4200 Woodward Avenue, Detroit, MI 48201

Description

Rare fully leased, 100% occupied mixed-use investment in the heart of Midtown Detroit — one of the city's most dynamic and fast-growing commercial corridors. This four-unit building at 4200 Woodward Avenue. 10% CAP rate | modified triple-net lease structure | landlord expenses at virtually zero.One retail space and three restaurant units sit on 162 feet of prime Woodward Avenue frontage with direct QLine streetcar access at the door. Surrounded by major hospital campuses and two college campuses, this location generates consistent, recession-resistant foot traffic seven days a week. Each unit operates with fully independent mechanical systems — individual rooftop HVAC, separate water heaters, and updated electrical.The building is loaded with embedded value: three commercial vented hoods, restaurant equipment, and a rooftop billboard lease generating additional passive income. Roof inspected by specialist in 2025 and confirmed in great condition. Several electrical panels updated in 2026. For investors seeking a truly passive, high-yielding commercial asset in a proven central corridor — with strong tenant retention built into the infrastructure itself — this property checks every box. Full lease details and rent roll available upon execution of LOI.

Price & Status History

MLS Listing History1 listing

Tax & Assessment

Property Details