151 West Fort Street

Off-Market

151 West Fort Street, Detroit, MI 48226

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

  • Property Type Retail - Freestanding
  • Property Size 71,928 SF
  • Lot Size 0.68 Acre
  • Property Tenancy Vacant
  • Year Built 1898

Contacts

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Owner

  • True Owner
  • Registered Owner

Brokers

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Documents

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Sales

  • Purchase Date 08 Jan, 2015
  • 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
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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 ®

    96/100 Walker's Paradise
  • Transit Score ®

    86/100 Excellent Transit
  • Bike Score ®

    67/100 Bikeable
Powered by Walk Score ®
  • City Detroit, MI
  • Neighborhood Downtown Detroit
  • Zip Code 48226
  • Market Detroit

Points of Interest

  • Financial District

    0.11 miles

  • Congress Street

    0.13 miles

  • Huntington Place

    0.14 miles

  • Fort/Cass

    0.15 miles

  • Campus Martius

    0.17 miles

  • Michigan

    0.23 miles

  • Cadillac Center

    0.29 miles

  • Millender Center

    0.32 miles

  • Times Square

    0.34 miles

  • West Riverfront

    0.39 miles

  • Mobil

    0.21 miles

  • Bedrock Kahn Garage

    0.37 miles

  • Beaubien Place Garage

    0.52 miles

  • Speedway

    0.62 miles

  • Marathon

    0.79 miles

  • Bedrock John R 1

    0.98 miles

  • Bedrock Corktown

    0.99 miles

  • Bedrock QLDC 2

    1.11 miles

  • Marathon

    1.12 miles

  • Bedrock QLDC 1

    1.12 miles

  • Griswold/Larned Garage

    0.09 miles

  • Financial District Garage

    0.09 miles

  • Downtown Garage

    0.12 miles

  • Huntington Place Washington Blvd. Garage

    0.16 miles

  • 441 W Fort

    0.16 miles

  • Griswold Capitol Park

    0.16 miles

  • 1001 Woodward Garage

    0.18 miles

  • Millenium Garage

    0.19 miles

  • TCF Center Atwater Garage

    0.19 miles

  • 1009 Cass Garage

    0.20 miles

  • Brome Modern Eatery

    0.04 miles

  • London Chop House

    0.04 miles

  • Tropical Smoothie Cafe

    0.05 miles

  • Subway

    0.05 miles

  • Which Wich?

    0.06 miles

  • Maru Sushi & Grill

    0.06 miles

  • Zoom Coney Restaurant

    0.06 miles

  • Kwench Juice Cafe

    0.06 miles

  • Food Carnival

    0.06 miles

  • Jimmy John's

    0.06 miles

  • City Market Detroit

    0.34 miles

  • Rivertown Market

    0.84 miles

  • Amori's Marketplace

    0.87 miles

  • Gratiot Central Market

    1.15 miles

  • Whole Foods Market

    1.37 miles

  • Honey Bee Market La Colmena

    1.48 miles

  • Family Fair Marketplace

    1.49 miles

  • Algo Especial Super Market

    1.59 miles

  • Gordon Food Service

    1.59 miles

  • Food Pride Super Market

    2.07 miles

Frequently Asked Questions

What is the total square footage of 151 West Fort Street?

151 West Fort Street totals 71,928 square feet.

When was this property built?

151 West Fort Street was built in 1898.

When was 151 West Fort Street last sold?

151 West Fort Street was last sold on 08 Jan, 2015.

What is the market value for 151 West Fort Street?

The market value* for 151 West Fort Street in 2021 was $3,697,400.
*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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