4612 Woodward Ave Detroit, MI 48201
- Retail space
- 69,405 SF
- 1.16 lot acres
Current Use by Public Records
- Cardtronics ATM / Atm
- Rite Aid Pharmacy / Pharmacy
- Amazon Locker - Cattle / E-Commerce Service / Mailing Service
- Rite Aid Photo / Photo Lab
- Western Union / Money Transfer Service
Property Details for 4612 Woodward Ave
- Year built
- 1910
- Lot size
- 1.16 lot acres
- Property size
- 69,405 SF
- Zone code
- B4
- Property type
- Retail space
- APN
- 01004218-21
- APU
- 100421821
Description
This exceptional 11,118-square-foot medical office building presents a unique investment opportunity in the vibrant Midtown Detroit area. Located on Woodward Avenue, between Garfield and East Forest Streets, this single-tenant property boasts a substantial 62-space surface parking lot, a significant advantage in this high-demand location. The building's former use as a Rite Aid pharmacy provides a readily adaptable layout, ideal for a variety of medical practices or related businesses. Its strategic position places it just two blocks from the Detroit Medical Center, ensuring convenient access for patients and staff. The property benefits from its proximity to key amenities, including Whole Foods Market, the Mike Ilitch School of Business at Wayne State University, and Little Caesars Arena, attracting a large and diverse population. Furthermore, its location within easy reach of the densely populated Brush Park residential community offers a strong potential customer base. This is a rare chance to acquire a substantial, well-located property in a thriving urban core. The ample parking and convenient access to major transportation routes make this an exceptionally attractive proposition for medical professionals seeking a high-visibility location in a rapidly developing area of Detroit. The 11,118 square feet of vacant space offers significant potential for customization and immediate occupancy. The property is situated in Wayne County.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Detroit
- County
- Wayne
- State
- Michigan
- Longitude
- -83.062
- Latitude
- 42.3543
- CBSA code
- 19820
- CBSA name
- DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA