Former Detroit Hardware 6432 Woodward Avenue

Investment Overview

Introducing a prime retail opportunity in the heart of Detroit, this 5,574 SF building presents an enticing investment prospect for retail investors. Boasting a prominent location in the bustling Detroit area, the property offers ample space for retail or street retail ventures. With its generous square footage and strategic positioning, it provides an ideal canvas for creating a thriving retail destination in a dynamic urban setting. The well-maintained building and its prime location along Woodward Avenue ensure high visibility and accessibility for businesses seeking to capitalize on the energy and potential of this vibrant city.

Investment Highlights

• 5,574 SF building with parking lot access off 28 E Milwaukee Ave and alley easement
• 10-year incremental tax abatement in place, transferable to a new owner
• HVAC cut-ins completed, roof replaced on second and third floors, sewer line replaced
• Upgraded to 800 amp service with new DTE pole, full structural support system updated
• Basement excavated with new poured walls for future rooftop use, natural brick exposed
• Site fully cleared of debris, footings poured for a second staircase