11341 Woodward Ave Detroit, MI 48202-1101
Property summary
This unique 4,000 square foot creative office space presents a remarkable opportunity in Detroit's vibrant Boston Edison submarket. Located at 11341 Woodward Avenue, near the Blessed Sacrament Cathedral, this two-story building boasts a prime location on the Woodward corridor. The property is zoned B4 and offers a single-tenant occupancy within a historic structure. The building features a 12-foot ceiling height, providing ample space and flexibility for creative design and layout. The property type is versatile, suitable for retail, office, or restaurant use, making it an ideal space for a variety of businesses. The interior can be built out to meet specific tenant requirements. Creditworthy tenants are preferred, and lease terms are negotiable. This is a chance to establish a presence in a highly desirable and historic Detroit location. The building's address is 11341 Woodward Avenue, Detroit, MI 48202, with a cross street of Lawrence. The property's single-tenant occupancy ensures privacy and control over the space. This is a rare opportunity to lease a piece of Detroit history and create a unique business environment. The building's location offers excellent visibility and accessibility, making it an attractive option for businesses seeking a prominent presence in the city.
Property profile
VerifiedCap rate & NOI
Value estimations
Owner & transaction history
Zoning & alternative use
), eff. 5-28-2005) Sec. 50-7-3. - Business Districts. Business districts within the City are as follows: (1) B1 Restricted Business District. (2) B2 Local Business and Residential District. (3) B3 Shopping District. (4)…
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Value estimation
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from $99/month
Cap rate
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from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2020Property description
Physical attributes from public recordsZoning & alternative use
B4 · Detroit, MI), eff. 5-28-2005) Sec. 50-7-3. - Business Districts. Business districts within the City are as follows: (1) B1 Restricted Business District. (2) B2 Local Business and Residential District. (3) B3 Shopping District. (4)…
Zoning
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Zoning designation
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The district profile from the municipal source: what is on file for B4 in Detroit, MI.
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