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    2715 Woodward Ave Detroit, MI 48201

    Sponsored
    For Lease
    $40 SF/Yr

    Detroit Restaurant/Retail Opportunity

    Lot size:
    14,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional commercial property, located at 2715 Woodward Avenue in Detroit, Michigan, 48201, presents a unique investment opportunity for discerning businesses. The space offers flexible configurations ranging from 10,000 to 14,000 square feet, ideal for a variety of retail or restaurant concepts. Its prime location on Woodward Avenue provides unparalleled visibility and accessibility, ensuring high foot traffic and brand recognition. The property boasts convenient valet drop-off, a significant advantage for customers and patrons. The building is suitable for multiple tenants, offering potential for shared spaces or independent operations. This versatile space is perfect for businesses seeking a high-profile location in the heart of Detroit's vibrant commercial district. The property's size and configuration allow for customization to meet the specific needs of a wide range of businesses. With its prominent street frontage and convenient amenities, this location offers an exceptional opportunity to establish or expand a successful enterprise. The address is easily accessible, offering convenient access for both customers and employees. This is a rare opportunity to secure a significant presence on one of Detroit's most iconic streets. Serious inquiries are encouraged to explore the possibilities this property offers.

    Property Features for 2715 Woodward Ave

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    14,000 SF

    Unit(s) available at that property

    Space
    Available Space 1
    Size
    14,000 SF
    Rate per SF
    $40

    HighLights

    • 10,000‑14,000 SF of flexible space ideal for retail or restaurant use.
    • Prime Woodward Avenue location in Detroit, MI (48201) offers high visibility and foot traffic.
    • Features convenient valet drop‑off.
    • Suitable for multiple tenants or single occupancy.
    • Prominent street frontage and easy accessibility for customers and employees.
    Property Profile Location Intelligence

    Current Use by Public Records

    Boston Consulting Group Business Management Consultant Warner Norcross + Judd ... Attorney

    Suggested Use

    Realty agency Restaurant Spa & Massage Hair Salon Dental Office Nail Salon Law Firm Food Market Clothing Store Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Detroit
    County
    Wayne
    State
    Michigan
    Longitude
    -83.054698527407
    Latitude
    42.342771796838

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    FAQs

    What type of property is this?
    Restaurant - Detroit Restaurant/Retail Opportunity
    Where is this restaurant located?
    The property is located at 2715 Woodward Ave Detroit, MI.
    What is the lease rate?
    The lease rate is $40 SF/Yr.
    What are key features of this property?
    This property features: 10,000-14,000 SF of flexible space ideal for retail or restaurant use.; Prime Woodward Avenue location in Detroit, MI (48201) offers high visibility and foot traffic.; Features convenient valet drop-off.
    Request Owner's contact information
    2715 Woodward Ave Detroit, MI 48201
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    Detroit, MI 48201
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2715 Woodward Ave Detroit, MI 48201
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