4100-4138 Woodward Ave Detroit, MI 48201
- Specialty properties
- 33,000 SF
- 1.27 lot acres
Current Use by Public Records
- Specialty properties
Property Details for 4100-4138 Woodward Ave
- Lot size
- 1.27 lot acres
- Property size
- 33,000 SF
- Property type
- Specialty properties
Description
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.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Detroit
- County
- Wayne
- State
- Michigan
- Longitude
- -83.0598
- Latitude
- 42.351
