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554 & 590 Lycaste Street

Off-Market

554 Lycaste Street, Detroit, MI 48214

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  • Property Type Industrial - Manufacturing
  • Property Size 76,502 SF
  • Lot Size 3 Acre
  • Property Tenancy Vacant
  • Building Class C
  • Year Built 1920

Location

  • Walk Score ® Car-Dependent (36)
  • Transit Score ® Some Transit (44)
  • Bike Score ® Bikeable (54)
Powered by Walk Score ®
  • City Detroit, MI
  • Neighborhood East Riverside
  • Zip Code 48214
  • Market Detroit

Points of Interest

Bricktown

4.44 miles

Greektown

4.45 miles

Millender Center

4.58 miles

Cadillac Center

4.65 miles

Broadway

4.69 miles

Campus Martius

4.75 miles

Congress Street

4.75 miles

Montcalm Street

4.78 miles

Adelaide Street

4.80 miles

Sproat Street

4.82 miles

Sunoco

2.14 miles

Marathon

3.40 miles

Bedrock John R 1

4.70 miles

Wayne State University - Parking Structure #8

5.09 miles

Wayne State University - Parking Structure #6

5.18 miles

Bedrock Kahn Garage

5.24 miles

Wayne State University - Parking Structure #5

5.59 miles

Wayne State University - Lot #50

5.69 miles

Detroit Pistons Performance Center

5.75 miles

Bedrock Corktown

5.86 miles

Blue Cross Jefferson Garage

4.51 miles

Griswold Parking

4.82 miles

Woodward Garden Garage

4.98 miles

454 W Columbia

5.07 miles

620 Third

5.19 miles

Franzen Lot

5.39 miles

Tasting Room Parking

5.52 miles

Fisher Building Garage

5.77 miles

Truck Parking

6.53 miles

4330 Larkins St Parking

8.74 miles

McDonald's

1.28 miles

Frenchies

1.75 miles

Poohs Perfect Potato

2.02 miles

McDonald's

3.05 miles

Casings & Twine

3.90 miles

Subway

4.46 miles

Potbelly

4.48 miles

IHOP

4.54 miles

Cadillac Square Diner

4.63 miles

Lafayette Coney Island

4.85 miles

Parkway Foods

0.31 miles

Forman Mills

1.79 miles

CGX

2.72 miles

Kroger

3.01 miles

7 Mile Foods

5.65 miles

Shoppers World

5.91 miles

Eastland Center

5.96 miles

Glory Supermarket

6.09 miles

Food Palace Supermarket

6.67 miles

Supermercado la Jalisciense

7.07 miles

DCHC East Riverside Health

1.02 miles

Detroit 5th Precinct

1.23 miles

Popoff Family Health Center

1.32 miles

Riverview Health and Rehab Center

1.95 miles

Detroit Police Department

1.98 miles

Ford Wellness Center

1.99 miles

Engine Number 52 Fire Station

2.32 miles

Walgreens

2.65 miles

Team Wellness Center – East

2.89 miles

Engine Number 58 Fire Station

3.72 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.

  • 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 $23,321
  • Current Tax $5,089
  • Market Value* $539,600
  • Assessed Value $539,600

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 554 & 590 Lycaste Street?

554 & 590 Lycaste Street totals 76,502 square feet.

When was this property built?

554 & 590 Lycaste Street was built in 1920.

What is the market value for 554 & 590 Lycaste Street?

The market value* for 554 & 590 Lycaste Street in 2021 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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