440 Clinton St
Detroit, MI 48226
 Retail Property For Sale

INVESTMENT HIGHLIGHTS

  • Area has a Significant Development Pipeline
  • Walkable – Near Sports Venues, Casino/Hotel, Shopping & Restaurants
  • Rehab Ready Upper Floors
  • Historical Façade can be Rejuvenated to Restore Original Charm
  • Located Near I-375 and Gratiot Avenue
  • Operating Restaurant on Main Floor

EXECUTIVE SUMMARY

NAI Farbman is pleased to present the opportunity to acquire 428 Clinton Street located within the Entertainment district of Downtown Detroit. The location is walkable from the Stadium District, Greektown and Campus Martius, making this an ideal hospitality asset. The location sits in the path of significant developments happening upon the former jail site to the east and a new multifamily apartment development next door to the west.
The first floor is home to the ever-popular Harbor House restaurant. The upper two floors remain a blank slate to be converted to their highest and best use by the next owner.
*Please open flyer to view the Offering Memorandum

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Property Subtype
Retail
Building Size
16,664 SF
Building Class
C
Year Built/Renovated
1870/1970
Price
$2,768,260 CAD
Price Per SF
$166.12 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Building FAR
2.99
Lot Size
0.13 AC
Opportunity Zone
Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning
B5 - Business use

TRAFFIC

COLLECTION STREET CROSS STREET TRAFFIC VOLUME YEAR Distance
Beaubien St Gratiot Ave, NW 4,400 2025 0.08 km
Brush Street Gratiot Ave 3,299 2025 0.08 km
BRUSH ST Gratiot Ave 3,365 2024 0.08 km
Brush Street Gratiot Ave, NW 3,324 2023 0.08 km
Beaubien Street Macomb St, NW 4,281 2025 0.08 km
Gratiot Ave Beaubien St, NE 10,069 2025 0.09 km
MACOMB ST Beaubien St, SW 1,929 2024 0.09 km
Beaubien St Macomb St, NW 4,163 2024 0.10 km
Brush St Macomb St, NW 4,009 2025 0.12 km
Macomb Street Randolph St, SW 840 2025 0.14 km

PROPERTY TAXES

Parcel Number 01-000216 Improvements Assessment $0 CAD
Land Assessment $0 CAD Total Assessment $2,641,465 CAD

MAP

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