6531 Woodward Avenue Sold

New Center
Sold for $625,000


Built In 1929

We are pleased to offer the sale of 6531 Woodward Avenue, located in the thriving retail district of New Center along Woodward Avenue. 6531 Woodward Avenue was built in 1929 as Norwood Theater and was converted to a storefront in 1954, which was later occupied by Saunder’s Fudge & Soda Shop. The 3,750 SF building is built from a concrete column and brick construction and features dramatic 30’ + ceilings, allowing for the possibility of a second floor. The space also includes a 514 SF mezzanine section and 3,295 SF in the basement. The building has been completely gutted and is ready for redevelopment. The property is zoned B4 and is in the New Center Special District allowing for no parking requirements and grants liquor license usage by right. Phase I and survey are available. All electrical, gas, and water services have been upgraded.