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    1307 Bdwy St Detroit, MI

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    For Sale
    $2,240,000

    Multi-tenant retail and office space near Detroit's major attractions.

    Property size:
    14,300 SF
    Lot size:
    0.08 Acres

    Property Features for 1307 Bdwy St

    General Information

    Size
    14,300 SF
    Lot size
    0.08 Acres

    Source: Colliers Agent Simon Jonna

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Mixed-Use Property in Arts District

    This multi-tenant mixed-use property features both retail and office spaces. It is located within walking distance of Campus Martius, Little Caesars Arena, Comerica Park, Ford Field, the Detroit Athletic Club (DAC), Detroit Opera House, Fox Theatre, and the Filmore Theatre. The property is near major Broadway Street developments, including the Shinola Hotel and Element Hotel. It offers access and branding opportunities for tenants and is situated on the Belt Alley in the Arts District. The location is near the Q Line and numerous national retailers. Broadway Street sees a traffic volume of 10,581 vehicles per day. The property has 35 feet of frontage on Broadway.
    Location Intelligence

    Current Use by Public Records

    Isalis Gift Shop Party City Party Store Skunk Funk Wholesaler Carl's Trading Co Hat Shop Bushka's Kitchen LLC Outdoor Clothing And Equipment Shop

    Suggested Use

    Realty agency Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Food Market Daycare Center Skin Care Clinic Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Detroit
    County
    Wayne
    State
    Michigan
    Longitude
    -83.0602998
    Latitude
    42.348495

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    FAQs

    What type of property is this?
    Mixed-use property - Multi-tenant retail and office space near Detroit's major attractions.
    Where is this mixed-use property located?
    The property is located at 1307 Bdwy St Detroit, MI.
    What is the asking price?
    The asking price for this property is $2,240,000.
    What are key features of this property?
    This property features: - High Visibility: 10,581 Vehicles Per Day (VPD) on Broadway Street.; - Prime Location: Walking distance to Campus Martius, Little Caesars Arena, Comerica Park, Ford Field, DAC, Detroit Opera House, Fox Theatre, & Filmore Theatre.; - Mixed-Use Potential: Suitable for both Retail and Office Tenants.
    (249) 540-1000
    Request Owner's contact information
    1307 Bdwy St Detroit, MI
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    Detroit, MI
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1307 Bdwy St Detroit, MI
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