11666 Woodbine Redford, MI 48239-2416
- Bars
- 2,360 SF
- 0.23 lot acres
Feb 02, 2025
Current Use by Public Records
- Bars
Property Details for 11666 Woodbine
- Year built
- 1951
- Construction
- CONCRETE BLOCKS
- Lot size
- 0.23 lot acres
- Property size
- 2,360 SF
- Property type
- Bars
- Property subtype
- Pubs
- APN
- 79 036 01 0191 000
- APU
- 79036010191000
Description
This exceptional commercial property, located at 11666 Woodbine in Redford, Michigan, presents a unique investment opportunity. The 2,360 square foot building is constructed of durable cinder block and sits on a sizable 0.23-acre lot (128x127 feet). Its strategic location offers significant advantages, boasting two entrances, one of which directly faces Telegraph Road, a major thoroughfare. The property's proximity to Plymouth Road further enhances its visibility and accessibility. The potential for a drive-thru is available, subject to approval from the Michigan Department of Transportation (MDOT). The diverse range of potential uses for this property is considerable, including retail, food service (such as pizza), party stores, or office space. This location benefits significantly from its adjacency to the former GM Diesel Plant, which has recently announced a substantial $285 million expansion project. This expansion is expected to bring increased traffic and economic activity to the immediate area, making this property an even more attractive investment. Please note that a liquor license is not included in the sale price of $375,000. This is a rare opportunity to acquire a well-situated commercial property in a rapidly developing area.
Value Estimation
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CAP approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Redford
- County
- Wayne
- State
- Michigan
- Longitude
- -83.2764
- Latitude
- 42.3724
- CBSA code
- 19820
- CBSA name
- DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA
