Mixed-Use Retail with Skyline
For Lease
Contact for pricing
1400-1404 Gratiot Ave, Detroit, MI 48207
Up to 15,544 SF available with ground-floor retail/restaurant space, flexible floor plates, and dedicated amenities including restrooms and HVAC.
Space SizeContact for details
Property Size19,430 SF
Days on Market548
Property Features for 1400-1404 Gratiot Ave
General Information
Standard status
Active
Size
19,430 SF
Class
B
Property subtype
Office
Zoning
B4
Additional Details
Opportunity Zone
Yes
Building Details
Building Size
19,430 SF
Buildings
1
Stories
5
Listing Agency:
NAI Farbman
Listed By:
Wendy Acho · License #6501411463
(248) 563-0739
Source:
Cpix.resimplifi
Added: Mar 6, 2025
Changed: Aug 8
Last Checked: Sep 5 at 3:42AM
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 NAI Farbman
Investment Insights
Based on property information with market context.
Up to 15,544 SF is available in a multi-level retail building with ground-floor retail/restaurant space and approximately +/- 4,000 SF floor plates on the 2nd, 3rd, and 5th floors. Additional space includes roughly +/- 3,000 SF of basement/storage. Suites offer open floor plans, in-suite restrooms, and kitchenettes. Building updates include a new roof, windows, HVAC, and an elevator.
The property is located at the busy southeast corner of Gratiot Ave and Russell St, at the gateway to Eastern Market. Street parking is available along Gratiot Ave in front and the service drive in back, with ample additional surface parking on or near walkable off-site locations.
This offering is within a Qualified Opportunity Zone (QOZ) and is zoned under the City of Detroit’s General Business District (B4).
The property is located at the busy southeast corner of Gratiot Ave and Russell St, at the gateway to Eastern Market. Street parking is available along Gratiot Ave in front and the service drive in back, with ample additional surface parking on or near walkable off-site locations.
This offering is within a Qualified Opportunity Zone (QOZ) and is zoned under the City of Detroit’s General Business District (B4).
Key Highlights
- Up to 15,544 SF available with ground‑floor retail/restaurant space and open floor plans
- +/- 4,000 SF floor plates on the 2nd, 3rd, and 5th floors
- +/- 3,000 SF basement/storage area
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
1,335
Businesses Nearby
Explore this area
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
Market
Lease Benchmarks for Detroit, MI
$24.64 /SF/Yr
Avg Asking Price
$7–$150 /SF/Yr
Price Range
30,693 SF
Avg Space Size
Vacancy Rate% for Office in Detroit, MI
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office units - Up to 15,544 SF available with ground-floor retail/restaurant space, flexible floor plates, and dedicated amenities including restrooms and HVAC.
Where is this office units located?
The property is located at 1400-1404 Gratiot Ave Detroit, MI.
What are key features of this property?
This property features: Up to 15,544 SF available with ground‑floor retail/restaurant space and open floor plans; +/- 4,000 SF floor plates on the 2nd, 3rd, and 5th floors; +/- 3,000 SF basement/storage area
