1400-1404 Gratiot Ave. - The Viola Building - Detroit, MI 48207

1400 Gratiot Avenue Detroit, MI 48207

1400 Gratiot Avenue, Detroit, MI, 48207
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FOR LEASE
Property Type:
Multi Tenant Office
Amount:
Please Call Broker for Price

Last Verified:
Jan 07, 2025

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Highlights

  • Up to 15,544 SF Available
  • Ground Floor Retail/Restaurant
  • +/- 4,000 SF Floor Plates (2nd , 3rd, 5th Floors)
  • +/- 3,000 SF Basement/Storage
  • Open Floor Plans, In Suite Restrooms, Kitchenettes
  • 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
  • Located at the busy SEC of Gratiot Ave and Russell St. at the Gateway to Eastern Market
  • Qualified Opportunity Zone (QOZ)
  • General Business District (B4)
  • Walkable to the Arena District with Ample Affordable Parking

Description

RETAIL RESTAURANT / OFFICE / CO-WORKING SPACE / LIVE-WORKSPACE
New Ownership has invested over $1.0 million of renovations in the Eastern Market. The Viola Building is a restored 5-story mixed-use office/retail building, located at the busy SEC of Gratiot Ave and Russell St. at the Gateway to Eastern Market. The original 1923 building was renovated in 2018 and 2020/2023 under the current new Ownership. Ownership has invested well over $1.0 million, making additions such an elevator, new windows, new roof and dedicated furnaces per floor. Landlord planning additional improvements to corridor and hallway, lighting and adding murals/art and a lot more fresh paint throughout the interior. The Viola Building provides for ample lower-level storage space, as well.

Located at the busy SEC of Gratiot Ave and Russell St. at the Gateway to Eastern Market n 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.


Year Built: 1923
Building Size: 19430sq ft
Building Class: B
Lot Size: 0.12 acres

Units for Lease

1400 Gratiot Ave.
Space Available: 4000 SF
Lease Type: NNN
1400 Gratiot Ave.
Space Available: 3886 SF
Lease Type: NNN

Map of 1400 Gratiot Avenue, Detroit, MI, 48207

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

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"Incentives" are vital today and in the future because:

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