Detroit, MI Commercial Real Estate for Lease and Sale

Explore 826 listings of Detroit commercial real estate for lease and for sale to find the best space for your business.

RenCen
Regus
400 Renaissance Center Suite 3800, Detroit, MI
Services

Virtual Office

Open Workspace

Private Office

Dedicated Desk
Amenities

24/7 security

Access to global network

Business lounge

Cleaning services

Complimentary coffee & tea

High-speed internet

High-speed wifi

Kitchen

Mail services

Money-back guarantee
View Details (opens in new window)
Glen Cove Apartments

23835 Fullerton St, Brightmoor, Detroit, MI
For Sale

$4,990,000
Property

Multi-Family

112,923 SF
Year Built

1970
View Details (opens in new window)
13900 E Warren Ave

13900 E Warren Ave, Chandler Park, Detroit, MI
For Sale

$250,000
Property

Industrial

11,000 SF
Year Built

1935
View Details (opens in new window)
Harmonie Club

311 East Grand River, Downtown Detroit, Detroit, MI
For Lease

Contact for pricing
Property

Office

35,826 SF
Availability

5 Spaces

35,826 SF
Year Built

1894
View Details (opens in new window)
2701-2731 Jerome Street

2701-2731 Jerome Street, State Fair - Nolan, Detroit, MI
For Sale

$349,000
Property

Industrial

18,977 SF
Year Built

1948
View Details (opens in new window)
101267 . 54 Home SFR Detroit, MI

101267 . 54 Home SFR Detroit, MI, Brooks, Detroit, MI
For Sale

$4,400,000
Property

Multi-Family

62,503 SF
Year Built

1940
View Details (opens in new window)
GM Renaissance Center - Tower 200

200 Renaissance Center, Downtown Detroit, Detroit, MI
For Lease

Contact for pricing
Property

Office

589,077 SF
Availability

23 Spaces

394,385 SF
Year Built

1977
View Details (opens in new window)
GM Renaissance Center - Tower 100

100 Renaissance Center, Downtown Detroit, Detroit, MI
For Lease

Contact for pricing
Property

Office

622,275 SF
Availability

1 Space

234,000 SF
Year Built

1976
View Details (opens in new window)
1981 E 8 Mile Rd

1981 E 8 Mile Rd, State Fair - Nolan, Warren, MI
For Sale

$1,300,000
Property

Industrial

13,772 SF
View Details (opens in new window)
478 West Columbia Street

478 West Columbia Street, Downtown Detroit, Detroit, MI
For Lease

Contact for pricing
Property

Office

12,456 SF
Availability

1 Space

12,456 SF
View Details (opens in new window)
New Center One

3031 W Grand Blvd, Middle Woodward, Detroit, MI
For Lease

$19.50 - $22.00/SF/YR
Property

Office

496,208 SF
Availability

20 Spaces

95,836 SF
Year Built

1982
View Details (opens in new window)
Vacant Land

13999 Harper Avenue, Conner, Detroit, MI
For Sale

Subject To Offer
Property

VacantLand
View Details (opens in new window)
80-92 E Willis

80-92 E Willis, Lower Woodward, Detroit, MI
For Sale

$1,750,000
Property

VacantLand

4,533 SF
Year Built

1916
View Details (opens in new window)
Hoover Industrial Space for Sale or Lease in Detroit with 40,300SF, Green Zone Approved, M3 Industrial Zoning and Major Recent REnovations

20530 Hoover St, Mt. Olivet, Detroit, MI
For Sale

$4,000,000
Property

Industrial

40,300 SF
Year Built

1955
View Details (opens in new window)
Broadway Mixed-Use Building

1307 Broadway St, Downtown Detroit, Detroit, MI
For Sale

$2,240,000
Property

Other

14,300 SF
Year Built

1910
View Details (opens in new window)
One Campus Martius

1 Campus Martius, Downtown Detroit, Detroit, MI
For Lease

$18.50/SF/YR
Property

Office

985,098 SF
Availability

4 Spaces

266,000 SF
Year Built

2003
View Details (opens in new window)
La Fontaine Professional Building

18601 Mack Ave, Finney, Detroit, MI
For Sale

Contact Listing Agent(s)
Property

Office

6,218 SF
View Details (opens in new window)
Office Space Available in Downtown Detroit

2111 Woodward Avenue, Downtown Detroit, Detroit, MI
For Lease

Contact for pricing
Property

Office

88,367 SF
Availability

4 Spaces

21,134 SF
Year Built

1925
View Details (opens in new window)
Stalakis Building

422 West Congress Street, Downtown Detroit, Detroit, MI
For Lease

$16.00 - $19.00/SF/YR
Property

Office

18,500 SF
Availability

3 Spaces

7,860 SF
Year Built

1984
View Details (opens in new window)
Kerby Place

18720 Mack Ave, Grosse Pointe Farms, MI
For Lease

$2,675.00 - $4,882.50/MO
Property

Office

15,396 SF
Availability

2 Spaces

3,023 SF
Year Built

1989
View Details (opens in new window)
20536 Inkster Rd

20536 Inkster Rd, Redford, MI
For Sale

$1,950,000
Property

Industrial

21,452 SF
Year Built

1962
View Details (opens in new window)
Redford Plaza

25025-25047 Grand River Avenue, Redford, MI
For Lease

Contact for pricing
Property

Retail

2,400 SF
Availability

3 Spaces

5,050 SF
View Details (opens in new window)
4 East Alexandrine

4 East Alexandrine, Lower Woodward, Detroit, MI
For Lease

$21.00/SF/YR
Property

Retail

3,884 SF
Availability

2 Spaces

3,884 SF
View Details (opens in new window)
Dollar General - 382K+ Population - All Brick Prototype

8800 Schaefer Hwy, Mackenzie, Detroit, MI
For Sale

$1,191,035
Property

Retail

9,900 SF
Year Built

2014
View Details (opens in new window)
9623 Gratiot Avenue

9623 Gratiot Avenue, Airport, Detroit, MI
For Lease

Contact for pricing
Property

Retail

5,600 SF
Availability

1 Space

1,200 SF
View Details (opens in new window)
Pinnacle Logistics Office Park

12723 Telegraph Road, Redford, MI
For Lease

$6.25/SF/YR
Property

Industrial

826,240 SF
Availability

2 Spaces

527,940 SF
Year Built

1951
View Details (opens in new window)

Frequently Asked Questions

Commercial real estate is a broad category that includes a high variety of space types designed to meet the needs of various industries of the local economy and their specialized subsectors, as presented in our real estate 101 guide to types of commercial real estate. However, there are three main categories that you are most likely to come across: office, retail, and industrial space.

Modern office space is typically organized over large floor plates bound by high ceilings and large windows for an abundance of natural light and is located in transit-oriented developments with good access to multiple modes of transportation, so as to facilitate employee commute. The Detroit commercial real estate market incorporates 39,235,590 square feet of office space across 261 buildings.

Office buildings can also accommodate coworking spaces, which are shared office options that typically cater to the needs of small, startup businesses that require flexible workspaces, a concentration of amenities, and services that can be accessed on an occasional or short-term basis. In Detroit, the coworking segment of the commercial real estate market incorporates about 3,115 square feet.

Retail space includes shopping malls, department stores, street retail, or specialty stores dedicated to a narrow range of products. Such properties are typically located in high foot-traffic and/or car traffic areas, to facilitate customer access. The Detroit commercial real estate market includes 5,299,736 square feet of retail space in a variety of settings.

Industrial property most often serves businesses operating in manufacturing or logistics and generally consists of large open spaces located within good access to roads, railways, freight airports or regional water ports. Industrial space listings can include warehouses, manufacturing plants, distribution centers, flexible industrial space, or even data center facilities. Across the Detroit market, there is a total of 67,391,000 square feet of industrial property.

The listing inventory in Detroit incorporates commercial real estate for lease and for sale of almost all property types and subtypes. However, you’ll find some categories offer more rental or investment opportunities than others.

The largest share of commercial real estate space for lease in Detroit is represented by Office space, which accounts for 5,585,247 square feet of available listings. Industrial space available in Detroit adds up to 4,947,507 square feet.

Meanwhile, most of the listings of commercial property for sale in Detroit are in the Retail category.

The price of renting or buying commercial real estate is influenced by a variety of factors, including: the property type (for example, office space is priced higher than other property types in most locations); the condition and asset class rating (property rated class A or above will typically command a higher price than lower grade classifications); the quality or the development potential of the property location; whether or not there is high demand for the type of commercial asset in question; and what the state of supply is relative to demand.

The average rent for commercial real estate space listed for lease in Detroit is $22.64 per square foot. However, this value does not offer enough perspective on its own, as you will find significant variation in prices across property types, property classes, and location, as well as other impacting factors. For instance, rent per square foot of office space in Detroit can vary greatly depending on the rating of the property from Class A to Class C, as well as across the city depending on the location of the asset. What’s more, each commercial property type makes its own rent market: while the average rent for office space rested at $27.1 per square foot, industrial space in Detroit saw average rents of $6.43 per square foot.

Whether you are looking for commercial real estate for lease or commercial property for sale, the best choice of location depends on the factors that are most relevant to your business strategy. A good thing to look for at the start, however, is the areas of the city that have the highest concentration of your preferred type of property, as these areas are generally well connected to the amenities and points of interest that are most relevant to each property type.

As such, there are several areas that you could consider to be the best location for commercial real estate in Detroit, depending on the property type you are interested in. The highest concentration of commercial space listings of any kind in Detroit is in the Downtown Detroit neighborhood. But if we look at each commercial property type, we find that for office space, the best location is the Downtown Detroit area.

Meanwhile, retail space opportunities are most abundant in the Lower Woodward submarket. Alternatively, if you are looking for warehouse or other industrial space, consider looking at listings in Butzel - Indian Village.

Select your preferred property type from the search filters menu at the top of the search page and then navigate the interactive map for a better view of commercial real estate availability in the locations most suited to your needs.

Regardless of whether buying or leasing commercial space is a new experience for you, there are significant benefits to working with a commercial real estate broker. In addition to saving you time and money, an experienced broker will contribute specialist knowledge of the local market, the property type you need representation for, and will handle negotiations on your behalf in your best interest.

To start, it is important for you to have a good understanding of what kind of broker you need. For instance, there are differences between a tenant broker and a listing broker. Also important at the start is to have a clear idea of what kind of space (or tenant) you are looking for and what (if any) particular needs and requirements you might have. And, while it is good to get a referral, you should interview several brokers to better gauge who you feel would best represent your interests.

CommercialCafe hosts listings from some of the most trusted commercial real estate brokerages in the country. Use the contact form available on each listing page or the contact details for the property representatives to reach out and start your search!

The profitability of a commercial real estate investment depends on a multitude of factors working together. These factors include the quality of the asset itself — which itself includes aspects such as location, property class, amenities, and the quality of the property management — to the local market conditions, the state of the local economy, the demand for that particular type of commercial property, and of course the costs of owning and maintaining it relative to what leasing rate or sale price you get from the property. Asking rents in the city went as high as $29.23 per square foot. In particular, the property type commanding the highest lease rates in Detroit was Office space.

Conversely, the highest sale price last year was $995,000 that is located at 22341 West 8 Mile.

The average size of a commercial property in Detroit depends greatly on the property type and the location — geographical possibilities and zoning allowances have significant influence on how big developers can build. While there are outliers that break height or volume records in the city, we can look at some average sizes by property use:

In Detroit, the average size of an office property is 157,573 square feet.
Retail properties here incorporate an average of 38,404 square feet.
Industrial space in Detroit is in buildings that are, on average 234,812 square feet in size.

Detroit, MI Currently Available Listings

Commercial Space for Lease Breakdown

Commercial real estate listings for rent in Detroit currently add up to 24,798,982 square feet. The market offers 82 active office listing(s), which amount to 5,585,247 square feet and account for 37% of commercial spaces on the market. Local retail availability includes 546,663 square feet across 82 retail space(s). Industrial space for rent opportunities in Detroit amount to 4,947,507 square feet across a total of 39 warehouse and other industrial listing(s).

Property Type	Count of Listings	Total SF
Office	82	5,585,247
Retail	82	546,663
Industrial	39	4,947,507
Other	14	13,719,565

Commercial Space for Sale Breakdown

What’s more, if you are interested in making an investment in the local market, you can also find commercial real estate for sale in Detroit, MI. Currently, there is 8,676,271 square feet of commercial property for sale here , which includes 22 office building(s) for sale , 54 retail investment opportunity listing(s) , and 49 listing(s) of industrial real estate property for sale .

Property Type	Count of Listings	Total SF
Office	22	660,855
Retail	54	540,821
Industrial	49	2,616,030
Other	78	4,858,565

Detroit, MI Commercial Real Estate Market Overview

Following Detroit’s post-deindustrialization population decline, well-organized private and public investment plans in recent decades have contributed greatly to the economic and cultural resurgence of the city. In fact, through its combination of reinvestment and revamped social policies, Detroit has come to serve as a role model for all areas that are looking to re-energize their urban centers. As a result, commercial real estate in Detroit is now among the most attractive in the nation — to developers and investors alike.

Specifically, the city’s revitalized central business district is home to some of the country’s most impressive commercial complexes, as well as a large number of value-add historic properties, which offer great potential for flexibility of space and can accommodate enterprises of all sizes and operating in any industry. Detroit meets the needs for business growth in an increasingly diverse business environment — home to high tech business incubators; enterprises working in cybersecurity and defense; information technology and software companies. So, it’s no surprise that the region leads the nation in stimulating demand for broadband.

Detroit, MI Commercial Real Estate for Lease and Sale

RenCen

Glen Cove Apartments

13900 E Warren Ave

Harmonie Club

2701-2731 Jerome Street

101267 . 54 Home SFR Detroit, MI

GM Renaissance Center - Tower 200

GM Renaissance Center - Tower 100

1981 E 8 Mile Rd

478 West Columbia Street

New Center One

Vacant Land

80-92 E Willis

Hoover Industrial Space for Sale or Lease in Detroit with 40,300SF, Green Zone Approved, M3 Industrial Zoning and Major Recent REnovations

Broadway Mixed-Use Building

One Campus Martius

La Fontaine Professional Building

Office Space Available in Downtown Detroit

Stalakis Building

Kerby Place

20536 Inkster Rd

Redford Plaza

4 East Alexandrine

Dollar General - 382K+ Population - All Brick Prototype

9623 Gratiot Avenue

Pinnacle Logistics Office Park

Frequently Asked Questions

Detroit, MI Currently Available Listings

Commercial Space for Lease Breakdown

Commercial Space for Sale Breakdown

Detroit, MI Commercial Real Estate Market Overview

Other Popular Searches

Popular Coworking Searches

Popular Office Searches

Popular Retail Searches

Popular Industrial Searches

About us

About Us

Our Tools

Detroit, MI Commercial Real Estate for Lease and Sale

Frequently Asked Questions

What are the different types of commercial real estate?

What types of commercial real estate are available in Detroit, MI?

What factors affect the price of commercial real estate in Detroit, MI?

What is the average rent for commercial space in Detroit, MI?

What are the best areas for commercial real estate in Detroit, MI?

How do I find a good commercial real estate broker?

What is the most profitable commercial real estate?

What is the average size of a commercial property in Detroit, MI?

Detroit, MI Currently Available Listings

Commercial Space for Lease Breakdown

Commercial Space for Sale Breakdown

Detroit, MI Commercial Real Estate Market Overview

Other Popular Searches

Popular Coworking Searches

Popular Office Searches

Popular Retail Searches

Popular Industrial Searches

About us