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Property profile & analytics
OFF-MARKET
Office Spaces

2751 E - 2725 Detroit, MI 48207

73,308 SF Built 1929
Property ID
Property summary
AI-generated overview

Exceptional redevelopment opportunity in Detroit's Central Business District. This five-story, 73,308 square foot vacant creative office building, built in 1929, presents a unique chance to create a mixed-use development. The existing structure offers potential for up to 48 residential condominium units (1,000 sq ft each, adaptable to different sizes), while a new rooftop level could add four more luxury condos (approx. 2,000 sq ft each) with stunning river and downtown views. The building's prime location directly on the Dennis Archer Greenway provides easy access to the Detroit Riverfront, parks, and greenways. Its proximity to the Dequindre Cut, Downtown Detroit, Midtown, and a new Meijer grocery store enhances its appeal. The redevelopment plan includes high-end amenities such as a gym and lobby, along with rentable meeting rooms and a coffee shop on the ground floor. The property includes 50 parking spaces and is offered at $10,995,000 ($159.61/sq ft) with a NNN lease type. This is a chance to create a vibrant live/work/play environment in a thriving urban setting. The building features an elevator. Total land area includes 16,117 sq ft plus an additional 23,851 sq ft parking lot.

Property profile
Verified
Property type Office Spaces
Year built 1929
Total area 73,308 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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