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119 Garfield St Detroit, MI 48201

Sponsored
For Lease
$20 SF/Yr ($19,858 /Mo)

Prime Detroit retail & multi-family

Lot size:
11,915 SF

Description

Added:
Dec 11, 2024
Days on Market:
391
This exceptional mixed-use property at 119 Garfield Street in Detroit, Michigan, presents a unique investment opportunity. The 11,915 square foot building offers multiple tenancy options, currently featuring two suites. A significant portion of the building, totaling 2,457 square feet, is currently vacant and ready for immediate occupancy. Ideal for a variety of retail businesses, the available space ranges from a minimum of 897 square feet to a maximum contiguous space of 1,560 square feet. The building's mixed-use designation allows for flexibility in tenant selection and potential for synergistic businesses. Located in the vibrant 48201 zip code of Detroit, this property benefits from excellent visibility and accessibility. The property's multi-family component adds to its overall value and potential rental income. This is a rare chance to acquire a well-situated Detroit property with immediate income potential and significant upside. The building's existing infrastructure provides a solid foundation for new tenants, minimizing upfront investment costs. Serious inquiries are encouraged to explore this compelling opportunity further. Contact us today to schedule a viewing and discuss lease terms.

Property Features for 119 Garfield St

General Information

Property type
Multifamily properties
Lease Type
Gross Lease
RSF (Rentable sq. ft)
11,915 SF
Total Rate
19858.33

Unit(s) available at that property

Space
Suite 200
Size
1,560 SF
Rate per SF
$20
Space
Suite 100
Size
897 SF
Rate per SF
$20

HighLights

  • Two retail suites available, combinable for larger space.
  • Move‑in ready suites with white box finishes including polished floors, lighting, bathrooms, and HVAC. Suite 100: 897 SF, $1,495/month; Suite 200: 1,560 SF, $2,600/month.
  • Prime location at John R St and Garfield St, one block from Woodward Ave, across from the DMC Hospital Complex.
  • 164‑space attached parking garage.
  • Signage grant and outdoor seating available.
Property Profile Location Intelligence

Current Use by Public Records

Moka & Co Coffee Shop Sugar Hill Apartments Apartment Building Hope for Flowers by ... Women'S Clothing Store

Suggested Use

Law Firm Restaurant Realty agency Spa & Massage Hair Salon Dental Office Nail Salon Clothing Store Food Market Gym & Fitness

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

Location Insight

  • Map
  • Local Demand
City
Detroit
County
Wayne
State
Michigan
Longitude
-83.06047289
Latitude
42.35445643

FAQs

What type of property is this?
Multifamily property - Prime Detroit retail & multi-family
Where is this multifamily property located?
The property is located at 119 Garfield St Detroit, MI.
What is the lease rate?
The lease rate is $20 SF/Yr.
What are key features of this property?
This property features: Two retail suites available, combinable for larger space.; Move-in ready suites with white box finishes including polished floors, lighting, bathrooms, and HVAC. Suite 100: 897 SF, $1,495/month; Suite 200: 1,560 SF, $2,600/month.; Prime location at John R St and Garfield St, one block from Woodward Ave, across from the DMC Hospital Complex.
More about this property
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