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6531 Woodward Detroit, MI 48202
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Key Details
Sold Price $625,000
Property Type Commercial
Sub Type Commercial/Industrial
Listing Status Sold
Purchase Type For Sale
Square Footage 3,750 sqft
Price per Sqft $166
Subdivision Mi
MLS Listing ID 40060323
Sold Date 09/14/20
Annual Tax Amount $4,513
Lot Size 3,484 Sqft
Acres 0.08
Lot Dimensions 40x90x40x90
Property Description
We are pleased to offer the sale of 6531 Woodward Avenue, located in the thriving retail district of New Center along Woodward Avenue. 6531 Woodward Avenue was built in 1929 as Norwood Theater and was converted to a storefront in 1954, which was later occupied by Saunder’s Fudge & Soda Shop. The 3,750 SF building is built from a concrete column and brick construction and features dramatic 30’ + ceilings, allowing for the possibility of a second floor. The space also includes a 514 SF mezzanine section and 3,295 SF in the basement. The building has been completely gutted and is ready for redevelopment. The property is zoned B4 and is in the New Center Special District allowing for no parking requirements and grants liquor license usage by right. Phase I and survey are available. All electrical, gas, and water services have been upgraded.
Location
State MI
County Wayne
Area Detroit (82001)
Zoning Professional Office,Commercial
Interior
Heating Forced Air
Exterior
Waterfront No
Building
Foundation Basement
Structure Type Brick
Others
Ownership Private
Energy Description Natural Gas
Acceptable Financing Cash
Listing Terms Cash
Financing Cash,Conventional
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Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.
Bought with O'Connor Realty
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