1,250,000

100% occupied mixed-use property in Midtown Detroit.

Type:Commercial

Added:: Apr 24, 2026
Days on Market:: 52
Last Refresh:: Apr 24 at 3:35 pm

Property Features for 4200 Woodward Ave

General Information

Standard status: Active
Property subtype: Commercial

Building Details

Year Built: 1936

We can help!

Listing Contact

Bonnie Juras

Listing agent Bonnie Juras

Listing office

Listing date Apr 24, 2026

Source Elliman

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

All listing content including descriptions, pricing, images are the copyrighted material of Bonnie Juras

HighLights

10% CAP rate with modified triple‑net lease structure resulting in virtually zero landlord expenses.
Fully leased, 100% occupied mixed‑use building in the heart of Midtown Detroit.
Prime Woodward Avenue frontage (162 feet) with direct QLine streetcar access.
Located near major hospital and college campuses, ensuring consistent foot traffic.
Embedded value: three commercial vented hoods, restaurant equipment, and rooftop billboard lease generating passive income.
Independent mechanical systems for each unit (HVAC, water heaters, electrical).

Overview

This fully leased, 100% occupied mixed-use investment property is located in the heart of Midtown Detroit. The four-unit building at 4200 Woodward Avenue features one retail space and three restaurant units. The property has 162 feet of frontage on Woodward Avenue and direct QLine streetcar access. The location is near major hospital campuses and two college campuses. Each unit operates with independent mechanical systems, including individual rooftop HVAC, separate water heaters, and updated electrical systems. The building includes three commercial vented hoods, restaurant equipment, and a rooftop billboard lease. The roof was inspected in 2025 and confirmed to be in great condition. Several electrical panels were updated in 2026. The location has a bikeScore of 82, a walkScore of 89, and a transitScore of 59.

Location Intelligence

Current Use by Public Records

Any Vegan Way Restaurant

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Location Insight

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Local Demand

City: Detroit
County: Wayne
State: Michigan
Longitude: -83.0605559
Latitude: 42.3521477

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For sale
Mixed-use properties
MI
Detroit
48201
4200 Woodward Ave

What type of property is this?

Mixed-use property - 100% occupied mixed-use property in Midtown Detroit.

Where is this mixed-use property located?

The property is located at 4200 Woodward Ave Detroit, MI.

What is the asking price?

The asking price for this property is $1,250,000.

What are key features of this property?

This property features: 10% CAP rate with modified triple‑net lease structure resulting in virtually zero landlord expenses.; Fully leased, 100% occupied mixed‑use building in the heart of Midtown Detroit.; **Prime Woodward Avenue frontage (162 feet) with direct QLine streetcar access.**