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The Michigan Building
220 Bagley Avenue, Detroit, MI 48226
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- Property Type Office - General Office
- Property Size 187,186 SF
- Lot Size 1.33 Acre
- Parking Spaces Avail. 162
- Parking Ratio 0.87/ 1,000 SF
- Property Tenancy Multi-Tenant
- Building Class B
- Year Built 1925
- City Detroit, MI
- Neighborhood Downtown Detroit
- Zip Code 48226
- Market Detroit
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|370 17th Street #5500||MERRILL, (303) 446-5500||23,824 SF||$23/SF/YR||Modified
|370 17th Street
|Morrison & Foerster,
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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.
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
- Property Tax in 2018 $83,312
- Market Value* $2,185,800
- Assessed Value $2,185,800
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 The Michigan Building?
The Michigan Building totals 187,186 square feet.
When was this property built?
The Michigan Building was built in 1925.
When was The Michigan Building last sold?
The Michigan Building was last sold on 04 Sep, 2014.
What is the property tax for The Michigan Building?
The property tax for The Michigan Building in 2018 was $83,312.
What is the market value for The Michigan Building?
The market value* for The Michigan Building in 2018 was $2,185,800.
*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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