Woodward Avenue Commercial Buildings For
For Sale
Contact for pricing
Pending
17422 Woodward Ave, Detroit, MI 48203
Two commercial buildings on Woodward Ave, prime investment opportunity.
Property SizeContact for details
Days on Market697
Property Features for 17422 Woodward Ave
General Information
Standard status
Pending
Property subtype
Retail, Multifamily, Office, Mixed Use
Zoning
B4
Investment Type
Value Add
Building Details
Year Built
1925
Buildings
2
Stories
2
Listing Agency:
Det Properties
Listed By:
Joel Karboske · License #6504431925
Source:
Crexi
Added: Sep 24, 2024
Changed: Aug 8
Last Checked: Aug 20 at 12:34PM
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 Det Properties
Investment Insights
Based on property information with market context.
Two commercial buildings are available for sale on Woodward Avenue, located at 17422 & 17428 Woodward Ave. Situated across from Palmer Park and the Detroit Golf Club, this mixed-use commercial building presents a prime investment opportunity on a high-traffic street in Detroit, with over 30,000 vehicles passing by daily. The building is currently a shell and requires a complete rehabilitation. It is ideal for a medical office, beauty salon, or professional building, with upstairs units that can be converted into apartments. This location offers significant potential for businesses looking to capitalize on high visibility and traffic. The property is sold as is, and the billboard on the site is not included in the sale.
Key Highlights
- Prime location on Woodward Avenue with high traffic (30,000+ vehicles daily).
- Mixed‑use commercial building with potential for retail/office space and apartments.
- Situated across from Palmer Park and the Detroit Golf Club.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
416
Businesses Nearby
Explore this area
Business Placement
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 Office in Detroit, MI
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Two commercial buildings on Woodward Ave, prime investment opportunity.
Where is this mixed-use property located?
The property is located at 17422 Woodward Ave Detroit, MI.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: Prime location on Woodward Avenue with **high traffic (30,000+ vehicles daily)**.; Mixed‑use commercial building with potential for retail/office space and apartments.; Situated across from Palmer Park and the Detroit Golf Club.
