1401 Vermont StDetroit, MI 48216

  • Commercial real estate

Property Details for 1401 Vermont St

Property type
Commercial real estate
APN
23031900.40N
APU
2303190040N

Description

This exceptional 28,402 square foot office building, located at 1401 Vermont St in Detroit, MI's vibrant Corktown neighborhood, presents a unique investment opportunity. Situated on a 7-acre lot at the NW corner of Vermont and Porter, this Class B building boasts a prime location within Corktown's thriving technology hub, just blocks from Michigan Central Station and the Book Depository. Built in 1932 and extensively renovated in 2022, the two-story building offers a blend of historic charm and modern amenities. Currently, 6,427 square feet of space is available for lease, with flexible suite sizes starting at 2,735 square feet. The building features impressive 14-foot ceilings, creating a spacious and inspiring work environment. Modern conveniences include 24-hour badge access control and ample on-site parking (20+ spaces). An elevator is also available for convenient access to both floors. Common areas, including entrances and corridors, have been recently renovated. The property is zoned M4 and is ideal for a variety of office uses, including creative, traditional, and medical office spaces. This single-tenancy building offers a rare opportunity to secure a prominent presence in one of Detroit's most dynamic and rapidly growing neighborhoods. Wayne County location and easy access to major transportation hubs make this a highly desirable location for businesses seeking a unique and functional workspace.

Location Insight

City
Detroit
County
Wayne
State
Michigan
Latitude
42.3255
Longitude
-83.0707
CBSA code
19820
CBSA name
DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2020
$100
-
-
$294,000
-
-
-
$588,000

FAQs

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