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11341 Woodward Ave Detroit, MI 48202-1101

OFF-MARKET Retail space Google Maps
4,600 SF 0.07 ac lot Built 1920
Entity Owned 1-yr Hold Free & Clear
Estimated value (blended)
$200k
Range $180k – $220k (±10%)
Property ID US43-0749464

Property summary

AI-generated overview

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

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1920
Total area 4,600 SF
Lot 0.07 ac (3,049 SF)
Zoning code B4
APN 02001682.
UPID US43-0749464

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Value estimations

Realmo proprietary · 4 methods
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Blend (final) Blend
$200k

Owner & transaction history

since 2025
7 recorded transactions
2025
Price N/A
2025
Price N/A
2025
Price N/A
2023
Price N/A
2021
Price N/A
2020
Price N/A
2018
Price N/A

Zoning & alternative use

B4 · Detroit, MI
Zoning description

), 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)…

General category COMMERCIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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