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Boutique Corner Office Building
For Lease
Contact for pricing

607 Shelby Street, Detroit, MI 48226

Fully rehabbed corner office building with new mechanicals and elevators, near multiple parking options.

Space Size1,774 SF
Days on Market1402

Property Features for 607 Shelby Street

General Information

Standard status Active
Size 1,774 SF
Property subtype OFFICE

Site & Location

Neighborhood Downtown

Amenities

Coffee Down Under
Asian fusion steakhouse

Spaces For Lease

at 607 Shelby Street
607 Shelby St AVAILABLE, Now
Floor 4
Size 1,774 SF
Type OFFICE
Rate Contact for pricing
Sublease No
- Located at the corner of Shelby and Congress - Boutique office building with first rate amenities including Coffee Down Under and a to be announced Asian fusion steakhouse - Completely rehabbed building with new mechanicals and elevators - Proximate to several parking options - Centrally located between Campus Martius and Huntington Place
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Listing Agency: CBRE | Detroit
Listed By: Jasper Hanifi
Source: Moodyscre
Added: Dec 29, 2022 Changed: Oct 25 Last Checked: Oct 30 at 4:22PM

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 CBRE | Detroit

Rey
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Investment Insights

Based on property information with market context.

This boutique corner office building has been completely rehabbed with new mechanicals and elevators. The building is positioned for modern office use with on-site first-rate amenities referenced in the marketing remarks.

The property is located at the corner of Shelby and Congress and is proximate to several parking options. It is also described as centrally located between Campus Martius and Huntington Place.

With its updated core systems and elevator service, the building offers a turnkey foundation for an office tenant looking for a renovated, centrally situated workspace.

Key Highlights

  • Corner office building located at Shelby and Congress
  • Completely rehabbed with new mechanicals and elevators
  • Centrally located between Campus Martius and Huntington Place

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Phoenix Flames Co Clothing Store JSB Business Solutions ... Business Management Consultant A|Squared Legal Group, ... Law Firm TYMEYT Corporation (Bike/Boat/Book/etc) Store shelby Bar & Pub

Suggested Use

Top Pick Electrical Service HVAC Service Daycare Center (Bike/Boat/Book/etc) Store Kitchen & Bath Showroom Veterinary Clinic

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

5,484
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Lease Benchmarks for Detroit, MI

$22.99 /SF/Yr
Avg Asking Price
$15.95–$30 /SF/Yr
Price Range
79,307 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

Frequently Asked Questions

What type of property is this?
Office building - Fully rehabbed corner office building with new mechanicals and elevators, near multiple parking options.
Where is this office building located?
The property is located at 607 Shelby Street Detroit, MI.
What are key features of this property?
This property features: Corner office building located at Shelby and Congress; Completely rehabbed with new mechanicals and elevators; Centrally located between Campus Martius and Huntington Place
(248) 351-2020 Call to check price and availability
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