Property summary
Introducing a prime retail opportunity in the heart of Detroit, this 5,574 SF building presents an enticing investment prospect for retail investors. Boasting a prominent location in the bustling Detroit area, the property offers ample space for retail or street retail ventures. With its generous square footage and strategic positioning, it provides an ideal canvas for creating a thriving retail destination in a dynamic urban setting. The well-maintained building and its prime location along Woodward Avenue ensure high visibility and accessibility for businesses seeking to capitalize on the energy and potential of this vibrant city. The property is situated in Detroit's Midtown district, known for its vibrant mix of culture and commerce. Located just steps away from the renowned Detroit Institute of Arts and the historic Fisher Building, it offers a prime spot along Woodward Avenue with high visibility and foot traffic. 5,574 SF building with parking lot access off 28 E Milwaukee Ave and alley easement 10-year incremental tax abatement in place, transferable to a new owner HVAC cut-ins completed, roof replaced on second and third floors, sewer line replaced Upgraded to 800 amp service with new DTE pole, full structural support system updated Basement excavated with new poured walls for future rooftop use, natural brick exposed Site fully cleared of debris, footings poured for a second staircase
Property profile
VerifiedCap rate & NOI
Current use
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Electronics & Wireless Store
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Derived from the Detroit market rent, vacancy and expense benchmarks for this use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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- Property Ownership
- Basic report summary
- Property Insight Report
- Value Estimation
- Cap Rate Calculation
- Location Intelligence
- Business Placement
- Ownership
- Zoning
- Property Insight Report
- Value Estimation
- Cap Rate Calculation
- Location Intelligence
- Business Placement
- Ownership
- Zoning