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    150 Bagley St Detroit, MI 48226

    Sponsored
    For Lease
    $35 SF/Yr

    Prime Detroit location, flexible space, tenant incentives.

    Lot size:
    10,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional Detroit property at 150 Bagley St, zip code 48226, offers a unique opportunity for retail and restaurant businesses. The space is available in multiple configurations, ranging from 2,500 square feet to 10,000 square feet, catering to a variety of needs. Currently, there is one space available. Ideal for service retail or a full-service restaurant, the property features a flexible layout. A significant portion of the space (5,400-9,600 sq ft) is designed for restaurant use and spans two levels, providing ample room for dining and kitchen operations. Additionally, a 2,500 square foot space is perfect for retail or fast-casual establishments. The landlord is committed to providing a "white box" condition, offering a blank canvas for tenant customization. Attractive tenant allowances and flexible rental terms are negotiable, making this an exceptional opportunity for businesses seeking a prominent location in the heart of Detroit. The property's central location in Detroit, Michigan ensures high visibility and accessibility for customers. This is a rare chance to secure a versatile and well-positioned space in a thriving urban environment.

    Property Features for 150 Bagley St

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    10,000 SF

    Unit(s) available at that property

    Space
    Available Space 1
    Size
    10,000 SF
    Rate per SF
    $35

    HighLights

    • 150 Bagley St, Detroit, MI 48226: Retail and restaurant space available.
    • Multiple configurations from 2,500 to 10,000 square feet.
    • One available space; 5,400‑9,600 sq ft restaurant space (two levels) and 2,500 sq ft retail space.
    • White box condition; tenant improvements negotiable.
    • Flexible lease terms and tenant allowances available.
    • High‑visibility location in downtown Detroit.
    Property Profile Location Intelligence

    Current Use by Public Records

    United Artists Theater ... Historical Landmark Residences @ 150 Bagley Housing Development United Artists Building Corporate Office

    Suggested Use

    Realty agency Spa & Massage Dental Office Hair Salon Restaurant Nail Salon Building Supply Daycare Center Gym & Fitness Skin Care Clinic

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

    Location Insight

    • Map
    • Local Demand
    City
    Detroit
    County
    Wayne
    State
    Michigan
    Longitude
    -83.052674198118
    Latitude
    42.334974885703

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    FAQs

    What type of property is this?
    Restaurant - Prime Detroit location, flexible space, tenant incentives.
    Where is this restaurant located?
    The property is located at 150 Bagley St Detroit, MI.
    What is the lease rate?
    The lease rate is $35 SF/Yr.
    What are key features of this property?
    This property features: 150 Bagley St, Detroit, MI 48226: Retail and restaurant space available.; Multiple configurations from 2,500 to 10,000 square feet.; One available space; 5,400-9,600 sq ft restaurant space (two levels) and 2,500 sq ft retail space.
    Request Owner's contact information
    150 Bagley St Detroit, MI 48226
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    Detroit, MI 48226
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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
    150 Bagley St Detroit, MI 48226
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