11744 Woodward Ave, Highland Park, MI 48203-3574
This exceptional 4,125-square-foot retail storefront, located at 11744 Woodward Avenue in Highland Park, Michigan, presents a unique investment opportunity. Currently vacant, the property is zoned 201 Commercial and offers a single-tenant occupancy. The building's entire 4,125 square feet is available for immediate lease or purchase. A significant advantage is the inclusion of an existing liquor license, streamlining the process for prospective buyers or tenants in the beverage industry. The property is situated in Wayne County, within the 48203 zip code, providing convenient access to major thoroughfares and a substantial customer base. The building's location on Woodward Avenue offers high visibility and significant foot traffic, making it an ideal location for a variety of retail businesses, particularly given the existing liquor license. Inventory is sold separately, allowing for flexibility in acquisition and business setup. This turnkey opportunity is perfect for an entrepreneur looking to establish a thriving retail operation in a high-traffic area. Serious inquiries are encouraged to explore the potential of this prime commercial real estate asset. The property's latitude and longitude coordinates are 42.3935462 and -83.0885198 respectively.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.