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Urban Commercial Land
New
For Sale
$1,250,000

3169 Woodward Ave, Detroit, MI 48201

A compact urban parcel offers a defined footprint for commercial site planning.

Property Size1,606 SF
Price / SF$778.33
Days on Market4

Property Features for 3169 Woodward Ave

General Information

Standard status Active
Size 1,606 SF
Property subtype Retail, Land
Zoning B4

Building Details

Building Size 1,606 SF
Listing Agency: Colliers
Listed By: Ben Hubert · License #6502385681
Source: Cpix.resimplifi
Added: Oct 13 Changed: Oct 15 Last Checked: Oct 16 at 5:58AM

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 Colliers

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Investment Insights

Based on property information with market context.

This commercial parcel encompasses 0.24 acres and measures 60' x 173', providing a clearly defined urban site. The property is located at 3169 Woodward Ave in Detroit, with Woodward exposure noted in the listing information.

The site is described as suitable for commercial or mixed-use development, with supplemental parking also identified as a potential use. Conflicting details about existing improvements and zoning are omitted.

Key Highlights

  • 0.24‑acre parcel
  • 60' x 173' site dimensions
  • Located at 3169 Woodward Ave in Detroit

Property Analytics

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Current Use

Doctor's Medical Pharmacy Pharmacy

Suggested Use

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

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

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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

Frequently Asked Questions

What type of property is this?
Commercial land - A compact urban parcel offers a defined footprint for commercial site planning.
Where is this commercial land located?
The property is located at 3169 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: 0.24‑acre parcel; 60' x 173' site dimensions; Located at 3169 Woodward Ave in Detroit
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