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    OFF-MARKET
    Specialty properties

    4100-4138 Woodward Ave, Detroit, MI 48201

    33,000 SF 1.27 ac lot
    Property ID
    Property summary
    AI-generated overview

    The Majestic Theatre Complex, a unique special-purpose property located at 4100-4138 Woodward Avenue in Detroit, Michigan (48201), presents a compelling investment opportunity. This vacant, 33,000 to 40,760 square foot entertainment venue sits on a 1.27-acre lot and offers significant redevelopment potential. The property's prime location in Wayne County provides excellent visibility and accessibility. The asking price is $16,500,000. The existing structure provides ample space for a variety of entertainment uses, and the property includes 75 parking spaces, a significant asset in a high-traffic urban area. The lease type is modified, offering flexibility for future tenants. This property is ideal for an investor seeking a high-profile project with substantial upside in a revitalizing urban core. Its size and location make it suitable for a wide range of entertainment-focused ventures. The vacant status allows for complete customization to suit a buyer's vision. Detailed property information and plans are available upon request. This is a rare chance to acquire a landmark Detroit property with immense potential for future growth and profitability. Don't miss this opportunity to own a piece of Detroit's vibrant history and future.

    Property profile
    Verified
    Property type Specialty properties
    Total area 33,000 SF
    Lot 1.27 ac (55,321 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
    by Request
    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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