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Retail Space in Gateway Marketplace
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20404 Woodward Ave, Detroit, MI 48203

Retail space with high visibility in a busy shopping center.

Property Size4,286 SF
Price / SF$128.09
Days on Market347

Property Features for 20404 Woodward Ave

General Information

Standard status Active
Size 4,286 SF
Property subtype Retail
Zoning B-3 Shopping District

Building Details

Buildings 1
Stories 1
Units 1
Listing Agency: Insite Commercial
Listed By: Mojahed Abubars · License #6506046863
Source: Crexi
Added: Sep 10, 2025 Changed: Aug 17 Last Checked: Aug 20 at 8:46PM

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 Insite Commercial

Investment Insights

Based on property information with market context.

This retail property is located within the Gateway Marketplace shopping center, which encompasses 340,000 square feet of retail space. The center includes stores such as Meijer, Marshalls, Planet Fitness, and Five Below. The property benefits from its location just north of the new Amazon fulfillment site, formerly the Michigan State Fairgrounds. The building features an upgraded facade and roof. It offers excellent visibility on Woodward Avenue. The property size is 4,286 square feet.

Key Highlights

  • Excellent visibility on Woodward Ave.
  • Located in the Gateway Marketplace shopping center with 340,000 SF of retail.
  • Outlot location includes Meijer, Marshalls, Planet Fitness, and Five Below.

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Real Estate Agency Restaurant Law Firm Dental Office Building Supply Big Box & Wholesale Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

368
Businesses Nearby
327k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 33% Groceries 31% Dining 22% Apparel 13%
Meijer Groceries
102,458 visits/mo 0.2 miles
Five Below Shops & Services
30,822 visits/mo 0.0 miles
McDonald's Dining
30,187 visits/mo 0.1 miles
Marshalls Apparel
30,146 visits/mo 0.1 miles
Meijer Gas Station Shops & Services
17,795 visits/mo 0.2 miles

Demographics for 48203, MI

22,168
Population
13,591
Households
1.6
Avg Household Size
39
Median Age
19%
College-Educated
85%
High-School Grad
8.2 sq mi
ZIP Area
2,703
Density / Sq Mi
$35,108
Median Household Income
$28,364
Median Earnings
$799
Median Rent
$76,100
Median Home Value

Market

Vacancy Rate% for Retail in Detroit, MI

7.5% 2019
9.2% 2020
8.5% 2021
7.3% 2022
7.9% 2023
7% 2024
7% 2025
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Frequently Asked Questions

What type of property is this?
Retail space - Retail space with high visibility in a busy shopping center.
Where is this retail space located?
The property is located at 20404 Woodward Ave Detroit, MI.
What is the asking price?
The asking price for this property is $549,000.
What are key features of this property?
This property features: Excellent visibility on Woodward Ave.; Located in the Gateway Marketplace shopping center with 340,000 SF of retail.; Outlot location includes Meijer, Marshalls, Planet Fitness, and Five Below.
(248) 359-9000 Call to check price and availability
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