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Historic Office Building Renovation
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311 East Grand River Avenue, Detroit, MI 48226

35,826 RSF office building with high ceilings and historic features, renovation underway, parking in an adjacent structure.

Space Size8,210 SF
Days on Market1355

Property Features for 311 East Grand River Avenue

General Information

Standard status Active
Size 8,210 SF
Property subtype OFFICE

Spaces For Lease

at 311 East Grand River Avenue Contact us

311 E Grand River Ave

Floor
3
Size
8,210 SF
Type
OFFICE
Rate
Contact for pricing
Availability
AVAILABLE, Now
Sublease
No
+ 35,826 RSF Building + Complete renovation underway + Conveniently located in...
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Listing Agency: CBRE | Detroit
Listed By: Jasper Hanifi
Source: Moodyscre
Added: Dec 29, 2022 Changed: Sep 3 Last Checked: Sep 14 at 10:50AM

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

Investment Insights

Based on property information with market context.

A renovated office building of approximately 35,826 RSF is currently undergoing a complete renovation. The property features high ceilings and historic architectural elements, offering a distinctive interior for an office headquarters setting.

Conveniently located in the Harmonie Park/Paradise Valley area at 311 East Grand River Avenue in Detroit, the building is positioned near a range of downtown amenities. Parking is available in an adjacent structure, and the property is proximate to locations including the DAC, Comerica Park, The Shinola Hotel, The Siren Hotel, The Metropolitan Hotel, and the Opera House.

Key Highlights

  • 35,826 RSF office building
  • Complete renovation underway
  • High ceilings with historic features

Property Analytics

Current Use

Restaurant Opportunities Center Charitable Organization besa detroit Restaurant Opera House Parking ... Parking Lot & Garage Estatua de como ... Bar & Pub Immersive Klimt Detroit Resort

Suggested Use

Top Pick Auto Parts Store Kitchen & Bath Showroom Electrical Service Building Supply HVAC Service Nail Salon

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

5,897
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

Lease Benchmarks for Detroit, MI

$23.66 /SF/Yr
Avg Asking Price
$15.95–$30 /SF/Yr
Price Range
69,931 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
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Frequently Asked Questions

What type of property is this?
Office building - 35,826 RSF office building with high ceilings and historic features, renovation underway, parking in an adjacent structure.
Where is this office building located?
The property is located at 311 East Grand River Avenue Detroit, MI.
What are key features of this property?
This property features: 35,826 RSF office building; Complete renovation underway; High ceilings with historic features
(248) 351-2020 Call to check price and availability
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