4200 Woodward Avenue Detroit MI 48201 MLS #20261024470

4200 Woodward Avenue
Detroit, MI, 48201
$1,250,000
Beds
0 Baths
6,781 SqFt
0.15 Acres
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MLS #20261024470 image #0
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.

Property Details

Price:
$1,250,000
MLS #:
20261024470
Status:
Active
Beds:
0
Baths:
0
Type:
Commercial
Subtype:
RealEstateOnly
Subdivision:
NESTER MC MILLAN & PONDS
Neighborhood:
area05043detlivernoisi756gdriver
Listed Date:
Apr 16, 2026
Finished Sq Ft:
6,781
Total Sq Ft:
6,781
Year Built:
1936
Short SaleArea05043detlivernoisi756gdriverArea05043detlivernoisi756gdriverNester Mc Millan & PondsDetroit

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Schools

School District:
Detroit

Interior

Above Grade Finished Area
6781
Heating
Forced Air, Natural Gas
Levels
One

Exterior

Construction Materials
Block, Brick

Financial

Net Operating Income
$2
Taxes
$11,455

Map

Community

Subdivisions in Detroit

Market Summary

Current real estate data for Commercial in Detroit as of Apr 21, 2026
522
Commercial Listed
267
Avg DOM
141
Avg $ / SqFt
$571,462
Avg List Price

Property Summary

    Located in the NESTER MC MILLAN & PONDS subdivision, 4200 Woodward Avenue Detroit MI is a Commercial for sale in Detroit, MI, 48201. It is listed for $1,250,000 To schedule a showing of MLS#20261024470 at 4200 Woodward Avenue in Detroit, MI, contact your LoChirco Realty, LLC agent at 586-321-9997.

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