For Sale
$2,240,000

1307 Broadway St Detroit, MI 48226

Prime Detroit Office, Value-Add Opportunity

Overview

Added:
Dec 11, 2024
Days on market:
136
This fee-simple, 14,300 square foot office building at 1307 Broadway St, Detroit, MI 48226, presents a compelling value-add investment opportunity. Built in 1910, the Class C property offers creative, executive, and traditional office space, currently available for occupancy on October 24, 2023. The asking price is $2,240,000 ($156.64/sq ft). The building boasts frontage on Broadway Avenue and "The Belt" alleyway, placing it in the heart of Downtown Detroit's Arts District. Its exceptional location offers incredible branding opportunities and unparalleled access to major attractions. Within walking distance are Campus Martius, Little Caesars Arena, Comerica Park, Ford Field, the Detroit Opera House, Fox Theatre, and the Fillmore Theatre. Nearby are the Shinola and Element Hotels, and the Q Line. The high-traffic location (10,581 vehicles per day on Broadway Street) and proximity to two major universities (Wayne State and Detroit Mercy), along with numerous Fortune 500 companies headquartered in Michigan, ensures strong tenant demand. This property offers a unique blend of historical charm and modern potential in a thriving urban environment.

Highlights

  • Prime location steps from Campus Martius, Little Caesars Arena, Comerica Park, Ford Field, and major theaters.
  • Exceptional branding opportunity near Shinola and Element Hotels in the burgeoning Broadway Street district.
  • High-traffic Belt Alley location in the Arts District.
  • Excellent access to the Q Line and national retailers.
  • High visibility with 10,581 vehicles per day on Broadway Street.
  • Situated in Downtown Detroit, near two major universities and hundreds of businesses, including numerous Fortune 500 companies.

Property Details for 1307 Broadway St

Property type
Office properties, Office space
Square Feet
14,300 SF
Class
C
Year Built
1910

Location Insight

City
Detroit
County
Wayne
State
Michigan
Latitude
42.334801780305
Longitude
-83.045908177097

FAQs

What type of property is this?
Office property - Prime Detroit Office, Value-Add Opportunity
Where is the office property located?
The property is located at 1307 Broadway St Detroit, MI.
What is the asking price?
The asking price for this property is $2,240,000.
What are key features of this property?
This property features: Prime location steps from Campus Martius, Little Caesars Arena, Comerica Park, Ford Field, and major theaters.; Exceptional branding opportunity near Shinola and Element Hotels in the burgeoning Broadway Street district.; High-traffic Belt Alley location in the Arts District.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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1307 Broadway St
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