Downtown Detroit Commercial Real Estate

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660 Woodward Ave - Space Detroit, MI  
Sep 22
2,750
sqft
Sublease Office
305 Michigan Ave - Space Downtown Detroit, Detroit, MI  
Sep 22
96,000
sqft
Office
645 Griswold St - Floor 47 Detroit, MI  
Sep 22
400,000
sqft
Office
553 E Jefferson Ave - 3 Spaces Downtown Detroit, Detroit, MI  
Jul 20
80 - 180
sqft
Office
607 Shelby St - 3 Spaces Detroit, MI This listing is a modified gross lease.
Jun 28
4,980 - 5,200
sqft
Office
Cadillac Tower MI LLC - 31 Spaces Detroit, MI 16 foot large open entry and in suite restrooms
Jun 27
370 - 10,070
sqft
Retail Restaurant Office

Downtown Detroit

Market Report

Number of Listings
Posted in the last 90 days
51
Median Rate ($/sqft/yr)
$22
Median Size (sqft)
7,000

Compared to the rest of the Detroit market, the Downtown Detroit region has less expensive rates, so you should have no trouble finding a great deal in this undervalued submarket.

Downtown Detroit Listing Supply

In the last 90 days, 667 listings have been posted online, so you'll want to check back regularly for new listings. About 9% of the office spaces in the Downtown Detroit are subleases, so you will probably need to consider the implications of signing a direct lease with the building. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.

Even though the median size is 5,200 sqft, there are still 0 listings below 2,000 sqft. Most properties in this region are around 4 floors. Most buildings in this area were built in 1925 and are Class B.

Downtown Detroit Community

A large portion of this area is residential, but there's plenty of office_space. Construction is the dominant industry in this region. Commute by walking is the most popular way to get to work amongst Downtown Detroit occupants. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.

Market Data

Real time and historical data on commercial real estate listings in Downtown Detroit.
Research