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15 E Kirby St - Park Shelton Building 21,042 SF Retail Condo Unit Offered at $3,950,000 in Detroit, MI 48202

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INVESTMENT HIGHLIGHTS

  • Historic & Iconic Architecture: Built in 1926 and listed on the National Register of Historic Places

PROPERTY FACTS

Total Building Size 228,000 SF
Property Type Multifamily (Condo)
Property Subtype Apartment
Building Class B
Floors 12
Typical Floor Size 19,000 SF
Year Built 1926
Lot Size 1.34 AC
Parking Ratio 12.55/1,000 SF
Opportunity Zone Yes
Zoning B-4

AMENITIES

UNIT AMENITIES

  • Air Conditioning
  • Balcony
  • Cable Ready
  • Microwave
  • Storage Space
  • Heating
  • Tile Floors
  • Double Vanities
  • Kitchen
  • Granite Countertops
  • Hardwood Floors
  • High Speed Internet Access
  • Refrigerator
  • Oven
  • Stainless Steel Appliances
  • Range
  • Tub/Shower
  • Views
  • Freezer

SITE AMENITIES

  • 24 Hour Access
  • Fitness Center
  • Laundry Facilities
  • Property Manager on Site
  • Sauna
  • Security System
  • Gated
  • Doorman
  • Roof Terrace
  • Maintenance on site

1 UNIT AVAILABLE

Unit Retail

Unit Size 21,042 SF
Price $3,950,000
Price Per SF $187.72
Condo Use Retail
Sale Type Investment
Cap Rate 9.25%
NOI $365,375
DESCRIPTION

±21,042 SF of Ground Floor Retail: Four commercial units along Woodward Avenue in Midtown Detroit’s cultural core

SALE NOTES

84% Leased to Premier Local Operators: Strong tenant roster made up of a combination of local eateries, cultural arts, boutique shopping, and professional services

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
1+1 188 - 575 - 860
2+2 40 - 1,600 - 1,667
Walk Score®
Very Walkable (89)
Bike Score®
Biker's Paradise (94)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
  • Listing ID: 37050143

  • Date on Market: 7/31/2025

  • Last Updated:

  • Address: 15 E Kirby St, Detroit, MI 48202

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