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Retail Space with Pylon Signage
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8500 Woodward Avenue, Detroit, MI 48202

Multi-suite storefront space with onsite parking, prominent signage, and access from Woodward Avenue and East Philadelphia Street.

Property SizeContact for details
Days on Market42

Property Features for 8500 Woodward Avenue

General Information

Standard status Active
Listing Agency: GRI Homes for Today
Listed By: Tjader Gerdom · License #6502357230
Source: Brendaharrisgroup
Added: Jul 20 Changed: Aug 29 Last Checked: Aug 25 at 9:43AM

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 GRI Homes for Today

Investment Insights

Based on property information with market context.

Retail space at 8500 Woodward Avenue includes suites ranging from 945 to 1,890 square feet. The property offers onsite parking, large pylon signage, and entry from both Woodward Avenue and East Philadelphia Street. Family Dollar and Ocean Fish & Chicken are located at the property, providing established retail and food-service co-tenancy.

A bus stop is less than a block away, while M-10, I-75, and I-96 can be reached in less than five minutes. Henry Ford Hospital, the Fischer Building, Shinola HQ, and Detroit People’s Food Co-op are within walking distance. The site is in Detroit’s North End neighborhood.

Key Highlights

  • 945‑1,890 SF retail suites
  • Family Dollar and Ocean Fish & Chicken at the property
  • Ample onsite parking and large pylon signage

Property Analytics

Current Use

Family Dollar Discount Store

Suggested Use

Top Pick Hair Salon Building Supply Nail Salon Spa & Massage Center Auto Parts Store Law Firm

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

1,467
Businesses Nearby
33k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 92% Dining 6% Electronics 3%
Family Dollar Shops & Services
8,807 visits/mo 0.1 miles
Citgo Shops & Services
6,019 visits/mo 0.1 miles
Citizens Bank Shops & Services
5,642 visits/mo 0.4 miles
Marathon Shops & Services
5,284 visits/mo 0.5 miles
Mobil Shops & Services
4,652 visits/mo 0.4 miles

Demographics for 48202, MI

17,260
Population
10,078
Households
1.7
Avg Household Size
32
Median Age
38%
College-Educated
91%
High-School Grad
3.4 sq mi
ZIP Area
5,076
Density / Sq Mi
$36,536
Median Household Income
$31,725
Median Earnings
$894
Median Rent
$193,700
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 - Multi-suite storefront space with onsite parking, prominent signage, and access from Woodward Avenue and East Philadelphia Street.
Where is this retail space located?
The property is located at 8500 Woodward Avenue Detroit, MI.
What are key features of this property?
This property features: 945‑1,890 SF retail suites; Family Dollar and Ocean Fish & Chicken at the property; Ample onsite parking and large pylon signage
More about this property
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