19600 Woodward - Freestanding FOR SALE


Detroit, MI 48203
$1,800,000 USD
248-281-9907
19600 Woodward, Detroit, MI for Sale
$1,800,000 USD
Freestanding - FOR SALE
1/9
null | Request Cap Rate

19600 Woodward
Detroit, MI 48203


HIGHLIGHTS

  • 41,380 SF free-standing building, 40-lane bowling center
  • Business and real estate for sale as a package
  • Three (3) valuable liquor licenses included
  • Excellent location on Woodward Ave - 23,689 vehicles per day, Population of 131,000 within 3 miles
  • Currently at 50% occupancy, promising growth potential
  • 2.59-acre site with additional parking land

OVERVIEW

This 41,380 SF, B4-zoned free-standing building, originally established in 1943 and renovated in 2000, offers a lucrative proposition in the thriving Detroit market. The property features a successful 40-lane bowling center and encompasses both the business and real estate on a sizeable 2.59-acre site with ample parking. The current 50% occupancy status provides ample room for growth and expansion and an opportunity to re-purpose the second vacant building into an event, gaming, or entertainment venue. Don't miss the chance to capitalize on this thriving asset with endless potential for development and profit.

FOR SALE DETAILS

PRICE

$1,800,000 USD

PRICE/SF

$43 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Renaissance Bowling Center

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Bar, Warehouse, Bowling Alley

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1960

SPRINKLERS

-

PARKING SPACES

200

LAND DETAILS

LAND ACRES

1.74 AC

LAND SF

75,794 SF

ZONING

B4

APN/PARCEL ID

46-096-02-0424-003

ASK ABOUT THIS PROPERTY

Matt SchiffmanP.A. Commercial, LLCMore Info
248-281-9907

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Matt SchiffmanP.A. Commercial, LLCMore Info
248-281-9907

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.