Commercial Real Estate Services 248.324.2000

Property Search

Choose from the following options to narrow your search results:

For Sale

The Park Shelton

15 E Kirby Street
Detroit, Michigan 48202

Share Listing

E-mail this listing
Sender's Name
Sender's Name is missing or invalid.
Sender's Email
Sender's Email Address is missing or invalid.
Recipient's Name
Recipient's Name is missing or invalid.
Recipient's Email
Recipient's Email is missing or invalid.
Email has been sent.
An error occured while sending an email. Please try again.

Share this listing

Request a Call

Your Name
Your Phone Number
Your Email

Your Message
Thank you. A representative from Friedman will be contacting you shortly.
An error occured while processing your request. Please try again.

Thank you. A broker will be in touch shortly.

For Sale

The Park Shelton

15 E Kirby Street
Detroit, Michigan 48202

- Property Information

eCODE 888
County: Wayne
Property Type: Office, Retail
Total Building SF: ± 340,000 SF
Available Building SF: ± 20,889 SF
Occupancy Rate: 89%
Sale Price: TBD

- Property Details

Occupancy Type: Multi Tenant
Year Built: 1926
Year Renovated: 2004
Zoning: B-4, General Business District
Parking Type: Surface
# Spaces: 50

- Additional Information

  • Investment grade retail for sale inside The Park Shelton, a historic Marquee Building, totaling ±20,889 SF
  • Currently 88.62% occupied with long history of high occupancy
  • Distinguished location on Woodward Ave, directly next to the Detroit Institute of Arts (DIA) in the heart of Midtown
  • Future M-1 rail station located on NW corner of property
  • Opportunity to also purchase 50 parking spaces in adjacent structure, bringing potential for additional revenue. Parking is at an all time high scarcity in the city of Detroit
  • Located in high-traffic area
  • Substantial frontage on Woodward Avenue, Detroit’s main thoroughfare
  • Opportunity to increase NOI by adding NNN and utility costs to current rent
  • Residential condos in the building trade at over $300 per foot, some of the highest prices in SE Michigan

- For more information, contact:

David Cohen

248.324.2000 Request a call