18400-18422 Woodward, Detroit, MI 48203

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Sold Price
$550,000
List Price
$575,000
Closing Date
Nov 10, 2025
Days on Market
23
MLS#
20251042834
Status
SOLD
Type
Commercial

Property Description

Prime opportunity to own two iconic properties on the Historic First Mile of Woodward Ave—18400 & 18422 Woodward, located directly across from the revitalizing Palmer Park! With unmatched charm, visibility, and flexibility, this package is perfect for investors, restaurateurs, and visionaries. 18400 Woodward is approx. 5,500 sq/ft and features a fully equipped commercial kitchen with hood/exhaust, a 3-compartment dishwashing sink, and two front entrances—ideal for operating two businesses or creating a dynamic restaurant/bar concept. Three rear exits lead to a gated, fenced-in parking lot. Above, a spacious 1,850 sq/ft, 3BR/1BA apartment with private side entrance offers income or live/work potential. Just next door, 18422 Woodward is a 3,100 sq/ft architectural gem—boasting original hardwood floors, fireplaces, an octagon-shaped front room, Turret Room, and a small commercial kitchen. This space is perfectly suited for a boutique café, wine bar, or coffee shop—pair it with a restaurant across the lot for a destination dining hub full of historic character. Upstairs includes 4 charming bedrooms, rooftop patio access, and a partially finished basement with a cozy library and fireplace. Unbeatable location with strong upside in a growing corridor. Seller is open to creative/seller financing—don’t miss this rare chance to invest in Detroit’s next hotspot!

Additional Information

Taxes
$3,237
Acres
0.30
School District
Detroit
Water
Public

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Calculator source: Real Geeks

Listing courtesy of Listing Agent: Drake O'Donnell from Listing Office: NATOD Management.

Selling Agent: Selling Office: .

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