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Mixed-Use Office and Restaurant Building
For Lease
$22.50 SF/Yr

607 Shelby St., Detroit, MI 48226

Fully rehabilitated building with modern flexible office space plus on-site dining, coffee, and historic basement amenities in downtown Detroit.

Space Size2,450 SF - 5,200 SF
Property Size50,407 SF
Days on Market140

Property Features for 607 Shelby St.

General Information

Standard status Active
Size 2,450 SF - 5,200 SF
Property subtype Office
Zoning DB
Lease Term MG

Building Details

Building Size 50,407 SF
Year Built 1937
Year Renovated 2018

Spaces For Lease

at 607 Shelby St. Contact us

5th Floor $22.50/SF/Yr

Size 2,450 SF
Type Office Building
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8th Floor $22.50/SF/Yr

Size 5,200 SF
Type Office Building
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9th Floor $22.50/SF/Yr

Size 2,545 SF
Type Office Building
Contact us

Name

Type Space Type
Contact us
Listing Agency: Friedman Integrated Real Estate
Listed By: Andrew Bower
Source: Friedmanrealestate
Added: Jun 2 Changed: Oct 11 Last Checked: Oct 19 at 5:51AM

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 Friedman Integrated Real Estate

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Investment Insights

Based on property information with market context.

This fully rehabilitated mixed-use building was repositioned between 2016 and 2018, delivering modern, flexible office space designed to fit a range of tenant needs. The property is also home to a creative tenant community, supported by distinct on-site experiences within the building. In addition to office space, the historic basement vault offers a Shelby speakeasy atmosphere, complemented by an on-site Down Under coffee shop.

Located in downtown Detroit’s cultural and business district, the building is positioned for tenants who want to be close to the city’s active mix of work and activity. Off-street parking is available nearby for both tenants and visitors, supporting day-to-day accessibility.

The combination of flexible office space and established in-building dining, coffee, and entertainment options can make this property a strong match for office users seeking a more engaging, destination-style environment. It may also appeal to operators who value a creative, mixed-use tenant mix and a building that has already undergone a major repositioning for contemporary use.

Key Highlights

  • 1937 mixed‑use building fully rehabilitated and repositioned between 2016–2018
  • Modern, flexible office space designed for a variety of business uses
  • Historic basement vault featuring a Shelby speakeasy amenity

Property Analytics

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Open Analytics

Current Use

Phoenix Flames Co Clothing Store JSB Business Solutions ... Business Management Consultant A|Squared Legal Group, ... Law Firm TYMEYT Corporation (Bike/Boat/Book/etc) Store shelby Bar & Pub

Suggested Use

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

Lease Details

NNN (Triple Net)
Lease Type
$3.38 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

5,484
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Lease Benchmarks for Detroit, MI

$22.99 /SF/Yr
Avg Asking Price
$15.95–$30 /SF/Yr
Price Range
79,307 SF
Avg Space Size

This space is priced 2% below the average of $22.99 /SF/Yr.

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

Frequently Asked Questions

What type of property is this?
Office building - Fully rehabilitated building with modern flexible office space plus on-site dining, coffee, and historic basement amenities in downtown Detroit.
Where is this office building located?
The property is located at 607 Shelby St. Detroit, MI.
What is the lease rate?
The lease rate is $22.50 SF/Yr.
What are key features of this property?
This property features: 1937 mixed‑use building fully rehabilitated and repositioned between 2016–2018; Modern, flexible office space designed for a variety of business uses; Historic basement vault featuring a Shelby speakeasy amenity
More about this property
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