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Retail Space with Avenue Frontage
For Lease
$35 SF/Yr

3150 Woodward Ave, Detroit, MI 48201

PD-zoned retail space with rear parking and access to an attached residential community.

Space SizeContact for details
Days on Market145

Property Features for 3150 Woodward Ave

General Information

Standard status Active
Property subtype Retail
Zoning PD
Listing Agency: Landmark Commercial Real Estate Services
Listed By: Louis Ciotti · License #6501335264
Source: Cpix.resimplifi
Added: Apr 8 Changed: Aug 29 Last Checked: Aug 29 at 3:28PM

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 Landmark Commercial Real Estate Services

Investment Insights

Based on property information with market context.

This PD-zoned retail space fronts Woodward Avenue in Detroit’s Brush Park area. The available premises include a 2,347 SF vacancy, with the possibility of combining it with an adjoining corner restaurant space. A parking lot is located behind the property.

The Scott has 199 attached residential units, providing an immediate residential setting for the commercial space. Midtown and Eastern Market are within walking distance, adding established nearby destinations to the surrounding context.

Key Highlights

  • 2,347 SF available retail space
  • Woodward Avenue frontage in Brush Park
  • Potential to combine with corner restaurant space

Property Analytics

Current Use

MotorCityRelocation.com LLC Vacation Rental The Scott at Brush Park ... Apartment Building F45 Training Midtown ... Gym & Fitness Center Detroit Fit Collective ... Gym & Fitness Center

Suggested Use

Top Pick Nail Salon Kitchen & Bath Showroom (Bike/Boat/Book/etc) Store Carpet & Flooring Store Daycare Center Grocery & Convenience 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.

Lease Details

NNN (Triple Net)
Lease Type
$5.25 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

4,233
Businesses Nearby
100k
Monthly Visits Nearby

Foot Traffic Nearby

Groceries 43% Dining 39% Shops & Services 17% Electronics 1%
Whole Foods Market Groceries
42,654 visits/mo 0.2 miles
McDonald's Dining
31,104 visits/mo 0.5 miles
Condado Tacos Dining
7,597 visits/mo 0.4 miles
Flagstar Bank Shops & Services
4,885 visits/mo 0.3 miles
PNC Bank Shops & Services
4,768 visits/mo 0.4 miles

Demographics for 48201, MI

14,500
Population
9,900
Households
1.5
Avg Household Size
33
Median Age
37%
College-Educated
88%
High-School Grad
1.9 sq mi
ZIP Area
7,632
Density / Sq Mi
$24,392
Median Household Income
$36,835
Median Earnings
$841
Median Rent
$401,500
Median Home Value

Market

Lease Benchmarks for Detroit, MI

$15.41 /SF/Yr
Avg Asking Price
$5.35–$30 /SF/Yr
Price Range
9,701 SF
Avg Space Size

This space is priced 127% above the average of $15.41 /SF/Yr.

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 - PD-zoned retail space with rear parking and access to an attached residential community.
Where is this retail space located?
The property is located at 3150 Woodward Ave Detroit, MI.
What is the lease rate?
The lease rate is $35 SF/Yr.
What are key features of this property?
This property features: 2,347 SF available retail space; Woodward Avenue frontage in Brush Park; Potential to combine with corner restaurant space
More about this property
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