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Wayne County · commercial real estate

Commercial real estate in Detroit, Michigan.

Investment sales, leasing, tenant searches, business sales and land in Detroit, from Downtown and Midtown to Woodward Ave (M-1) and Jefferson Ave. One small team out of our Birmingham office on Woodward, with the price, NOI and cap rate on page one.

§ 01Around Detroit

Where we work in Detroit.

The streets, neighborhoods and business districts that make up commercial Detroit. Whether the property sits on Woodward Ave (M-1) or tucked into Downtown, we know who is buying and who is leasing.

Commercial streets and corridors

StreetWhat is on it
Woodward Ave (M-1)"Detroit's Main Street" and the east-west divide; the 3.3-mile QLine streetcar runs it from Downtown through Midtown to New Center
Jefferson AveRiverfront avenue past the Renaissance Center; Stellantis's Detroit Assembly Complex-Jefferson sits on the east side
Gratiot Ave (M-3)One of the city's five principal avenues; forms the southern edge of Eastern Market
Mack AveNorthern edge of Eastern Market; Stellantis's Detroit Assembly Complex-Mack (4000 St. Jean) builds the Jeep Grand Cherokee
Michigan Ave (US 12)Corktown's main street; Ford's Michigan Central Station campus sits just south behind Roosevelt Park
Grand River AvePrincipal avenue running northwest from Downtown across the west side
Livernois AveThe Avenue of Fashion retail strip; the 7 Mile/Livernois area is a city neighborhood-revitalization target
W. Vernor HwySouthwest Detroit's commercial spine with the West Vernor-Junction, Lawndale and Springwells business districts in Mexicantown
Fort St (M-85)Runs parallel to I-75 through Southwest Detroit; northern end at Griswold St downtown
Grand BlvdNew Center is centered at Woodward and Grand Blvd; Henry Ford Hospital sits at New Center's western edge
Cass AveCass Corridor in Midtown; western boundary of the Cultural Center
Warren AveSouthern edge of the Cultural Center and the Wayne State University area
Monroe StGreektown restaurant and entertainment strip, near Hollywood Casino
Broadway StEast-side downtown arts strip from Grand Circus Park, home of the Detroit Opera House
8 Mile Rd (M-102)Northern city limit; Palmer Woods is bordered by 7 Mile and 8 Mile
7 Mile RdCrosses Livernois at one of the city's named neighborhood-revitalization areas

Detroit neighborhoods

  • Downtown
  • Midtown
  • New Center
  • Corktown
  • North Corktown
  • Eastern Market
  • Greektown
  • Brush Park
  • Lafayette Park
  • Rivertown
  • Indian Village
  • West Village
  • Jefferson-Chalmers
  • Woodbridge
  • Boston-Edison
  • Palmer Woods
  • Sherwood Forest
  • University District
  • Grandmont-Rosedale (Grandmont and Rosedale Park)
  • Mexicantown / Southwest Detroit
  • Hubbard Farms
  • Milwaukee Junction

Business districts and centers

  • Downtown / Financial District
  • The District Detroit (Little Caesars Arena)
  • Corktown / Michigan Central
  • Eastern Market
  • Midtown (Detroit Medical Center, Wayne State)
  • New Center / TechTown
  • Rivertown / Warehouse District
  • Piquette Avenue Industrial Historic District

Highways and main routes

  • I-75 (Chrysler and Fisher Fwys)
  • I-94 (Edsel Ford Fwy)
  • I-96 (Jeffries Fwy)
  • I-375
  • M-10 (Lodge Fwy)
  • M-39 (Southfield Fwy)
  • M-8 (Davison Fwy)
  • M-1 (Woodward Ave)
  • M-3 (Gratiot Ave)
  • M-85 (Fort St)
  • M-102 (8 Mile Rd)
  • US 12 (Michigan Ave)

§ 04At a glance

Detroit by the numbers.

people live in Detroit (2020)
639,111
ZIP codes
48201, 48202, 48204, 48205, 48206, 48207 +20 more
the city sits in
Wayne County

Detroit is headquarters to General Motors, Rocket Mortgage, Ally Financial and DTE Energy, and about 80,500 people work downtown, one-fifth of the city's employment base. Ford bought Michigan Central Station in 2018 for its new Corktown campus, and Hudson's Detroit added a 49-story, 681-foot tower to Woodward, while Midtown is anchored by the Detroit Medical Center and Wayne State University and Eastern Market holds more than 150 food and specialty businesses.

Landmarks: Renaissance Center, Michigan Central Station, Hudson's Detroit, Detroit Institute of Arts and Gordie Howe International Bridge.

Sources: 1 (opens in a new tab) · 2 (opens in a new tab) · 3 (opens in a new tab) · 4 (opens in a new tab) · 5 (opens in a new tab). Checked 2026-10-30.

§ 05Questions

Commercial real estate in Detroit: questions.

Does ICON Commercial Experts handle commercial real estate in Detroit?

Yes. Detroit is in Wayne County, one of the three counties we work every week from our office at 33483 Woodward Ave, Birmingham, MI 48009. We handle investment sales, leasing, tenant searches, business sales and land here. On the book now: Off-Market 30-Unit Apartment Building.

Can you find space for my business in Detroit?

Tell us the use, the size and the budget. We search Woodward Ave (M-1), Jefferson Ave and Gratiot Ave (M-3) and the rest of Detroit, run the comps and write the offers. How tenant representation works.

What is my commercial property in Detroit worth?

Ask for a valuation and we underwrite it the way a buyer will: in-place NOI, pro forma, lease structure and comparable sales. Request one here or call Joseph on 586-331-6211.

Do you sell businesses in Detroit, with or without the building?

Yes. We sell operating businesses on their own or together with the real estate: restaurants, car washes, service and industrial operators. Business acquisitions and sales.

How do I hear about off-market deals in Detroit?

Join the off-market list and tell us what you buy. When an offering fits, you get it before it goes public, with the price, NOI and cap rate on page one.

§ 06Nearby

Also near Detroit.

Detroit also borders Hamtramck, Highland Park and Grosse Pointe Park. Property just over the line? Call Joseph on 586-331-6211.

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