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    3011 Grand Blvd Detroit, MI 48202

    Sponsored
    For Lease
    $25 SF/Yr

    Detroit Storefront: 9,357 SF Available

    Lot size:
    635,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    Prime Detroit retail space available in the iconic Fisher Building, a 30-story Class B building completed in 1928 and renovated that year. This stunning building offers 9,357 square feet of vacant space, divisible to a minimum of 1,052 square feet and with a maximum contiguous space of 9,357 square feet. Located at 3011 W Grand Blvd, Detroit, MI 48202, on the NE corner of Woodward and Baltimore, this property benefits from a high-traffic location within the New Center neighborhood. The building's diverse tenant base, including office workers and theatre-goers, provides a substantial customer pool. Units feature large windows, high ceilings, and historic brass finishes. The property boasts 300+ parking spaces directly adjacent to the arcade entrances, ensuring convenient access for customers and employees. Excellent public transportation access and proximity to major freeways (less than 1 mile from I-94, M-10, I-75, and Woodward Ave

    Property Features for 3011 Grand Blvd

    General Information

    Property type
    Individual retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    635,000 SF
    Class
    B
    Total Rate
    1322916.67

    Building Details

    Year Renovated
    1928
    Buildings
    1
    Stories
    30

    Unit(s) available at that property

    Space
    Fisher Retail
    Size
    9,357 SF
    Rate per SF
    $25

    HighLights

    • Strong first‑floor tenant mix including Mature MG Studio, Pure Detroit, Peacock Room, Promenade Artisan Foods, Russell's Pharmacy, Shy vs Bold, TechTown Retail Pop‑Up, and Varna.
    • High‑quality tenant roster with diverse offerings.
    • Established retail presence attracting significant foot traffic.
    Property Profile Location Intelligence

    Current Use by Public Records

    Austin Black II, ... Real Estate Agency Pure Detroit Tours ... Clothing Store Bayview Electric Company, ... Electrical Installation Service Promenade Artisan Foods Restaurant Bruce Donigan DDS Dentist

    Suggested Use

    Realty agency Law Firm Restaurant 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
    Detroit
    County
    Wayne
    State
    Michigan
    Longitude
    -83.0775183
    Latitude
    42.3693184

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    FAQs

    What type of property is this?
    Individual retail property - Detroit Storefront: 9,357 SF Available
    Where is this individual retail property located?
    The property is located at 3011 Grand Blvd Detroit, MI.
    What is the lease rate?
    The lease rate is $25 SF/Yr.
    What are key features of this property?
    This property features: Strong first-floor tenant mix including Mature MG Studio, Pure Detroit, Peacock Room, Promenade Artisan Foods, Russell's Pharmacy, Shy vs Bold, TechTown Retail Pop-Up, and Varna.; High-quality tenant roster with diverse offerings.; Established retail presence attracting significant foot traffic.
    Request Owner's contact information
    3011 Grand Blvd Detroit, MI 48202
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    Detroit, MI 48202
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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
    3011 Grand Blvd Detroit, MI 48202
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