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550-565 E Larned St 32,552 SF Office Building Detroit, MI 48226 For Sale
Investment Highlights
- Corner positioning provides strong identity, natural light, and consistent visibility within Downtown’s walkable core.
- B-6 zoning supports varied commercial uses including office, restaurant, service, retail, and redevelopment concepts
- Private on-site parking lot plus nearby structured parking enhances convenience for future operators and visitors
- Former Opus One dining space adds historic prestige and differentiates the asset for hospitality or retail repositioning.
- Surrounded by long-term public and private investment including major health, residential, and institutional developments
- Centrally located near Detroit Riverwalk, major hotels, corporate headquarters, and cultural destinations
Executive Summary
Offered for sale is 565 Larned, an exceptional mixed-use property positioned in the core of Downtown Detroit, where business revitalization and urban energy converge. The building sits prominently at the northeast corner of Larned Street and Beaubien Street, providing rare visibility within a district defined by landmark architecture, dynamic growth, and sustained commercial investment. With its strategic location steps from Hart Plaza, the Detroit Riverwalk, Campus Martius, major hotels, and the Renaissance Center, the property offers enduring value to buyers seeking a high-impact asset in one of Detroit’s most transformative corridors.
The first floor carries the heritage of the former Opus One Restaurant, a space recognized throughout the region for its history and prestige. This legacy establishes a unique foundation for repositioning into hospitality, retail, or a signature destination concept. Upper floors feature generous, light-filled layouts supported by perimeter windows, offering exceptional flexibility for office, creative, or boutique commercial uses. Investors and developers will appreciate the property’s adaptability, made possible by its structural configuration and its B-6 zoning, which encourages a wide range of commercial, service, and redevelopment pathways
The first floor carries the heritage of the former Opus One Restaurant, a space recognized throughout the region for its history and prestige. This legacy establishes a unique foundation for repositioning into hospitality, retail, or a signature destination concept. Upper floors feature generous, light-filled layouts supported by perimeter windows, offering exceptional flexibility for office, creative, or boutique commercial uses. Investors and developers will appreciate the property’s adaptability, made possible by its structural configuration and its B-6 zoning, which encourages a wide range of commercial, service, and redevelopment pathways
Property Facts
Sale Type
Owner User
Sale Condition
Building in Shell Condition
Property Type
Office
Property Subtype
Building Size
32,552 SF
Building Class
C
Year Built
1980
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
10,851 SF
Slab To Slab
11’
Building FAR
2.77
Lot Size
0.27 AC
Opportunity Zone
Yes
Zoning
B-6 - Commercial Zoned District
Parking
38 Spaces (1.17 Spaces per 1,000 SF Leased)
Amenities
- 24 Hour Access
- Fenced Lot
- Restaurant
- Signage
- Monument Signage
1 1
Walk Score®
Walker's Paradise (90)
Transit Score®
Excellent Transit (82)
Property Taxes
| Parcel Number | 03-000063 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $1,343,800 |
Property Taxes
Parcel Number
03-000063
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$1,343,800
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550-565 E Larned St
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