20404 Woodward Ave Detroit, MI 48203
- Retail space
- 4,286 SF
- 0.17 lot acres
Current Use by Public Records
- Retail space
Property Details for 20404 Woodward Ave
- Year built
- 1948
- Lot size
- 0.17 lot acres
- Property size
- 4,286 SF
- Zone code
- B3
- Property type
- Retail space
- APN
- 01009852-75
- APU
- 100985275
Description
This exceptional 4,286 square foot freestanding retail building presents a unique investment opportunity. Completely renovated in 2024, the property boasts a modern façade and enjoys unparalleled visibility on Woodward Avenue. Situated in a prime location within the Gateway Marketplace shopping center, this single-tenant space benefits from the significant draw of over 340,000 square feet of established retail neighbors, including major brands like Meijer, Marshalls, Planet Fitness, and Five Below. The building's strategic placement offers excellent access and exposure to high traffic volume. The B-3 Shopping District zoning allows for a wide range of retail uses. The property's proximity to the new Amazon fulfillment center, located just north of the former Michigan State Fairgrounds, further enhances its desirability and potential for strong returns. With its recent renovation, modern design, and advantageous location within a thriving retail hub, this property is ideally suited for a variety of retail businesses seeking a high-impact presence in a bustling commercial area. The entire 4,286 square feet is currently vacant and ready for immediate occupancy. This is a rare opportunity to secure a prominent retail space in a rapidly developing area.
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
- -83.1227
- Latitude
- 42.4442
- CBSA code
- 19820
- CBSA name
- DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA
