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The Viola Building 1400-1404 Gratiot Ave 22,430 SF 100% Leased Office Building Detroit, MI 48207 For Sale
EXECUTIVE SUMMARY
The original 1923 building was renovated in 2018 and 2020/2023 with additional improvements planned for 2025. The building has received ±$1.50 MM in capital
upgrades, making significant additions such an elevator, new windows, new roof and dedicated furnaces per floor. The building is scheduled for planned additional improvements to the main corridor and hallway, lighting, adding murals/art and a lot more fresh paint throughout the interior. The Viola Building provides for ample lower-level storage space.
The unique property consists of prime ground floor retail/restaurant space with four floors of office and live/workspace with skyline views. The newly installed elevator provides easy access to units, which have wide open floor plate throughout with sealed concrete floors, in suite restrooms and kitchens.
Located at the busy SEC of Gratiot Ave and Russell St. at the Gateway to Eastern Market in a Qualified Opportunity Zone (QOZ). Excellent walk, bike and transit scores in the thriving Eastern Market area. Located directly across the new development with 440 Apartments Coming Across the street. Area is part of the Project Green Light Detroit partnering with the Detroit Police Department.
20,000 SF Office
4,000 SF Open Floor Plans, In Suite Restrooms, Kitchenettes
4,000 SF Ground Floor Retail/Restaurant
3,000 SF Basement/Storage
Views of Downtown Detroit Skyline
New Roof, Windows, HVAC and Elevator
Available Street Parking Along Gratiot Ave (front) the Service Drive (back)
Ample Additional Surface Parking On/Walkable Off Site
Walking distance to Eastern Market, Ford Field, Comerica Park, Campus Martius, Brush Park, City Modern
Detroit People Mover provides access to nearby attractions to Greektown, Cadillac Center, Broadway, Bricktown, Grand Circus Park, Campus Martius, Renaissance Center
PROPERTY FACTS
MAJOR TENANTS Click Here to Access
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
- AR Virgin Hair, LLC aka Take out Hookah
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- -
- -
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Lorem Ipsum
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Jan 0000
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE TYPE | LEASE END | |
| AR Virgin Hair, LLC aka Take out Hookah | - | - | - | Lorem Ipsum | Jan 0000 |
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- CONDITION
- AVAILABLE
This prime property offers 33,886 SF of available floor plates, located at the corner of Gratiot & Russell in Detroit. With walking distance to Eastern Market, Ford Field, Comerica Park, Brush Park, and City Modern, the location provides excellent access to key city landmarks. Recent upgrades include a new roof, windows, elevator, and HVAC system, ensuring a modern and efficient space for tenants. Ample parking is available for convenience. This property presents an ideal opportunity for businesses seeking a prominent location with exceptional city views and proximity to Detroit's core.
This prime property offers 33,886 SF of available floor plates, located at the corner of Gratiot & Russell in Detroit. With walking distance to Eastern Market, Ford Field, Comerica Park, Brush Park, and City Modern, the location provides excellent access to key city landmarks. Recent upgrades include a new roof, windows, elevator, and HVAC system, ensuring a modern and efficient space for tenants. Ample parking is available for convenience. This property presents an ideal opportunity for businesses seeking a prominent location with exceptional city views and proximity to Detroit's core.
| Space | Size | Space Use | Condition | Available |
| 2nd Floor | 3,866 SF | Office | Partial Build-Out | 30 Days |
| 3rd Floor | 3,866 SF | Office | Partial Build-Out | 30 Days |
2nd Floor
| Size |
| 3,866 SF |
| Space Use |
| Office |
| Condition |
| Partial Build-Out |
| Available |
| 30 Days |
3rd Floor
| Size |
| 3,866 SF |
| Space Use |
| Office |
| Condition |
| Partial Build-Out |
| Available |
| 30 Days |
2nd Floor
| Size | 3,866 SF |
| Space Use | Office |
| Condition | Partial Build-Out |
| Available | 30 Days |
This prime property offers 33,886 SF of available floor plates, located at the corner of Gratiot & Russell in Detroit. With walking distance to Eastern Market, Ford Field, Comerica Park, Brush Park, and City Modern, the location provides excellent access to key city landmarks. Recent upgrades include a new roof, windows, elevator, and HVAC system, ensuring a modern and efficient space for tenants. Ample parking is available for convenience. This property presents an ideal opportunity for businesses seeking a prominent location with exceptional city views and proximity to Detroit's core.
3rd Floor
| Size | 3,866 SF |
| Space Use | Office |
| Condition | Partial Build-Out |
| Available | 30 Days |
This prime property offers 33,886 SF of available floor plates, located at the corner of Gratiot & Russell in Detroit. With walking distance to Eastern Market, Ford Field, Comerica Park, Brush Park, and City Modern, the location provides excellent access to key city landmarks. Recent upgrades include a new roof, windows, elevator, and HVAC system, ensuring a modern and efficient space for tenants. Ample parking is available for convenience. This property presents an ideal opportunity for businesses seeking a prominent location with exceptional city views and proximity to Detroit's core.
PROPERTY TAXES
| Parcel Number | 07-000783 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $445,900 |
PROPERTY TAXES
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The Viola Building | 1400-1404 Gratiot Ave
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