5900 Commonwealth Street

5900 Commonwealth Street, Detroit, MI 48208

Off-Market

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  • Property Type Industrial - Manufacturing
  • Property Size 136,436 SF
  • Lot Size 3.59 Acre
  • Property Tenancy Vacant
  • Building Class B
  • Year Built 1969

Location

  • Walk Score ® Very Walkable (78)
  • Transit Score ® Good Transit (53)
  • Bike Score ® Very Bikeable (77)
Powered by Walk Score ®
  • City Detroit, MI
  • Neighborhood Rosa Parks
  • Zip Code 48208
  • Market Detroit

Points of Interest

Transportation

Detroit

0.77 miles

Amsterdam Street

0.79 miles

Amsterdam Street

0.79 miles

Baltimore Street

0.82 miles

Baltimore Street

0.82 miles

Ferry Street

0.87 miles

Grand Boulevard

0.87 miles

Grand Boulevard

0.88 miles

Ferry Street

0.89 miles

Warren Avenue

1.02 miles

Fuel station

Detroit Pistons Performance Center

0.39 miles

Wayne State University - Parking Structure #5

0.57 miles

Mobil

0.65 miles

Wayne State University - Lot #50

0.68 miles

Valero

0.80 miles

BP

0.81 miles

Marathon

0.88 miles

Wayne State University - Parking Structure #6

0.97 miles

Citgo

1.14 miles

Citgo

1.15 miles

Parking

Brigitte Harris Cancer Pavilion Garage

0.29 miles

HAP Lot B

0.31 miles

HAP Lot A

0.36 miles

HAP Lot C

0.38 miles

Lot 30

0.40 miles

F Lot

0.45 miles

HFHS Guest Parking

0.49 miles

HFHS Employee Parking

0.53 miles

HFHS Patient Employee Garage

0.54 miles

Parking Structure 5

0.55 miles

Restaurants

KFC

0.31 miles

Papa's Soul Food and Grill

0.32 miles

Papa's Pizza

0.35 miles

Zo's Good Burger

0.48 miles

McDonald's

0.52 miles

Pie-Sci

0.52 miles

Panda Express

0.70 miles

Taco Bell

0.70 miles

Cuisine

0.71 miles

Byblos Café and Grill

0.77 miles

Stores

University Foods

0.76 miles

Save-A-Lot

0.91 miles

Family Foods Superstore

1.04 miles

Food Pride Super Market

1.35 miles

King Cole Foods

1.52 miles

Whole Foods Market

1.65 miles

Dollar General

1.78 miles

Food Farm Super Market

2.33 miles

Algo Especial Super Market

2.47 miles

Honey Bee Market La Colmena

2.47 miles

Safety

Andy's Pharmacy

0.30 miles

CVS Pharmacy

0.35 miles

PharMore

0.36 miles

Henry Ford Hospital

0.45 miles

Gateway Health Center

0.46 miles

DPD 3rd Precinct

0.50 miles

William Clay Ford Center for Athletic Medicine

0.59 miles

Engine Co. 17 Fire Station

0.61 miles

William Clay Ford Center for Athletic Medicine

0.62 miles

University Pharmacy

0.63 miles

Contacts

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Owner

  • True Owner
  • Registered Owner

Brokers

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Documents

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Sales

  • Purchase Date 28 Jul, 2020
  • 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 $60,388
  • Current Tax $23,038
  • Market Value* $1,397,200
  • Assessed Value $1,397,200

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 5900 Commonwealth Street?

5900 Commonwealth Street totals 136,436 square feet.

When was this property built?

5900 Commonwealth Street was built in 1969.

When was 5900 Commonwealth Street last sold?

5900 Commonwealth Street was last sold on 28 Jul, 2020.

What is the market value for 5900 Commonwealth Street?

The market value* for 5900 Commonwealth Street in 2021 was $1,397,200.
*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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