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Jim Blehm

Team Owner, Realtor® | The Blehm Group | Keller Williams

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4200 Woodward Ave , Detroit, MI 48201
$1,250,000
Est. Payment: $2,777.78/mo
0 Bed
0 Bath
6781 Sqft
Status: Pending | Days on site: 82
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House 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.

Highlights

Listed by Bonnie Juras , 513-470-3673 National Realty Centers, Inc , 248-724-1234.

Property Type

Commercial Sale

Lot/Acreage
0.15

Year Built

1936

County

Wayne

School District

Detroit

Listing ID

20261024470

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:0
  • Full Bathrooms:
Basement:Basement
Water:Public

Exterior Features

Principal Interest
$2,778
Taxes
$955

Home Price

$1,250,000

Loan Details

30 yrs
%

Down Payment

20%
$250,000
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Monthly Price:
$2,777.78

Principal

Taxes

Principal Taxes HOA Total
Monthly $2,777.78 $954.58 $0.00 $3,732.36
Yearly $33,333.33 $11,454.95 $0.00 $44,788.28
Total $1,000,000.00 $343,648.50 $0.00 $1,343,648.50

Today's Rates

30 Year

0%

20 Year

0%

15 Year

0%

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Market insight data is pulled from the same city as the listing being viewed (Detroit, MI).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.