1228 Griswold St Detroit, MI 48226
- Retail properties
- 168,000 SF
- 0.35 lot acres
Current Use by Public Records
- Robyn Detroit / Art Gallery / Clothing Store
Property Details for 1228 Griswold St
- Year built
- 2014
- Lot size
- 0.35 lot acres
- Property size
- 168,000 SF
- Property type
- Retail properties
Description
The Albert, a Class A retail property located at 1228 Griswold St, Detroit, MI 48226, offers a unique opportunity for businesses seeking a vibrant location in the heart of the city. This 168,000 square foot building, constructed in 2014 following a renovation of a historically significant structure (originally built in 1929 and listed on the National Register of Historic Places in 1980), boasts 127 suites and is situated on a 0.35-acre lot within the Capitol Park Historic District. The available retail space totals 1,239 square feet, with a minimum divisible space of 1,606 square feet. The building features one 12-story building with elevators, and is zoned B5. This prime location offers high visibility and accessibility, benefiting from the surrounding neighborhood's charm and the historic Capitol Park. The property's modern amenities, combined with its rich history and central location, make it an ideal space for a variety of retail businesses. This is a rare opportunity to secure retail space in a highly sought-after Detroit location. The building's 14,000 square feet of retail space is situated on the first floor, providing excellent street-level exposure.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Detroit
- County
- Wayne
- State
- Michigan
- Longitude
- -83.049
- Latitude
- 42.3331
