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139 South Summit

Off-Market

139 South Summit, Detroit, MI 48209

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  • Property Type Industrial - Warehouse/Distribution
  • Property Size 38,568 SF
  • Lot Size 1.02 Acre
  • Building Class C
  • Year Built 1912

Location

  • Walk Score ® Car-Dependent (39)
  • Transit Score ® Some Transit (42)
  • Bike Score ® Somewhat Bikeable (39)
Powered by Walk Score ®
  • City Detroit, MI
  • Neighborhood West Riverfront
  • Zip Code 48209
  • Market Detroit

Points of Interest

West Riverfront

2.30 miles

Fort/Cass

2.52 miles

Times Square

2.66 miles

Financial District

2.69 miles

Congress Street

2.78 miles

Campus Martius

2.79 miles

Checker Cab #977

2.80 miles

Broadway

2.89 miles

Cadillac Center

2.90 miles

Adelaide Street

2.97 miles

Bedrock QLDC 2

1.65 miles

Bedrock Corktown

1.68 miles

Bedrock Kahn Garage

2.30 miles

Beaubien Place Garage

3.09 miles

Bedrock John R 1

3.12 miles

Wayne State University - Lot #50

3.20 miles

Wayne State University - Parking Structure #8

3.41 miles

Wayne State University - Parking Structure #5

3.50 miles

Detroit Pistons Performance Center

3.84 miles

Shell

4.33 miles

Trolley Plaza Garage

2.69 miles

Griswold/Larned Garage

2.70 miles

2955 Cass Lot

2.84 miles

850 Witherell Lot

2.97 miles

Treymore Lots

3.03 miles

64 Peterboro

3.03 miles

1500 Beaubien Lot

3.15 miles

FCA Employee Parking

7.67 miles

E.W. Smith Agency Private Parking

7.93 miles

Wyandotte Parking Lot 3

7.97 miles

Checkers

0.90 miles

Slows Bar-B-Q

1.76 miles

Detroit Made Market

2.56 miles

Freshii

2.76 miles

Central Kitchen + Bar

2.82 miles

Subway

4.05 miles

Fu Lin

4.41 miles

KFC

5.64 miles

Subway

5.79 miles

Chili's

6.14 miles

Supermercado la Jalisciense

0.90 miles

Algo Especial Super Market

1.32 miles

Amori's Marketplace

3.51 miles

Gratiot Central Market

3.69 miles

Dollar General

4.43 miles

CGX

4.84 miles

Royal Plaza

5.23 miles

Target

5.62 miles

Big Lots

5.86 miles

Janes Market Liquor Store

5.86 miles

Engine Number 8 Fire Station (Closed)

1.79 miles

Ellen A. Thompson Center For Women and Children

2.08 miles

River Rouge Fire Station

3.32 miles

Midtown Rx Pharmacy

3.34 miles

Wayne County Sheriff's Office

3.51 miles

John D. Dingell VA Medical Center

3.61 miles

CVS Pharmacy

3.76 miles

Kresge Eye Institute

3.82 miles

Henry Ford Hospital

4.05 miles

DPD 3rd Precinct

4.10 miles

Contacts

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Owner

  • True Owner
  • Registered Owner

Brokers

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Documents

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Sales

  • Purchase Date 08 Sep, 2016
  • 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.

  • 2021 Avg. Asking Rent $26.33
  • 2021 Office Vacancy Rate 10.13%
  • 2021 Office Completions (SF) 110,000
View more Detroit market trends

Tax

  • Base Tax $11,159
  • Current Tax $2,334
  • Market Value* $258,200
  • Assessed Value $258,200

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 139 South Summit?

139 South Summit totals 38,568 square feet.

When was this property built?

139 South Summit was built in 1912.

When was 139 South Summit last sold?

139 South Summit was last sold on 08 Sep, 2016.

What is the market value for 139 South Summit?

The market value* for 139 South Summit in 2021 was $258,200.
*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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