Listed by Friedman Real Estate
$2,500,000
Auction Sale: Ford Building (Detroit, MI)
Details
Property Type Multifamily, Office
Sub Type Hotel, Traditional Office
Square Footage 242,000
Occupancy 14%
Tenancy Multi
Class A
Year Built 1908
Year Renovated 2018
Stories 18
Acreage 0.340
Investment Type Value Add
Auction Sale: Ford Building (Detroit, MI)
Investment highlights
- ±242,000 SF Historic Office Asset located in the core of Downtown Detroit
- 18-Story Landmark Building with iconic architecture and strong identity within the CBD
- Recently Renovated Lobby and Common Areas including elevators and shared spaces with modernized finishes and systems
- Approximately 14% Occupied providing significant lease-up and repositioning opportunity
- Efficient Horseshoe Floor Plates with strong natural light and flexible layouts
- Mechanical Systems on Each Floor supporting flexible tenant buildouts and conversion potential
- On-Site Valet Parking with additional nearby structured parking options
- Positioned for Repositioning or Adaptive Reuse including multifamily, hotel, or mixed-use
- First-Floor Retail Availability with two spaces ranging from ±2,500 to ±8,600 SF
- Jimmy John's located on the first floor with lease in place through 2030
Listing Contacts
Listed by Friedman Real Estate
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Zoning
B5 CommercialSpecial CommercialMajor Business District
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