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8282 Woodward Ave Detroit, MI 48202

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For Sale
$1,300,000

Profitable Medical Office Building, Detroit

Property size:
5,500 SF

Property Features for 8282 Woodward Ave

General Information

Property type
Medical offices
Square Feet
5,500 SF
Class
C
Lot Size
13,939 SF

Building Details

Year Built
1999

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Listing Contact
Wendy Acho
Wendy Acho

Listing Agency: NAI Farbman - Corporate Listing Agent: Wendy Acho

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Property Insight Report

Overview

This 5,500 square foot medical office building, located at 8282 Woodward Avenue in Detroit, Michigan, presents a compelling investment opportunity. The property, built in 1999, sits on a 0.32-acre lot (APN 01-004320) and is zoned B-4 Commercial Lot. Currently operating at 100% occupancy as a single-tenant facility, the building offers excellent visibility and frontage on Woodward Avenue. The property features ample parking and prominent building signage. The interior comprises 10 rooms, including dedicated spaces for X-ray, laboratory functions, and a nurses' station. This Class C building is situated in the New Center-Detroit district, near major retailers such as a supermarket, Burger King, Citgo Gas Station, and Family Dollar. Its strategic location offers proximity to the Virginia Park Historic District, Fisher Theatre, Hotel St. Regis, and Henry Ford Hospital, ensuring high foot traffic and visibility. The asking price is $1,300,000, translating to $236.36 per square foot. The property's designation as a Qualified Opportunity Zone presents significant tax advantages for investors. This established medical facility is ideal for owner-occupiers or investors seeking a stable, high-return investment in a thriving urban location.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Dr. Nazmul Haque, ... Physician A&M Pharmacy Pharmacy BMC Urgent Care-MI Medical Clinic Ramegowda Rajagopal Physician Amy Davisson Physician

Suggested Use

Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Accounting Firm

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

Location Insight

  • Map
  • Local Demand
City
Detroit
County
Wayne
State
Michigan
Longitude
-83.0768044
Latitude
42.3759108

FAQs

What type of property is this?
Medical office - Profitable Medical Office Building, Detroit
Where is this medical office located?
The property is located at 8282 Woodward Ave Detroit, MI.
What is the asking price?
The asking price for this property is $1,300,000.
What are key features of this property?
This property features: 5,500 SF medical office building in Detroit, MI.; Located at 8282 Woodward Avenue on a 0.32-acre lot (APN 01-004320), zoned B-4.; 100% occupied, single-tenant facility.
More about this property
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