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1351 Spruce

Off-Market

1351 Spruce, Detroit, MI 48216

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  • Property Type Industrial - Warehouse/Distribution
  • Property Size 33,735 SF
  • Lot Size 1.16 Acre
  • Property Tenancy Owner Occupied
  • Building Class B
  • Year Built 1960

Location

  • Walk Score ® Somewhat Walkable (69)
  • Transit Score ® Excellent Transit (71)
  • Bike Score ® Very Bikeable (84)
Powered by Walk Score ®
  • City Detroit, MI
  • Neighborhood Jeffries
  • Zip Code 48216
  • Market Detroit

Points of Interest

Checker Cab #977

0.52 miles

Sproat Street

0.76 miles

Montcalm Street

0.79 miles

Times Square

0.81 miles

Grand Circus Park

0.86 miles

Michigan

0.86 miles

Mack Avenue

0.89 miles

Broadway

0.99 miles

Campus Martius

1.05 miles

West Riverfront

1.09 miles

Marathon

0.40 miles

Bedrock QLDC 1

0.70 miles

Bedrock QLDC 2

0.74 miles

Bedrock Corktown

0.90 miles

Wayne State University - Lot #50

1.24 miles

Wayne State University - Parking Structure #6

1.43 miles

Wayne State University - Parking Structure #5

1.51 miles

Beaubien Place Garage

1.59 miles

Detroit Pistons Performance Center

1.92 miles

Citgo

3.31 miles

2961 2nd Lot

0.47 miles

2721 Cass Lot

0.54 miles

238 W Adams Lot

0.67 miles

Rainer Court Lot

0.77 miles

Riverfront Towers Garage

1.04 miles

WSU Lot 72

1.10 miles

WSU Lot 62

1.24 miles

Lot 37

1.67 miles

WSU Lot 14

2.09 miles

Lot 12

2.49 miles

Traffic Jam and Snug

1.00 miles

Vertical

1.02 miles

Kwench Juice Cafe

1.08 miles

Tropical Smoothie Cafe

1.09 miles

Jet's Pizza

1.12 miles

Detroit Made Market

1.23 miles

Jose’s Tacos

1.60 miles

Burger King

2.58 miles

Mumma Maria’s House

3.87 miles

Three Star Bar-B-Q

4.68 miles

Family Fair Marketplace

2.28 miles

CGX

3.08 miles

Food Farm Super Market

4.06 miles

Dearborn Village Supermarket

4.68 miles

Glory Supermarket

5.18 miles

Parkway Foods

5.33 miles

The Shops at Woodward Place

5.36 miles

Value Save Food Center

5.46 miles

Forman Mills

5.85 miles

Royal Plaza

5.90 miles

Detroit Behavioral Institute

1.01 miles

Detroit Medical Center

1.26 miles

John D. Dingell VA Medical Center

1.36 miles

University Pharmacy

1.49 miles

Kresge Eye Institute

1.56 miles

DFD Ladder No. 5/3rd battalion/Engine No. 6

1.61 miles

Engine House #11

2.23 miles

Henry Ford Hospital

2.32 miles

New Center Community Mental Health

2.55 miles

Team Wellness Center – East

2.94 miles

Contacts

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Owner

  • True Owner
  • Registered Owner

Brokers

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Documents

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Sales

  • Purchase Price
  • Arm's Length True
  • Buyer Name

Market Trends

Average Actual Rents in Detroit

Average rents use actual signed leases, aggregated for your specific search area and asset type with Yardi Market Insight. Be confident your price is competitive, with CommercialEdge.

Current Average Rent
Net Rent
$44.3/SF/YR
Recoverables Show detailsHide details
$16.7/SF/YR
CAM
$3.54/SF/YR
Insurance
$0.59/SF/YR
Taxes
$9.52/SF/YR
Utilities
$1.76/SF/YR
Management Fees
$1.3/SF/YR
Total Rent
$61/SF/YR
Unlock on CommercialEdge
Occupancy & Leasing Activity
Occupancy
83.5%
Lease Spread
-20.5%
Unlock on CommercialEdge

Asking Rents in Detroit Office Market

Office rental rates are based on aggregated data of asking rates.

  • 2020 Avg. Asking Rent $28.65
  • 2020 Office Vacancy Rate 16.80%
  • 2020 Office Completions (SF) 63,500
View more Detroit market trends

Tax

  • Base Tax $26,563
  • Current Tax $19,371
  • Market Value* $614,600
  • Assessed Value $614,600

Find more tax info, including assessment history and abatements, on CommercialEdge

*The displayed market value represents the assessed value determined by the appropriate local tax/financial authority. It is not the property’s latest sale price or a current market value based on recent area sales.

Frequently Asked Questions

What is the total square footage of 1351 Spruce?

1351 Spruce totals 33,735 square feet.

When was this property built?

1351 Spruce was built in 1960.

What is the market value for 1351 Spruce?

The market value* for 1351 Spruce in 2021 was $614,600.
*This represents the market value determined by the appropriate local tax/financial authority, and not the latest sale price or current market value based on recent sales.

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