Five-Story Office
For Sale
Contact for pricing
1400-1404 Gratiot Ave, Detroit, MI 48207
Five-story office building with approximately 20% occupancy and documented capital upgrades from 2020 through 2025.
Property Size19,430 SF
Days on Market389
Property Features for 1400-1404 Gratiot Ave
General Information
Standard status
Active
Size
19,430 SF
Property subtype
OFFICE
Listing Agency:
NAI Farbman - Corporate
(248) 563-0739
Listed By:
Wendy Acho · License #6501411463
(248) 563-0739
Source:
Moodyscre
Added: Jul 15, 2025
Changed: Jul 27
Last Checked: Aug 6 at 12:18PM
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.
This five-story office building offers approximately 20,000 square feet of space and is currently reported at about 20% occupancy. Public remarks indicate the property has received approximately $1.50 million in capital upgrades from 2020 through 2025.
The building is located on the busy southeast corner of Gratiot Ave and Russell St, positioned at the gateway to Eastern Market. The property is described as being within a Qualified Opportunity Zone (QOZ) and in the General Business District (B4).
For tenants and investors evaluating office space in Detroit, the location is also described as walkable to the local dining, sports, and entertainment districts.
The building is located on the busy southeast corner of Gratiot Ave and Russell St, positioned at the gateway to Eastern Market. The property is described as being within a Qualified Opportunity Zone (QOZ) and in the General Business District (B4).
For tenants and investors evaluating office space in Detroit, the location is also described as walkable to the local dining, sports, and entertainment districts.
Key Highlights
- Approx. 20,000 SF, 5‑story office building in Detroit’s Eastern Market
- 20% occupancy
- Received approximately $1.50 MM in capital upgrades from 2020 through 2025
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
491
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
Vacancy Rate% for Office in Detroit, MI
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office building - Five-story office building with approximately 20% occupancy and documented capital upgrades from 2020 through 2025.
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: Approx. 20,000 SF, 5‑story office building in Detroit’s Eastern Market; 20% occupancy; Received approximately $1.50 MM in capital upgrades from 2020 through 2025
