What is the asking price for 623 Cass Ave?

The lease rate for space here is Contact for pricing.

What is the total size of 623 Cass Ave?

The property has a total square footage of 96,600 SF.

How many parking spaces are available at 623 Cass Ave?

Parking information for the property isn't currently listed. However, other nearby parking options include Downtown Garage, located 0.03 miles away , and 441 W. Fort Street Lot, which is 0.03 miles away.

623 Cass Avenue, Detroit, MI 48226

For Sale $4,500,000
Property Type Industrial - Flex - Industrial
Property Size 96,600 SF
Lot Size 0.32 Acre
Date Updated May 15, 2026
HVAC None

Description

Positioned in the heart of Downtown Detroit’s Capitol Park Historic District, 623 Cass Ave represents a rare opportunity to invest in one of the city’s most dynamic and rapidly evolving commercial corridors. This location is distinguished by its historic architecture, strong pedestrian presence, and close proximity to major business, entertainment, and cultural anchors. Over the past decade, Capitol Park has undergone a profound transformation — emerging as a high-demand destination for boutique retailers, hospitality operators, creative offices, and urban dwellers seeking walkability and authenticity. The area blends Detroit’s storied past with modern momentum, offering an environment uniquely suited for experiential concepts, elevated storefronts, and intimate hospitality projects.Nestled in the historic Capitol Park district, 623 Cass Ave presents an exceptional retail or boutique hospitality investment opportunity just 125 meters from Huntington Place, Detroit’s premier convention center. With construction on a $125 million expansion, adding approximately 20,000 square feet and a new pedestrian bridge connecting the center to the upcoming JW Marriott, this area is poised for transformative foot traffic and elevated experiential appeal. Surrounded by major attractions like Campus Martius, Woodward Avenue, and Detroit’s sports and entertainment venues, the location offers unmatched visibility, transit connectivity via QLINE and the People Mover, and a design aesthetic that blends historic character with modern adaptive reuse. Whether envisioned as upscale retail, wellness, or boutique lodging, this property delivers strategic positioning at the heart of downtown Detroit’s commercial renaissance.Located in the heart of Detroit’s Capitol Park Historic District, 623 Cass Ave offers a unique leasing opportunity for boutique retailers, wellness concepts, or hospitality operators seeking a high-profile footprint in the city’s urban core. Surrounded by landmark destinations like Campus Martius, Shinola Hotel, Book Tower, and The Siren, this walkable corridor draws steady foot traffic from professionals, residents, and tourists alike. Tenants benefit from excellent access to QLINE, People Mover, nearby structured parking, and year-round downtown events that activate the area day and night. Just 125 meters away, the $125 million expansion of Huntington Place — one of the Midwest’s largest convention centers — will further amplify traffic, visibility, and long-term commercial value. With historic architectural charm and flexible build-out potential, 623 Cass Ave is an ideal choice for brands looking to embed themselves in the fabric of Detroit’s revitalization.

Highlights

Aesthetic and Historical Appeal :The Capitol Park district is celebrated for its turn-of-the-century architecture and thoughtful adaptive reuse projects. This enhances brand positioning for tenants seeking a setting that reflects quality, character, and authenticity.
Book Tower (CBD): Bedrock’s renovated 500,000 SF historic building at Grand River & Washington Blvd. opened in 2023, featuring 229 residential units, 117 hotel rooms, 52,000 SF of retail, and co-working space.
Cadillac Square (CBD): Bedrock’s redevelopment of the former National Theatre site will deliver nearly 300 residential units, 400,000 SF of office, 90,000 SF of retail, a 2,000-seat concert venue, and a 1,600-space parking structure.
Cultural and Entertainment Access: Immediate access to major venues including Comerica Park, Little Caesars Arena, Fox Theatre, and Detroit Opera House makes this location ideal for pre- and post-event dining, nightlife, or lodging.
Exceptional Visibility and Foot Traffic : Located just steps from Woodward Ave, Capitol Park, and Campus Martius, the site benefits from a steady stream of professionals, residents, tourists, and event-goers year-round.
Hospitality-Focused Surroundings :Flanked by luxury developments such as The Siren Hotel, Shinola Hotel, and The Residences at Book Tower, the area is known for high-end lodging and culinary experiences — attracting a discerning clientele seeking boutique and bespoke offerings.
Hudson’s Site (CBD): Bedrock’s 1.3M SF mixed-use development at Woodward & Gratiot is under construction, featuring office, retail, event space, residential, and hotel components. Completion is expected in 2025.
Key Developments in Detroit's Central Business District (CBD) and Surrounding Areas:
Michigan Central Station (Corktown): Ford’s revitalization of the historic 18-story, 500,000 SF station into a mobility innovation campus officially opened in 2024.
Residences at Water Square (CBD): A 25-story luxury multifamily development by Sterling Group at the former Joe Louis Arena site, now leasing. Includes 496 units and upscale amenities like an all-season pool, skydeck, and fitness center.
Ross-Illitch Developments (CBD): A $1.5B joint venture near Comerica Park by Olympia Development and Related Companies. Planned components include 700 residential units, 1.2M SF of office, 100,000 SF of retail, and 450+ hotel rooms.
The Exchange (CBD): A 16-story residential tower with ground-floor retail in Greektown, offering rental apartments and condominiums. Completed in 2023 and currently in lease-up.
Transit-Connected and Walkable : Seamless access to public transit options like the QLINE, People Mover, and nearby structured parking, combined with a pedestrian-friendly layout, ensures convenience and connectivity.