6565 Woodward, Detroit, Michigan 48202

$3,350,000
38,160
SqFt

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.

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Listing courtesy of O'Connor Realty.

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