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Historic 18-Story Office Building
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615 Griswold St, Detroit, MI 48226

B5-zoned property features renovated lobby and common areas, with mechanical systems serving each floor.

Property Size242,000 SF
Days on Market2545

Property Features for 615 Griswold St

General Information

Standard status Active
Size 242,000 SF
Class B
Elevators Yes
Property subtype Office
Zoning B5
Occupancy 14%

Building Details

Building Size 242,000 SF
Year Built 1907
Buildings 1
Stories 19
Listing Agency: Friedman Integrated Real Estate
Listed By: Steven Silverman
Source: Cpix.resimplifi
Added: Sep 3, 2019 Changed: Aug 21 Last Checked: Aug 21 at 3:57AM

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 Friedman Integrated Real Estate

Investment Insights

Based on property information with market context.

The Ford Building is an approximately 242,000-square-foot office property completed in 1907. Its 18-story configuration includes horseshoe-shaped floor plates, abundant natural light, and flexible layouts supported by mechanical systems on each floor. The lobby, elevators, and shared areas have been renovated with updated finishes and systems.

The building is located at 615 Griswold St in downtown Detroit’s central business district. Current occupancy is approximately 14%. First-floor retail includes two available spaces ranging from approximately 2,500 to 8,600 square feet, while Jimmy John’s occupies space under a lease extending through 2030. On-site valet parking is supplemented by nearby structured parking options. The property is positioned for office lease-up, repositioning, or adaptive reuse into multifamily, hotel, or mixed-use space.

Key Highlights

  • Approximately 242,000 SF office building completed in 1907
  • 18‑story building with horseshoe floor plates and flexible layouts
  • Approximately 14% occupied

Property Analytics

Current Use

EscapeTix (Bike/Boat/Book/etc) Store Competitive Tax Group Tax Preparation Jerome P Barney ... Law Firm CU Innovative Marketing Marketing & Advertising THE PuLSE INSTITUTE Charitable Organization

Suggested Use

Top Pick Electrical Service Daycare Center HVAC Service (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

14%
Occupancy

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

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
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Frequently Asked Questions

What type of property is this?
Office building - B5-zoned property features renovated lobby and common areas, with mechanical systems serving each floor.
Where is this office building located?
The property is located at 615 Griswold St Detroit, MI.
What are key features of this property?
This property features: Approximately 242,000 SF office building completed in 1907; 18‑story building with horseshoe floor plates and flexible layouts; Approximately 14% occupied
More about this property
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