1315 Broadway St
Detroit, MI 48226
Trophy Broadway Building | The Belt · Office Property For Sale

The Jonna Group of Marcus & Millichap has been selected to exclusively represent for sale the very rare Broadway Building located in bustling downtown Detroit, Michigan. The property represents extremely high barriers to entry in an urban core that is sought after throughout the local and national investment spectrum. Properties of this nature and within radius are virtually unattainable in this market. This iconic asset is immediately situated on “The Belt” within a very high-foot traffic “bumper to bumper” corridor, especially on the weekends due to an inescapable draw from local eateries and shops. The property is strategically located on Broadway Street and Gratiot Avenue in Downtown Detroit’s Central Business District, neighboring the busy Punch Bowl Social bar, restaurant and bowling venue to the immediate west. The trophy fee-simple offering consists of 15,920 total square feet on four above-grade floors with endless potential for an incoming investor. The property’s interior has been recently renovated and repaired at the ground level and included are full white box plans that will be provided to purchaser. The property is located in a qualified Opportunity Zone, which provides numerous potential tax benefits and upside to an incoming investor. The subject site is located within “The Belt”, a famous culturally redefined alley in the heart of Downtown. The Belt has been transformed into one of the most dynamic pedestrian-friendly public spaces in the country that is home to murals and installations by local, national and international artists. “The Belt” hosts a slew of bars and entertainment establishments and is a popular destination for both locals, tourists and visitors. The Broadway Building is within walking distance to many of the iconic Detroit sites including Campus Martius, Greektown, Comerica Park, Ford Field, Detroit Opera House, Detroit Athletic Club, Quicken Loans Headquarters, Hilton Garden Inn, YMCA and many more. The trophy Broadway Building in downtown Detroit enjoys convenient access to many major expressways, including M-10, I-75, and I-94. The City of Detroit is engaged in one of America’s greatest urban revitalization and renewal efforts and is in the midst of phenomenal residential, commercial, and industrial growth. Over the past decade, more than $15 billion has been invested downtown, building a brand new professional sports stadium and entertainment district, live theater and opera venues, casinos and hotels, new Class A office space for General Motors, Compuware, TCF Bank, as well as residential and retail space, and an abundance of new restaurants and nightclubs. Upcoming projects and developments underway will further propel the Detroit renaissance for many years to come.