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    1 Woodward Ave Detroit, MI 48226

    Sponsored
    For Lease
    Contact for pricing

    Prime Detroit office, flexible suites available.

    Lot size:
    370,364 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    397
    Located at 1 Woodward Ave, Detroit, MI 48226, this traditional office building offers a unique opportunity for businesses seeking flexible space in the heart of the city. The property, known as One Woodward, boasts a total of 370,364 square feet, with a minimum divisible space of 2,380 square feet and a maximum contiguous space of 26,160 square feet. Currently, 54,532 square feet is available for lease. Built in 1962 and extensively renovated in 2011, the building is zoned PCA and sits on a 0.57-acre lot (APN: 02-0019105). The property is ideally suited for multiple tenants, offering a range of options to accommodate various business needs. Its central location in Wayne County provides easy access to major transportation routes and amenities. This is a rare opportunity to secure high-quality office space in a landmark Detroit building. The building's modern amenities and prime location make it an attractive option for businesses of all sizes. Contact us today to learn more about leasing opportunities and explore the possibilities of establishing your business in this prestigious address.

    Property Features for 1 Woodward Ave

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    370,364 SF

    Building Details

    Year Built/Renovated
    1962/2011

    Unit(s) available at that property

    Space
    Suite 1100
    Size
    14,936 SF
    Space
    Suite 1400
    Size
    4,001 SF
    Space
    Suite 1504
    Size
    3,974 SF
    Space
    Suite 1800
    Size
    13,206 SF
    Space
    Suite 1900
    Size
    12,954 SF
    Space
    Suite 2000
    Size
    5,461 SF

    HighLights

    • For Lease: One Woodward Building Office Space.
    • Highly flexible floor plans, accommodating single or multi‑tenant occupancy.
    • Suites ranging from 2,380 to 26,160 square feet available.
    • Stunning Detroit Riverfront views from floor‑to‑ceiling windows.
    • New 10,000 SF tenant lounge coming soon.
    • Building amenities include a sundry shop, 24/7 security, and a sophisticated glass lobby with seating.
    Property Profile Location Intelligence

    Current Use by Public Records

    DiPilla Dentistry of Detroit Dentist Kitch Attorneys & Counselors, ... Law Firm Fraser Trebilcock Attorney Meghan Kennedy Riordan Immigration Attorney Pma Consultants LLC Business Management Consultant

    Suggested Use

    Restaurant Realty agency Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Nail Salon Auto Parts Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Detroit
    County
    Wayne
    State
    Michigan
    Longitude
    -83.0516805
    Latitude
    42.3368532

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    FAQs

    What type of property is this?
    Office Property / Space - Prime Detroit office, flexible suites available.
    Where is this office property / space located?
    The property is located at 1 Woodward Ave Detroit, MI.
    What are key features of this property?
    This property features: For Lease: One Woodward Building Office Space.; Highly flexible floor plans, accommodating single or multi-tenant occupancy.; Suites ranging from 2,380 to 26,160 square feet available.
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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
    1 Woodward Ave Detroit, MI 48226
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