Added: Nov 21, 2025Changed: Sep 13Last Checked: Oct 5 at 4:31PM
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Investment Insights
Based on property information with market context.
The Viola Building is a restored 5-story mixed-use building located at the southeast corner of Gratiot Avenue and Russell Street, at the gateway to Eastern Market. New ownership has invested over $1.0 million in renovations. The original 1923 building was renovated in 2018 and 2020/2023. Additions include an elevator, new windows, a new roof, and dedicated furnaces per floor. The landlord is planning additional improvements to the corridor and hallway, lighting, and murals/art, with fresh paint throughout the interior. The Viola Building provides ample lower-level storage space. It is located at the gateway to Eastern Market, one of the most authentic urban pedestrian sites and the largest 6-block public market historic public market district in the nation. Eastern Market attracts over 3 million visitors annually. The location is a 6-minute walk to Ford Field & Comerica Park, a 7-minute bike/scooter ride to Campus Martius, and a 10-minute walk to Brush Park/City Modern. The building is in a Qualified Opportunity Zone (QOZ) with excellent walk, bike, and transit scores. It is located directly across from a new development with 440 apartments coming across the street. The area is part of the Project Green Light Detroit partnering with the Detroit Police Department. Up to 15,544 square feet is available, including ground floor retail/restaurant space, +/- 4,000 square foot floor plates on the 2nd, 3rd, and 5th floors, and +/- 3,000 square foot basement/storage space. The building features open floor plans, in-suite restrooms, and kitchenettes, with views of the Downtown Detroit skyline. It has a new roof, windows, HVAC, and elevator. Available street parking is located along Gratiot Avenue (front) and the Service Drive (back), with ample additional surface parking on/walkable off-site. The building is in a General Business District (B4) and walkable to the Arena District with ample affordable parking. It is suitable for retail, restaurant, office, co-working space, and live-workspace uses.
Key Highlights
Located at the Gateway to Eastern Market, a high‑traffic area with over 3 million annual visitors.
Recently renovated with over $1 million invested, including a new elevator, roof, and windows.
Mixed‑use building suitable for retail, restaurant, office, co‑working space, or live‑workspace.
Property Analytics
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Open Analytics
Current Use
Take Out Hookah ...Bar & Pub
Suggested Use
Top PickDaycare CenterKitchen & Bath ShowroomHVAC Service(Bike/Boat/Book/etc) StorePet StorePet Store & Service
Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.
Lease Details
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
1,335
Businesses Nearby
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Business Placement
Demographics for 48207, MI
21,704
Population
13,026
Households
1.7
Avg Household Size
42
Median Age
35%
College-Educated
88%
High-School Grad
6.3 sq mi
ZIP Area
3,445
Density / Sq Mi
$44,561
Median Household Income
$43,377
Median Earnings
$1,040
Median Rent
$193,800
Median Home Value
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Market
Lease Benchmarks for Detroit, MI
$22.36 /SF/Yr
Avg Asking Price
$7–$150 /SF/Yr
Price Range
36,650 SF
Avg Space Size
Vacancy Rate%for Office in Detroit, MI
11.9%2019
13.9%2020
15.2%2021
17.9%2022
20.3%2023
22%2024
19.5%2025
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Office units - Renovated mixed-use building with retail, office, and live-work spaces.
Where is this office units located?
The property is located at 1400 Gratiot Avenue Detroit, MI.
What are key features of this property?
This property features: Located at the Gateway to Eastern Market, a high‑traffic area with over 3 million annual visitors.; Recently renovated with over $1 million invested, including a new elevator, roof, and windows.; Mixed‑use building suitable for retail, restaurant, office, co‑working space, or live‑workspace.
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New: 350 Mission StJust listed · $36/SF · 2 min ago