4133 Woodward $6,750,000

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    4133 Woodward Detroit, MI 48201

    • 26,000 sq. ft.
    • 0.87 Acres
    • Commercial
    • MLS# 60022616
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    Views: 222 Days On Site: 157

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    Property Details

    Anchoring the corner of Woodward Avenue and Willis, 4133 Woodward is perfectly situated in the heart of Midtown, one of Detroitâ‚„¢s most desirable and walkable neighborhoods. Due to the large lot size and incredible locationâ‚'footsteps from some of Detroitâ‚„¢s biggest entertainment and dining drawsâ‚'4133 Woodward can demand top-of-the-market rents and condo sales with prime Woodward Avenue retail. Offering more than 360 feet of highly-visible street frontage and a .87 acre total lot size. Built in 1920 and at 26,000 square feet, the Victorian-style building features extensive charming architectural detail and ornate facade elements. Currently, the first floor houses three vacant retail spaces with flexibility for eight spaces in total and the second floor features walk-up-style residential lofts.

    • General Features
      • Acreage 0.87
      • Area Municipality Detroit (82001)
      • County Wayne
      • Originating MLS RealComp
      • Ownership Private
      • Subdivision PARK LOTS 61 & 62 (PLATS )
      • Total SqFt Finished 26000
      • Waterfront Y/N No
      • Year Built 19
      • ZONING Commercial,Multi-Family
    • Building Features
      • Exterior Construction Brick
      • Foundation Type Basement
      • FUEL TYPE Natural Gas
      • Heating System Forced Air
    • Property Features
      • Lot Size 161.00X215.00
      • Roads Class A

    Contact

    John Pickell

    John Pickell

    REALTOR

    RE/MAX Classic

    Mobile Phone: 248-917-5923

    Neighborhood

    48201 (Detroit) Demographics

    31 Median Age
    7,999 Population Density (per sq. mile)
    43% College Educated
    $20,050 Estimated Median Income
    857 Estimated Total Home Owners
    7,862 Estimated Total Renters
    10% / 90% Estimated Owner / Renter Divide
    2 Estimated Average Household Size
    16,040 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $482,200 Median Sales Price
    4 Homes Sold
    14 New On Market

    Average Days on Site

      Properties for Sale

        Calculations provided by Reliance Network

        Property History

        Date Event Price Percent Change
        -- Current Price Source: Multiple Listing Service New Value: $6,750,000
        3/29/2022 6:50:55 PM Price Reduced Source: Multiple Listing Service New Value: $6,750,000 -10%
        1/19/2022 7:20:00 PM New in Database Source: Multiple Listing Service New Value: $7,500,000

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        ** Assumes 3.5% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information.
        Information is provided in part by the IDX program of the MI Realsource Michigan Multiple Listing Service. All information provided is deemed reliable but is not guaranteed and should be independently verified.

        Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.