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    390 Park St Birmingham, MI 48009

    Sponsored
    For Lease
    $36 SF/Yr ($16,164 /Mo)

    Prestigious A-Class Office Space Available

    Lot size:
    5,388 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional Class A office building, located at 390 Park Street in the heart of downtown Birmingham, Michigan, offers 5,388 square feet of immediately available space. The property is zoned B1 and situated in the desirable Birmingham Area submarket of Oakland County. Multiple tenancy options are available, with spaces ranging from a minimum of 1,342 square feet to a maximum contiguous space of 4,046 square feet. The entire 5,388 square foot building is currently vacant, presenting a unique opportunity for a single tenant or multiple occupants. On-site ownership and management ensure efficient operations and responsive service. Convenient on-site parking is provided, supplemented by additional deck parking directly across the street. This property represents a rare chance to secure prestigious office space in a vibrant downtown location with attractive lease terms. The building consists of one structure and is ideal for businesses seeking a high-profile address in a thriving community. Inquire today to learn more about this exceptional opportunity.

    Property Features for 390 Park St

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    5,388 SF
    Class
    A
    Total Rate
    16164

    Building Details

    Buildings
    1

    Unit(s) available at that property

    Space
    Suite 101
    Size
    1,330 SF
    Rate per SF
    $36
    Space
    Suite 208
    Size
    1,342 SF
    Rate per SF
    $36
    Space
    Suite 110
    Size
    1,329 SF
    Rate per SF
    $36

    HighLights

    • Detroit‑Warren‑Dearborn MSA.
    • 8,114 square foot building.
    • Situated on Woodward Avenue.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Law Firm Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Birmingham
    County
    Oakland
    State
    Michigan
    Longitude
    -83.2130369
    Latitude
    42.5487423

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    FAQs

    What type of property is this?
    Office Property / Space - Prestigious A-Class Office Space Available
    Where is this office property / space located?
    The property is located at 390 Park St Birmingham, MI.
    What is the lease rate?
    The lease rate is $36 SF/Yr.
    What are key features of this property?
    This property features: Detroit-Warren-Dearborn MSA.; 8,114 square foot building.; Situated on Woodward Avenue.
    Request Owner's contact information
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    390 Park St Birmingham, MI 48009
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