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

Renovation is underway in a historic office building with high ceilings and parking available in an adjacent structure.

Property Size8,291 SF
Days on Market1311

Property Features for 311 East Grand River Avenue

General Information

Standard status Active
Size 8,291 SF
Net Rentable 35,826 SF
Property subtype OFFICE

Space & Availability

Available Space 35,826 SF
Contiguous Space 35,826 SF

Building Details

Building Size 35,826 SF
Listing Agency: CBRE | Detroit
Listed By: Jasper Hanifi · License #6502401928
Source: Moodyscre
Added: Dec 29, 2022 Changed: Jul 29 Last Checked: Jul 31 at 9:32AM

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 renovation is underway for this historic office building, featuring high ceilings and preserved architectural elements. The property is positioned for tenants seeking a headquarters-style space in a character-forward setting.

Located at 311 East Grand River Avenue in Detroit’s Harmonie Park/Paradise Valley area, the building offers parking in an adjacent structure. It is also proximate to a range of nearby amenities, including the DAC, Comerica Park, multiple hotel options, and the Opera House.

The combination of historic features, high ceilings, and active renovation supports a range of office uses looking to establish a strong presence in the area.

Key Highlights

  • Renovation underway for a historic office building
  • High ceilings and historic features
  • Parking available in an adjacent structure

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

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 - Renovation is underway in a historic office building with high ceilings and parking available 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: Renovation underway for a historic office building; High ceilings and historic features; Parking available in an adjacent structure
(248) 351-2020 Call to check price and availability
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