Arts League Building

Off-Market

1528 Woodward Avenue, Detroit, MI 48226

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

  • Property Type Office - General Office
  • Property Size 34,137 SF
  • Lot Size 0.14 Acre
  • Property Tenancy Multi-Tenant
  • Building Class B
  • Year Built 1915

Contacts

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Owner

  • True Owner
  • Registered Owner

Brokers

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Documents

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Sales

  • Purchase Date 21 Dec, 2011
  • Purchase Price
  • Arm's Length True
  • Buyer Name

Mortgages

  • Current Lender
  • Loan Amount
  • Loan Origination Date
  • Loan Maturity Date

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.

  • 2021 Avg. Asking Rent $26.33
  • 2021 Office Vacancy Rate 10.13%
  • 2021 Office Completions (SF) 110,000
View more Detroit market trends

Location

Getting Around

  • Walk Score ®

    95/100 Walker's Paradise
  • Transit Score ®

    85/100 Excellent Transit
  • Bike Score ®

    72/100 Very Bikeable
Powered by Walk Score ®
  • City Detroit, MI
  • Neighborhood Downtown Detroit
  • Zip Code 48226
  • Market Detroit

Points of Interest

  • Broadway

    0.06 miles

  • Grand Circus Park

    0.07 miles

  • Times Square

    0.19 miles

  • Cadillac Center

    0.21 miles

  • Campus Martius

    0.22 miles

  • Montcalm Street

    0.28 miles

  • Michigan

    0.32 miles

  • Greektown

    0.36 miles

  • Fort/Cass

    0.43 miles

  • Bricktown

    0.44 miles

  • Mobil

    0.47 miles

  • Bedrock John R 1

    0.58 miles

  • Bedrock Kahn Garage

    0.59 miles

  • Speedway

    0.68 miles

  • Beaubien Place Garage

    0.73 miles

  • Marathon

    0.99 miles

  • Marathon

    1.09 miles

  • Exxon

    1.13 miles

  • Mobil

    1.17 miles

  • Bedrock Corktown

    1.17 miles

  • Detroit Opera Lot

    0.08 miles

  • Grand Circus Park Garage

    0.09 miles

  • Detroit Opera House Parking Center

    0.11 miles

  • Griswold Parking

    0.11 miles

  • Lofts of Merchants Row Garage

    0.12 miles

  • 200 Madison Lot

    0.14 miles

  • 850 Witherell Lot

    0.14 miles

  • Trolley Plaza Garage

    0.15 miles

  • Z Garage

    0.16 miles

  • ODM Lot G

    0.17 miles

  • Aloft Detroit at The David Whitney

    0.05 miles

  • Shinola Hotel

    0.10 miles

  • Hilton Garden Inn Detroit Downtown

    0.22 miles

  • The Westin Book Cadillac Detroit

    0.26 miles

  • Wright Hotel

    0.28 miles

  • Leland Hotel

    0.29 miles

  • Hotel Indigo Detroit Downtown

    0.29 miles

  • Atheneum Suite Hotel

    0.35 miles

  • The Cochrane House

    0.43 miles

  • The Winder Street Inn

    0.44 miles

  • Cornerstone Barrel House

    0.04 miles

  • Buddy's Pizza

    0.04 miles

  • Downtown Louie's

    0.07 miles

  • Go! Smoothies

    0.07 miles

  • Olin Bar & Kitchen

    0.10 miles

  • Dilla's Donuts

    0.11 miles

  • Vertical

    0.11 miles

  • Lovers Only

    0.12 miles

  • Standby

    0.13 miles

  • Vicente's Cuban Cuisine

    0.14 miles

  • Grand Valley State University Detroit Center

    0.15 miles

  • Michigan Institute for Construction Trades

    0.23 miles

  • Jessie C Kennedy Institute

    0.32 miles

  • Woodward Academy

    0.61 miles

  • University of Detroit Mercy Law School

    0.62 miles

  • Cass Technical High School

    0.66 miles

  • Ecumenical Theological Seminary

    0.69 miles

  • Most Holy Trinity School

    0.73 miles

  • Wayne County Community College Downtown Campus

    0.77 miles

  • Cultural Center Early Learning Center

    0.82 miles

  • Midtown KinderCare

    0.94 miles

  • Matrix Headstart

    1.63 miles

  • Kingdom Care Learning Center

    2.35 miles

  • Vista's Nuevas Headstart Gasper Fiore Center

    2.39 miles

  • Sha-Sha's Kiddy Korner

    2.69 miles

  • Henry Ford Kids Child Care Center

    3.16 miles

  • Angel Land Child & Parent Center

    3.72 miles

  • Matrix Head Start Infinity II

    4.16 miles

  • Advanced Technology Academy Pre-K & Business Office

    6.07 miles

  • The Clifton Daycare and Development Center

    6.67 miles

Frequently Asked Questions

What is the total square footage of Arts League Building?

Arts League Building totals 34,137 square feet.

When was this property built?

Arts League Building was built in 1915.

When was Arts League Building last sold?

Arts League Building was last sold on 21 Dec, 2011.

What is the market value for Arts League Building?

The market value* for Arts League Building in 2021 was $3,596,800.
*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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