Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    119 State St Detroit, MI 48226

    Property Lookup

    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    119 State St Detroit, MI 48226


    • Industrial properties
    • 34,902 SF
    • 0.13 lot acres
    Iconic Detroit Office Space For Lease
    $30 SF/Yr

    Iconic Detroit Office Space

    Capitol Park gem: Retail & office suites available.

    119 State St, Detroit, MI 48226
    View Listing
    Property ID
    US43-4252560
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • District by Design / Furniture & Home Goods
    • Spalding DeDecker / Consultant / Civil Engineering Company
    • EcoG / (Bike/Boat/Book/etc) Store / Corporate Office
    • Lear Innovation Center / Corporate Office

    Property Details for 119 State St

    Year built
    1931
    Lot size
    0.13 lot acres
    Property size
    34,902 SF
    Property type
    Industrial properties
    APN
    23002016.161
    APU
    23002016161

    Description

    This iconic six-story, 41,103 square foot office building, located at 119 State Street in Detroit, Michigan, presents a unique opportunity for businesses seeking executive or creative office space. Originally constructed in 1931 and extensively renovated in 2018, the Burns & Wilcox Building boasts a blend of historic charm and modern amenities. The building is zoned DDA and features multiple tenancies, with a total of 41,103 square feet. Currently, there is 12,234 square feet of vacant space available, offering flexibility for businesses of various sizes. The largest contiguous space available is 6,117 square feet, ideal for a single tenant seeking a substantial presence. The property sits on a 0.16-acre lot and its Wayne County APN is 02-000268. This prime location in downtown Detroit offers excellent visibility and accessibility, making it an attractive option for companies seeking a prestigious address. The building's recent renovation ensures modern infrastructure and efficient layouts, catering to the needs of today's businesses. The building's executive and creative office subtypes cater to a wide range of business needs. This is a rare opportunity to secure office space in a landmark Detroit building.


    Value Estimations

    based on Realmo’s proprietary methodology
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $2,366,000
      Market price range: $700k - $2.37M
      AI Estimate
      $2,094,000
      Market price range: $724k - $2.09M
    • Alternative Use

      Use
      Estimation
      INDUSTRIAL (GENERAL)
      $1,400,000
      Current use
      COMMERCIAL (GENERAL)
      $3,185,000
      Change: +127% Conversion: Difficult
      RESTAURANT
      $3,185,000
      Change: +127% Conversion: Difficult
      NEIGHBORHOOD: SHOPPING CENTER
      $2,645,000
      Change: +89% Conversion: Difficult
      RETAIL STORES
      $2,410,000
      Change: +72% Conversion: Moderate
      MEDICAL BUILDING
      $2,200,000
      Change: +57% Conversion: Difficult
      OFFICE BUILDING
      $2,150,000
      Change: +53% Conversion: Difficult

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Detroit
    County
    Wayne
    State
    Michigan
    Longitude
    -83.0495
    Latitude
    42.3323
    CBSA code
    19820
    CBSA name
    DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $12,353
    $0.00
    $0.00
    $1,805,700
    -
    $0.00
    $0.00
    $3,611,400
    View Listing
    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message