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3579 Gratiot Avenue

Off-Market

3579 Gratiot Avenue, Detroit, MI 48207

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  • Property Type Industrial - Manufacturing
  • Property Size 265,929 SF
  • Lot Size 8.55 Acre
  • Parking Spaces Avail. 119
  • Parking Ratio 0.45/ 1,000 SF
  • Property Tenancy Owner Occupied
  • Building Class B
  • Year Built 1935

Location

  • Walk Score ® Somewhat Walkable (62)
  • Transit Score ® Good Transit (53)
  • Bike Score ® Very Bikeable (81)
Powered by Walk Score ®
  • City Detroit, MI
  • Neighborhood Middle East Central
  • Zip Code 48207
  • Market Detroit

Points of Interest

Canfield Street

1.91 miles

Mack Avenue

1.92 miles

Canfield Street

1.92 miles

Martin Luther King Junior Boulevard

1.93 miles

Warren Avenue

1.97 miles

Warren Avenue

1.98 miles

Sproat Street

2.03 miles

Adelaide Street

2.04 miles

Ferry Street

2.07 miles

Ferry Street

2.09 miles

Citgo

0.28 miles

Marathon

0.31 miles

Citgo

0.38 miles

Marathon

0.59 miles

Marathon

0.70 miles

BP

0.92 miles

Citgo

0.98 miles

Sunoco

1.06 miles

Mobil

1.16 miles

Sunoco

1.18 miles

Eastern Market parking garage

1.24 miles

Eastern Market Lot #8

1.28 miles

WSU Parking Structure 4

1.54 miles

Kresge Parking Deck

1.57 miles

WSU Lot 75

1.58 miles

DMC South Deck

1.64 miles

DMC Beaubien Deck

1.64 miles

Kirby Center Lofts Lot

1.67 miles

DMC Lot

1.73 miles

DMC North Deck

1.74 miles

Grandy's Coney Island

0.31 miles

Burger King

0.96 miles

Louisiana Creole Gumbo

1.02 miles

Louie's Corned Beef and Ham

1.05 miles

Amore da Roma

1.13 miles

Poohs Perfect Potato

1.14 miles

Cutter's

1.15 miles

Sala Thai

1.20 miles

Wendy's

1.23 miles

Farmer's Restaurant

1.28 miles

Save-A-Lot

0.08 miles

Janes Market Liquor Store

1.18 miles

Gratiot Central Market

1.39 miles

Family Fair Marketplace

1.53 miles

Harbortown Market

1.61 miles

Food Pride Super Market

1.64 miles

Gordon Food Service

1.72 miles

CGX

1.82 miles

Whole Foods Market

1.83 miles

Indian Village Market

1.90 miles

Team Wellness Center – East

0.27 miles

Engine House #11

0.62 miles

Engine Number 23 Fire Station

1.02 miles

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

1.17 miles

Engine Number 9 Fire Station

1.28 miles

Renaissance Medical Center East

1.29 miles

Dr. Sophie J. Womack Eastside Health Center

1.38 miles

Detroit Community Health Connection

1.40 miles

Tolan Park Medical Building

1.46 miles

DMC Children's Hospital of Michigan Specialty Center

1.48 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 $194,547
  • Current Tax $23,908
  • Market Value* $4,501,800
  • Assessed Value $4,501,800

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 3579 Gratiot Avenue?

3579 Gratiot Avenue totals 265,929 square feet.

When was this property built?

3579 Gratiot Avenue was built in 1935.

What is the market value for 3579 Gratiot Avenue?

The market value* for 3579 Gratiot Avenue in 2021 was $4,501,800.
*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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