B5 Zoned Development
1120-1134 Griswold St, Detroit, MI 48226
For Sale
Contact for pricing
Specialty development site zoned B5 with allowable uses including hospitality, multifamily, and mixed-use.
Property Size80,132 SF
Days on Market393
Property Features for 1120-1134 Griswold St
General Information
Standard status
Size
Property subtype
Zoning
Site & Location
Neighborhood
Additional Details
Opportunity Zone
Building Details
Building Size
Listing Agency:
Colliers
Listed By:
Mike Koenigbauer
(248) 540-1000
Source:
Cpix.resimplifi
Added: Oct 14, 2025
Changed: Nov 9
Last Checked: Nov 8 at 2:20AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Colliers
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Investment Insights
Based on property information with market context.
This for-sale specialty development opportunity is zoned B5 – Major Business District, offering allowable uses including hospitality, multifamily, and mixed-use. The property is also identified as an Opportunity Zone.
Situated in Detroit’s CBD within Capitol Park, the area is characterized by major surrounding developments including The Stott, The Albert, Book Tower, Hudson site, and Westin Book Cadillac.
The offering presents an infill redevelopment option for buyers seeking a centrally positioned site with flexible mixed-use zoning designations under the B5 Major Business District framework.
Situated in Detroit’s CBD within Capitol Park, the area is characterized by major surrounding developments including The Stott, The Albert, Book Tower, Hudson site, and Westin Book Cadillac.
The offering presents an infill redevelopment option for buyers seeking a centrally positioned site with flexible mixed-use zoning designations under the B5 Major Business District framework.
Key Highlights
- Specialty development site in Detroit’s CBD, located in Capitol Park
- Zoned B5 – Major Business District
- Allowable uses include hospitality, multifamily, and mixed‑use
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
5,740
Businesses Nearby
Explore this area
Business Placement
Demographics for 48226, MI
6,307
Population
5,160
Households
1.2
Avg Household Size
37
Median Age
53%
College-Educated
93%
High-School Grad
1.2 sq mi
ZIP Area
5,256
Density / Sq Mi
$69,813
Median Household Income
$60,957
Median Earnings
$1,714
Median Rent
$307,700
Median Home Value
Market
Average Price Trend$/SF for Specialty properties in Detroit, MI
Properties on Market for Specialty properties in Detroit
Frequently Asked Questions
What type of property is this?
Specialty property - Specialty development site zoned B5 with allowable uses including hospitality, multifamily, and mixed-use.
Where is this specialty property located?
The property is located at 1120-1134 Griswold St Detroit, MI.
What are key features of this property?
This property features: Specialty development site in Detroit’s CBD, located in Capitol Park; Zoned B5 – Major Business District; Allowable uses include hospitality, multifamily, and mixed‑use
