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For Sale

13716-13722 Woodward Ave

Highland Park, Michigan 49203

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For Sale

13716-13722 Woodward Ave

Highland Park, Michigan 49203

- Property Information

eCODE 409
County: Wayne
Property Type: Retail
Total Building SF: ± 6,000 SF
Available Building SF: ± 3,000 SF
Occupancy Rate: 50%
Sale Price: $149,000
Sale Price Per SF: $24.83

- Property Details

Year Built: 1916
# Acres: .10
Zoning: B2 (Shopping District)

- Additional Information

  • 6,000 SF 2-story income-generating property
  • 2nd floor fully leased on 10-year lease term.  Tenant pays $750/month modified gross for first 5 years, then $850/month for 5 additional years
  • Landlord pays taxes & is responsible for structure, roof & 4 walls
  • Tenant pays insurance and all non-structural maintenance
  • First floor fully vacant, perfect for local retail tenants
  • Woodward Ave VPD: 23,500 cars/day
  • 2016 real estate taxes: $1,737.55
  • Sale asking price: $149,000

- For more information, contact:

Ryan Cohn

248.324.2000 Request a call