Office Building For
2630 Charlevoix Street Detroit, MI 48207
2630 Charlevoix Street, Detroit, MI, 48207
Contact for pricing
For Sale
Contact for pricing
Office building offered for sale with approximately 20,361 SF of space.
Property Size20,361 SF
Price / SF$122.78
Days on Market8
Property Features for 2630 Charlevoix Street
General Information
- Standard status
- Active
- Size
- 20,361 SF
- Property subtype
- Office, Multifamily
Building Details
- Year Built
- 1908
Listing Agency
KW Domain
(248) 590-0800
Listed by
Todd Zahn
Source
Crexi
Added: Jul 14 Updated: Jul 20 at 3:03 am Checked: Jul 20 at 3:03 am
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 KW Domain
Investment Insights
Based on property information with market context.
This office building is offered for sale and includes approximately 20,361 SF of office space. The property presents a straightforward option for office users or investors seeking an owned commercial asset.
The property is located at 2630 Charlevoix Street in Detroit, Michigan. The listing is identified as an office building in the property record, with sale terms provided as a for-sale offering.
The property is located at 2630 Charlevoix Street in Detroit, Michigan. The listing is identified as an office building in the property record, with sale terms provided as a for-sale offering.
Key Highlights
- Office building built in 1908
- Approximately 20,361 SF of office space
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $356.7k | $17.52 |
| − Vacancy | −$81.7k | −$4.01 |
| EGI | $275.0k | $13.51 |
| − OpEx | −$68.8k | −$3.38 |
| NOI | $206.3k | $10.13 |
20,361 SF · lease $17.52/SF/yr · vacancy 22.90% · expense 25.00%
Alternative Uses
Best Use
Office B
$2.95M
$2.58M – $3.44M
NOI $206,276 @ 7.0% cap · market cap 8.25%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$4.49M
$3.93M – $5.24M
NOI $314,420 @ 7.0% cap · market cap 12.58%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
AAA Preferred Adult ...
Adult Day Care
Similar For Sale Nearby
FAQs
What type of property is this?
Office building - Office building offered for sale with approximately 20,361 SF of space.
Where is this office building located?
The property is located at 2630 Charlevoix Street Detroit, MI.
What is the asking price?
The asking price for this property is $2,500,000.
What are key features of this property?
This property features: Office building built in 1908; Approximately 20,361 SF of office space
