1601 West Lafayette

Off-Market

1601 West Lafayette, Detroit, MI 48216

This property is off-market. Unlock in-depth property data and market insights by signing up to CommercialEdge.

  • Property Type Industrial - Manufacturing
  • Property Size 38,400 SF
  • Lot Size 0.21 Acre
  • Property Tenancy Owner Occupied
  • Building Class C
  • Year Built 1913

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
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Occupancy & Leasing Activity
Occupancy
83.5%
Lease Spread
-20.5%
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Asking Rents in Detroit Office Market

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

  • 2022 Avg. Asking Rent $27.10
  • 2022 Office Vacancy Rate 25.71%
  • 2022 Office Completions (SF) 232,000
View more Detroit market trends

Location

Getting Around

  • Walk Score ®

    66/100 Somewhat Walkable
  • Transit Score ®

    63/100 Good Transit
  • Bike Score ®

    72/100 Very Bikeable
Powered by Walk Score ®
  • City Detroit, MI
  • Neighborhood Downtown Detroit
  • Zip Code 48216
  • Market Detroit

Points of Interest

  • West Riverfront

    0.57 miles

  • Fort/Cass

    0.73 miles

  • Huntington Place

    0.75 miles

  • Michigan

    0.76 miles

  • Times Square

    0.86 miles

  • Financial District

    0.92 miles

  • Campus Martius

    0.99 miles

  • Congress Street

    1.00 miles

  • Grand Circus Park

    1.03 miles

  • Broadway

    1.09 miles

  • Marathon

    0.09 miles

  • Bedrock Corktown

    0.12 miles

  • Bedrock QLDC 2

    0.30 miles

  • Bedrock QLDC 1

    0.33 miles

  • Bedrock Kahn Garage

    0.50 miles

  • Marathon

    0.55 miles

  • Mobil

    0.67 miles

  • Mobil

    0.83 miles

  • Ammex

    0.96 miles

  • Citgo

    1.31 miles

  • WCCC Lot

    0.06 miles

  • Tasting Room Parking

    0.26 miles

  • Howard Lot C

    0.28 miles

  • Howard Lot B

    0.28 miles

  • Howard Lot A

    0.32 miles

  • Riverfront Towers Garage

    0.43 miles

  • Comerica Ford Field Parking

    0.46 miles

  • Detroit Public Safety Headquarters Parking Garage

    0.46 miles

  • Joe Louis Arena Garage

    0.46 miles

  • IRS Detroit Computer Center Employee Garage

    0.49 miles

  • Le Petit Zinc

    0.10 miles

  • Detroit Shawarma

    0.12 miles

  • Burger King

    0.13 miles

  • Sheeba Express

    0.17 miles

  • Red Dunn Kitchen

    0.18 miles

  • Haz Subs and Salads

    0.18 miles

  • Coney King Coney Island

    0.18 miles

  • Mudgie's

    0.32 miles

  • Folk

    0.36 miles

  • Lady of the House

    0.38 miles

  • Honey Bee Market La Colmena

    0.66 miles

  • Algo Especial Super Market

    0.76 miles

  • City Market Detroit

    1.21 miles

  • Supermercado la Jalisciense

    1.40 miles

  • La Jalisciense Supermercado / Taqueria

    1.40 miles

  • Whole Foods Market

    1.69 miles

  • Rivertown Market

    1.72 miles

  • Amori's Marketplace

    1.75 miles

  • Gratiot Central Market

    1.90 miles

  • University Foods

    2.01 miles

  • Engine Number 8 Fire Station (Closed)

    0.02 miles

  • St Francis Cabrini Clinic

    0.36 miles

  • St. Frances Cabrini Clinic

    0.37 miles

  • Detroit Police Department HQ

    0.49 miles

  • Detroit Fire Department HQ

    0.49 miles

  • Detroit Police

    0.77 miles

  • Griswold Pharmacy

    0.90 miles

  • CVS Pharmacy

    0.98 miles

  • Engine Number 1 Fire Station

    1.04 miles

  • Detroit Fire Department - Engine 16 (Fire Boat)

    1.08 miles

Frequently Asked Questions

What is the total square footage of 1601 West Lafayette?

1601 West Lafayette totals 38,400 square feet.

When was this property built?

1601 West Lafayette was built in 1913.

What is the market value for 1601 West Lafayette?

The market value* for 1601 West Lafayette in 2022 was $539,600.
*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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