1759 20Th St, Detroit, MI 48216
For Sale
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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.
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DSDT High School Vocational School
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2020Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
B4 · Detroit, MIDetroit. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.