$1,500,000
Active

8300 Woodward Avenue

Detroit, MI 48202
0.61 acres | #R2220004093
Browse 12 photos
Type:Purchase
Structure:Commercial
Zone:Commercial

Description

Featuring a bright white terracotta exterior, this beautiful building is perfectly situated across from the in-demand Virginia Park Historic District in the New Center neighborhood in Detroit's North End. Anchoring a highly traveled corner, the 29,000-square-foot freestanding building offers over 120 feet of Woodward Avenue frontage and 200 feet of frontage along Melbourne Street. Walking distance to New Center's hotspots, including the shops of Woodward, restaurants & bars, a QLine station, several neighborhood parks, and Detroit's historic Boston Edison neighborhood. Unique design features include expansive windows along the first and second floor; a vaulted, second-floor atrium; large interior ceiling heights with concrete columns; a drive-in garage-bay elevator; full-floor basement with elevator access; and intricate architectural design on the facade. The property is well-suited for a mixed-use conversion, featuring retail alongside residential and office above.

  • Property Details
      • Acres0.61
  • Construction Details
      • Year Built1921
  • Community and Neighborhood Details
      • SubdivisionMC LAUGHLIN BROS SUB OF LOT 8
    • Location
      • CountyWayne
  • Financial Details
      • Original List Price$1,800,000
      • Days on Market (Cumulative)414
      • Buying Agency Compensation3%
  • Other
      • MLS #R2220004093
  • -
      • Garage Spaces0

Location

Workhorse Realty LLCReal Estate Group
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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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