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Mixed-Use Retail Restaurant Building
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1400-1404 Gratiot Ave, Detroit, MI 48207

Ground floor retail/restaurant space with open floor plans, in-suite restrooms, and multi-floor office availability.

Property Size3,000 SF
Days on Market513

Property Features for 1400-1404 Gratiot Ave

General Information

Standard status Active
Size 3,000 SF
Property subtype OFFICE
Zoning B4

Additional Details

Opportunity Zone Yes

Amenities

elevator
kitchenettes
views of downtown Detroit skyline
Listing Agency: NAI Farbman - Corporate
Listed By: Wendy Acho · License #6501411463
Source: Moodyscre
Added: Mar 6, 2025 Changed: Jul 28 Last Checked: Jul 31 at 1:23PM

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 - Corporate

Investment Insights

Based on property information with market context.

Up to 15,544 SF is available in a mixed-use building offering ground floor retail/restaurant space plus additional office floors. Approximately 4,000 SF floor plates are available on the 2nd, 3rd, and 5th floors, with in-suite restrooms and kitchenettes, and open floor plans throughout. There is also approximately 3,000 SF of basement/storage. The building has been updated with a new roof, new windows, HVAC improvements, and a new 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 at the front and along the service drive at the back, with additional surface parking on and walkable from nearby locations.

The tenant-ready configuration includes in-suite restrooms and practical kitchenettes across available office levels, with basement space suited for storage. It is also designated as a Qualified Opportunity Zone (QOZ) and is classified under the General Business District (B4).

Key Highlights

  • Up to 15,544 SF available with ground floor retail/restaurant plus multi‑floor space
  • ±4,000 SF floor plates on the 2nd, 3rd, and 5th floors, plus ±3,000 SF basement/storage
  • Open floor plans with in‑suite restrooms and kitchenettes

Property Analytics

Current Use

Office buildings

Suggested Use

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

491
Businesses Nearby

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

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
Rey
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Frequently Asked Questions

What type of property is this?
Office building - Ground floor retail/restaurant space with open floor plans, in-suite restrooms, and multi-floor office availability.
Where is this office building 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 plus multi‑floor space; ±4,000 SF floor plates on the 2nd, 3rd, and 5th floors, plus ±3,000 SF basement/storage; Open floor plans with in‑suite restrooms and kitchenettes
(248) 563-0739 Call to check price and availability
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