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Property profile & analytics

645 Griswold St Detroit, MI 48226

  • Retail properties
  • 1,149,710 SF
Value Estimation
Location Intelligence

Current Use by Public Records

  • Dun-Rite Plumbing & Sewer / Plumber
  • Debra A Spicer PC / Lawyer
  • Comerica Bank / Bank / Investment Bank
  • Michael J. Kemnitz PC / Attorney
  • Verasoft / Software Company

Property Details for 645 Griswold St

Year built
1928
Property size
1,149,710 SF
Property type
Retail properties
Property subtype
Restaurants

Description

The Penobscot Building, a 47-story landmark in downtown Detroit (645 Griswold St, 48226), offers a unique opportunity for businesses seeking prestigious office space. Built in 1928, this iconic structure boasts 1,149,710 square feet across three buildings, situated on a 1.07-acre lot. Currently, 685,000 contiguous square feet are vacant, divisible into spaces as small as 1,500 square feet. The building features twelve high-speed elevators, a stunning four-story entrance archway, and meticulously preserved museum-quality decorations. Office suites range from small executive spaces to full floors (13,000 - 30,000 square feet), adaptable to both traditional and contemporary designs. Tenants benefit from on-site retail, restaurants, and convenient services, along with professional on-site management and maintenance. The Penobscot Building serves as a fiber-optic hub for the Detroit area, ensuring superior telecommunications. Security includes trained ambassadors and a sophisticated video monitoring system. Ample parking is available in nearby structures. The building's location in the heart of Detroit's revitalized business, cultural, sports, and entertainment districts provides unparalleled access and visibility. Zoned DDA Detroit in Wayne County, this property presents an exceptional full-service office environment with a rich history and a bright future.

Value Estimation

Powered by Realmo proprietary methodology Last update: July 3, 2025
  • CAP approach

  • Comparable approach

  • Alternative Use

Location Insight

  • Map
  • Local Demand
City
Detroit
County
Wayne
State
Michigan
Longitude
-83.0475
Latitude
42.3302
More about this property
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