Detroit, MI 48202,6565 Woodward
Detroit, MI 48202,6565 Woodward
Detroit, MI 48202,6565 Woodward
20
$2,220,000
$2,900,000
23.4%
Est.Price: ?

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38,160 SqFt

6565 Woodward Detroit, MI 48202

Est. payment /mo
SOLD DATE : 11/10/2021

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Key Details

Sold Price $2,220,000

Property Type Commercial

Sub Type Commercial/Industrial

Listing Status Sold

Purchase Type For Sale

Square Footage 38,160 sqft

Price per Sqft $58

Subdivision Mi

MLS Listing ID 40082868

Sold Date 11/10/21

Annual Tax Amount $26,978

Lot Size 0.350 Acres

Acres 0.35

Lot Dimensions 164x80x164x80

Property Description

6565 Woodward Avenue is located on the corner of Woodward Avenue and West Grand Boulevard, the cornerstone of New Center's retail and commercial corridor. The Art Moderne style structure is built entirely of concrete and is comprised of a full basement with 10'10” ceilings, allowing for continued retail space from the 13,200 SF first floor, which is currently divided into three retail spaces. The 11,920 SF second floor could be redeveloped into creative office or residential with the possibility of roof decks. This unique development opportunity benefits from favorable B5 zoning, permitting the development of an approximately 46-story, 569,150 SF, mixed use building with prime ground-floor retail located at the most prominent intersection of New Center. The B5 zoning allows for no off street parking requirements for retail and multi family.

Location

State MI

County Wayne

Area Detroit (82001)

Zoning Multi-Family,Professional Office,Commercial,Residential

Interior

Heating Forced Air

Exterior

Waterfront No

Building

Foundation Basement

Water Public Water

Structure Type Block

Others

Ownership Private

Energy Description Natural Gas

Acceptable Financing Cash

Listing Terms Cash

Financing Cash,Conventional

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MI RealSource (Lenawee County/Saginaw Board/Southeastern Border/Greater Shiawassee)
Listed by O'Connor Realty
Bought with O'Connor Realty

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Morgan Beilfuss

Agent | License ID: 6501277052

+1(989) 277-7860

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