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Mixed-Use Restaurant and Office Building
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565 E Larned Street, Detroit, MI 48226

Flexible mixed-use layout with private on-site parking supports retail, office, restaurant, or redevelopment plans.

Property Size32,552 SF
Price / SF$79.87
Days on Market160

Property Features for 565 E Larned Street

General Information

Standard status Active
Size 32,552 SF
Property subtype Multifamily, Office

Building Details

Year Built 1916
Listing Agency: O'Connor Real Estate
Listed By: Vincent Mazzola · License #MI
Source: Crexi
Added: Mar 4 Changed: Aug 8 Last Checked: Aug 10 at 8:06AM

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 O'Connor Real Estate

Investment Insights

Based on property information with market context.

This mixed-use building features an adaptable layout that can support retail, office, restaurant uses, or redevelopment. The first floor previously operated as the Opus One Restaurant, providing a history of restaurant occupancy within the property’s existing configuration. The offering also includes a private on-site parking lot to support day-to-day access for users and visitors.

The property is located at 565 E Larned Street in Detroit, MI 48226, and the sale includes a 0.276-acre (12,027 SF) parking lot at 550 E Larned. In addition to the private lot, there is additional nearby parking described as available to support future tenants or users.

For tenants, the building’s mixed-use arrangement is a practical fit for operators seeking flexibility across front-of-house retail, professional office space, or restaurant concepts. For buyers, the combination of an adaptable interior layout and included parking supports multiple operating scenarios, including redevelopment, subject to applicable approvals. The private lot and surrounding parking access are key considerations for customers, staff, and daily operations.

Key Highlights

  • Mixed‑use building built in 1916 with an adaptable layout for retail, office, restaurant, or redevelopment use
  • First floor previously operated as the Opus One Restaurant
  • Includes a private on‑site parking lot totaling 0.276 acre (12,027 SF) at 550 E Larned

Property Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick Electrical Service (Bike/Boat/Book/etc) Store Kitchen & Bath Showroom Daycare Center Carpet & Flooring Store 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.

Location Intelligence

Trade Area within ½ mile

5,321
Businesses Nearby
Under-served
Demand for This Use

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
Rey
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Flexible mixed-use layout with private on-site parking supports retail, office, restaurant, or redevelopment plans.
Where is this conventional restaurant located?
The property is located at 565 E Larned Street Detroit, MI.
What is the asking price?
The asking price for this property is $2,600,000.
What are key features of this property?
This property features: Mixed‑use building built in 1916 with an adaptable layout for retail, office, restaurant, or redevelopment use; First floor previously operated as the Opus One Restaurant; Includes a private on‑site parking lot totaling 0.276 acre (12,027 SF) at 550 E Larned
(313) 704-2678 Call to check price and availability
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