426 Clinton St Detroit, MI 48226-2316
The Tremonti Building, a stunning five-story structure at 426 Clinton St, Detroit, MI 48226, presents a unique opportunity for lease. This 69,744 square foot building, built in 1916, boasts a rich history and sits on a substantial 2.7 acres of land. Currently, the entire building is available for lease, offering flexibility for a single large tenant or the potential for multiple tenants. The property is zoned as Commercial Renaissance Zone, providing potential tax advantages. Its architectural style lends itself to both traditional and creative office spaces, making it suitable for a wide range of businesses. The building's substantial size and prime location in Wayne County, within the vibrant city of Detroit, offer unparalleled visibility and accessibility. The property's APN is 01-000217. This is a rare chance to secure a landmark building in a rapidly developing area, offering a blend of historical charm and modern functionality. The building's multiple tenancy option allows for customization to suit various business needs and sizes. The significant square footage provides ample space for expansion and growth. This is an exceptional opportunity to establish a presence in a revitalized Detroit neighborhood.
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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.