Traver Building Listing Details & Market Data
1217 Woodward Avenue, Detroit, MI 48226
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- Property Type Office - General Office
- Property Size 29,704 SF
- Lot Size 0.06 Acre
- Property Tenancy Single Tenant
- Building Class B
- Year Built 1891
- City Detroit, MI
- Neighborhood Downtown Detroit
- Zip Code 48226
- Market Detroit
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Average Actual Rents in Detroit
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Asking Rents in Detroit Office Market
Office rental rates are based on aggregated data of asking rates.
- 2020 Avg. Asking Rent $28.65
- 2020 Office Vacancy Rate 16.80%
- 2020 Office Completions (SF) 63,500
- Base Tax $79,457
- Current Tax $13,305
- Market Value* $1,838,400
- Assessed Value $1,838,400
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*The displayed market value represents the assessed value determined by the appropriate local tax/financial authority. It is not the property’s latest sale price or a current market value based on recent area sales.