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Property profile & analytics
FOR SALE
Office buildings

1759 20Th St Detroit, MI 48216

17,797 SF 1.3 ac lot Built 1900
Entity Owned ~ Est. High Equity
Property ID
US43-1728516
Property summary
AI-generated overview

This exceptional Detroit commercial property, located at 1759 20th St, offers 22,577 square feet of versatile space, ideal for a variety of uses. The building, constructed in 1903, boasts a blend of creative and traditional office layouts, encompassing two levels of office spaces and classrooms. An attached warehouse provides additional storage or functional space, complementing the substantial 18,197 square feet of net rentable area. The property sits on a generous 1.3-acre lot (approximately 56,500 square feet), presenting significant expansion or redevelopment possibilities. The building's basement offers ample additional space. Located in a prime Detroit location, it's conveniently situated near the Fisher Freeway, Michigan Central Station, and Corktown, offering excellent accessibility and visibility. The property is zoned B4 and is situated within an opportunity zone, presenting attractive investment incentives. The asking price is $2,800,000, translating to $124.02 per square foot. This single-tenancy Class C building presents a unique opportunity for investors and businesses seeking a substantial and adaptable space in a rapidly developing area. Showings are by appointment only. Buyer to verify all information.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1900
Total area 17,797 SF
Lot 1.3 ac (56,628 SF)
Zoning code B4
APN 12007595-603
UPID US43-1728516
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
Current use
Occupant on record · Public records
  • DSDT High School Vocational School
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.24M
Blend (final) Blend
$1.24M
Owner & transaction history
Dibdetroit LLC
Dibdetroit LLC
since 2025
7 recorded transactions
2025
Price N/A
2025
Price N/A
2023
Price N/A
2019
Price N/A
2018
Price N/A
2011
Price N/A
2009
$250,000
Zoning & alternative use
B4 · Detroit, MI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general) $1.6M +48.1%
Restaurant $1.6M +48.0%
Neighborhood: shopping center $1.4M +22.9%
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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