4100-4138 Woodward Ave, Detroit, MI 48201
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.