Office Space / Michigan / Detroit / 48226 / 623 Cass Avenue

623 Cass Avenue

Q: What is the asking price for 623 Cass Avenue in Detroit?

The asking price for 623 Cass Avenue is $6,850,000

Q: What is the building size of this Office property in Detroit, MI?

The size of the building/unit at 623 Cass Avenue in Detroit is 96,000 square feet.

Q: How much land does the Detroit, MI property at 623 Cass Avenue include?

623 Cass Avenue in Detroit includes 0.200 acres of land.

Q: What kind of Office is the propery at 623 Cass Avenue?

The property at 623 Cass Avenue Detroit, MI 48226 is listed as a Professional Office property.

Q: What is the population within 1 mile of 623 Cass Avenue?

The population within 1 mile of 623 Cass Avenue Detroit, MI 48226 is 11,291 people.

Q: Who do I contact for questions about 623 Cass Avenue?

You should contact the listing agent, Dan Callaway, for any details regarding this commercial listing.

Detroit, MI 48226

Listing ID: 249553

Print Single-Page Version

623 Cass Avenue | for Sale | Thumbnail 1

623 Cass Avenue | for Sale | Thumbnail 2

623 Cass Avenue | for Sale | Thumbnail 3

623 Cass Avenue | for Sale | Thumbnail 4

623 Cass Avenue | for Sale | Thumbnail 5

623 Cass Avenue | for Sale | Thumbnail 6

623 Cass Avenue | for Sale | Thumbnail 7

623 Cass Avenue | for Sale | Thumbnail 8

623 Cass Avenue | for Sale | Thumbnail 9

623 Cass Avenue | for Sale | Thumbnail 10

623 Cass Avenue | for Sale | Thumbnail 11

Building Size: 96,000 SF

Lot Size: 0.200 AC

Land Size: 8,712 SF

Building $/SF: $71.35

Land $/SF: $786.27

Price

$6,850,000

Property Highlights

7-Story Building Containing 96,600 SF in CBD

Proposals Being Accepted For Purchase or Lease

Loft Style Brick Beam Building

1st Floor Retail Space Available

Lease Rate Contact Listing Broker

Located within 6 blocks of Campus Martius

Redevelopment Opportunity

13,800 SF Gross Floor Plates 10,000 SF usable

Zoning PCA Public Center Adjacent

Asking Price $6,850,000

Description

7-story building containing 96,600 SF of gross building area in CBD for sale. 1st Floor Retail and Warehouse space on upper floors.

Attachments & Files

623cassaveflyermarch2020-4LS-aZC.pdf

Points of Interest & Demographic Radii

Points of Interest

Demographic Radii

POIs provided for entertainment purposes only. Data comes from multiple data sources as well as users and agents. MyEListing makes no claims whatsoever as to the accurancy and/or completeness.

Detroit History of Office Space for Sale

Loan and Amortization Calculator

Listing Price

Down Payment

Loan Amount:

Interest Rate:

Term (months):

Your Monthly Payment

$0.00

Total Principal: --

Total Interest: --

Total Cost: --

Month	Payment	Principal	Interest	Total Interest	Balance
$0.00	$0.00	$0.00	$0.00	$0.00	$0.00

Listing Demographics for 623 Cass Avenue Detroit, MI 48226

All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

		1-Mile	3-Miles	5-Miles
Total Population		11,291	75,901	205,892
Population Median Age		40	38	37
Population by Age	0-9 Yrs	350 (3%)	7281 (9%)	26481 (12%)
	10-19 Yrs	276 (2%)	7326 (9%)	25640 (12%)
	20-29 Yrs	3779 (33%)	17841 (23%)	37306 (18%)
	30-39 Yrs	2360 (20%)	10456 (13%)	27437 (13%)
	40-49 Yrs	1072 (9%)	7773 (10%)	22669 (11%)
	50-59 Yrs	1304 (11%)	8902 (11%)	24710 (12%)
	60-69 Yrs	1321 (11%)	9441 (12%)	24171 (11%)
	70+ Yrs	830 (7%)	6881 (9%)	17478 (8%)

Median HH Income		$56,976	$30,042	$29,217
Total Household Income	< 24K	1764 (25%)	17361 (44%)	39332 (44%)
	25-49K	1157 (16%)	8280 (21%)	22167 (25%)
	50-74K	1227 (17%)	4757 (12%)	11338 (12%)
	75-99K	1003 (14%)	3400 (8%)	6625 (7%)
	100-199K	1204 (17%)	3825 (9%)	7224 (8%)
	200K+	507 (7%)	1177 (3%)	1895 (2%)

Highest Education Level	No Diploma	700	8912	32256
	Diploma or GED	1219	11925	37351
	Some College	2167	11653	28378
	Assoc. Degree	461	3017	7502
	Bachelors Degree	2278	9757	17208
	Higher Degree	2513	8210	13616

Total Housing Units		8,394	48,011	122,998
--Owner-Occupied		1,078	8,731	30,514
--Renter-Occupied		5,785	30,068	58,066
Owner-Occupied Values	< 100K	98	3709	21228
	100-199K	243	2101	4098
	200-299K	391	1459	2436
	300-399K	234	796	1422
	400-499K	79	344	641
	500K+	34	321	689

Total Working Age Population		10,833	65,127	165,285
In Work Force		7,020	36,317	87,042
Not In Work Force		3,813	28,810	78,243
Workforce Employed		6,734	32,456	77,380
Workforce Unemployed		266	3,840	9,627
Civlian Workforce		7,000	36,296	87,007
Military Workforce		21	21	35

Total Households		6,863	38,799	88,580
Family Households		1,240	11,952	36,368
Non-Family Households		5,623	26,847	52,213
Married Couple		895	5,111	16,868
Other Family		345	6,841	19,500
Married w/Child		116	1,536	7,277
Single Male w/Child		10	355	1,641
Single Female w/Child		145	3,298	8,170

Population Change Last Two Decades - Plus Projection

	2000	%	2010	%	2020	%	2030
Michigan	9,938,444	-1	9,883,640	+1	10,023,423	+4	10,424,510
Wayne County	2,061,162	-12	1,820,584	-4	1,741,463	-1	1,730,000

Total Working Age Population:

Total Households:

Total Working Age Population:

Total Households:

Total Working Age Population:

Total Households:

No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

Common Questions and Answers

What is the asking price for 623 Cass Avenue in Detroit?

The asking price for 623 Cass Avenue is $6,850,000

What is the building size of this Office property in Detroit, MI?

The size of the building/unit at 623 Cass Avenue in Detroit is 96,000 square feet

How much land does the Detroit, MI property at 623 Cass Avenue include?

623 Cass Avenue in Detroit includes 0.200 acres of land

What kind of Office is the propery at 623 Cass Avenue?

The property at 623 Cass Avenue Detroit, MI 48226 is listed as a Professional Office property

What is the population within 1 mile of 623 Cass Avenue in Detroit?

The population within 1 mile of 623 Cass Avenue Detroit, MI 48226 is 11,291 people.

Who do I contact for questions about 623 Cass Avenue?

You should contact the listing agent, Dan Callaway, for any details regarding this commercial listing.

Other Listings for Sale Nearby

Address	Price	Sq Ft	Acres
400 Grand River Avenue, Detroit, MI	CALL	20826	-
426 Clinton Street, Detroit, MI	CALL	69744	-
2228 Michigan Avenue, Detroit, MI	CALL	540000	2
2211 East Jefferson Avenue, Detroit, MI	CALL	80289	-
2900 East Jefferson Avenue, Detroit, MI	CALL	2059	-
1920 25th Street, Detroit, MI	CALL	17616	-
1601 Clark Avenue, Detroit, MI	$2,900,000	90000	-
6455 Gratiot Avenue, Detroit, MI	$700,000	6836	1.8
2550 West Grand Boulevard, Detroit, MI	$3,950,000	35880	3.31
8282 Woodward Avenue, Detroit, MI	$800,000	5500	0.32

Closest Commercial Airports

Airport	Distance (mi)
Detroit Metropolitan Wayne County Airport (DTW)	17
Toledo Express Airport (TOL)	64
Cleveland Hopkins International Airport (CLE)	88