Compared to the rest of the Detroit market, the Lower East Detroit submarket has smaller rates, so you should have no trouble finding a great deal in this discounted region.
In the last 90 days, 16 listings have been listed, which means leases might be going fast. You'll want to be prepared to make an offer immediately. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 2,500 sqft. Most buildings in this area are approximately 2 floors. Most buildings in this market were built in 1941 and are Class C.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Wholesale trade is the dominant industry in this market. Commute by car is the most popular way to get to work amongst Lower East Detroit residents. Commuting around 15 minutes a day is the norm for those who opt to reside in this part of town.