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    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
    2025
    2023
    2019
    2018
    2011
    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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    “Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
    More about this property
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