340,000 Square Foot Retail Space For Sale @ 1515 E Kirby St

1515 E Kirby St, Detroit, MI 48211


Investment grade retail for sale inside The Park Shelton, a historic Marquee Building, totaling 20,889 SF Currently 88.62% occupied with long history of high occupancy Distinguished location on Woodward Ave, directly next to the Detroit Institute of Arts (DIA) in the heart of Midtown Future M-1 rail station located on NW corner of property Opportunity to also purchase 50 parking spaces in adjacent structure, bringing potential for additional revenue. Parking is at an all time high scarcity in the city of Detroit Located in high-traffic area Substantial frontage on Woodward Avenue, Detroits main thoroughfare Opportunity to increase NOI by adding NNN and utility costs to current rent Residential condos in the building trade at over $300 per foot, some of the highest prices in SE Michigan

Listing company: Friedman Real Estate Group, Inc.

Pricing: Contact for Pricing

Availability: Now

Listing ID: 1049026


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Sale Price: $0

Size: 340,000 square feet

Type: Retail Space

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