13928 Woodward Ave (2 Victor Street)

Retail-Commercial for Sale
Also listed as Office
Catylist Listing ID: 29846416
Property Subtypes: Free-Standing Building, Street Retail
Building Size (RSF): 31,612 SF
Gross Building Area: See Agent
Gross Land Area: 0.47 Acres
Sale Price: $499,999
Unit Price: $15.82 PSF
Property Use Type: Investment, Vacant/Owner-User
Sale Terms: Cash to Seller, Purchase Money Mortgage
Cap Rate: Undisclosed
Last Updated: 7/11/2017

Overview / Comments

• 2-story retail storefront/office building available
• Easy access to the Davison, the Lodge & I-75 expressways
• Only 10 minutes to Downtown Detroit
• 2014 Taxes: Summer - $7,944.00 / Winter - $1,266
• Longer term redevelopment opportunity with existing shorter term tenants
• Phase II of M-1 rail installation
• Prime Highland Park retail location

Additional Details

Nearest MSA: Detroit-Warren-Dearborn
County: Wayne
Submarket/Township: Detroit E of Woodward
Tax ID/APN: 43-008-04-0001-001
Zoning: MISC IMPROVEMENTS
Property Located Between: McNichols & The Davison
Side of Street: East
Road Type: Paved
Property Visibility: Excellent
Feet of Frontage: 132
Tenancy: Multiple Tenants
Total Number of Buildings: 1
Number of Stories: 2
Year Built: 1917
Parking Type: Surface

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 14,365 191,112 515,963
Median Age: 40.04 36.1 36.02
Households: 5,716 72,203 200,094

Source

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