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Executive Summary

The property is surrounded by major institutional and corporate occupiers, including 211 West Fort Street, a Class A office tower with long-term tenancy by the U.S. General Services Administration (GSA), and Fort Washington Plaza at 333 W Fort Street, a multi-tenant office building with significant parking demand. Adjacent landmarks such as Huntington Place Convention Center, the Federal Reserve Building (Bedrock), and Campus Martius drive consistent weekday and event-driven traffic to the immediate area, reinforcing the site’s positioning as a core downtown development location rather than fringe infill Momentum continues to build west and southwest of the site with the ongoing transformation of Corktown and the Michigan Central Innovation District, where Ford Motor Company has invested approximately $700 million and brought roughly 5,000 jobs to the area. This surge in employment and residential development has led to over $67 million in new housing investment nearby, intensifying demand for walkable urban density, parking alternatives, and new commercial services along the Fort Street corridor connecting Downtown and Corktown.

Property Facts

Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use Parking Lot
Total Lot Size 0.42 AC
No. Stories 1
Opportunity Zone Yes
Zoning PCA

1 Lot Available

Lot 4,5,6

Lot Size 0.42 AC

N W FORT E 36 FT OF LOT 4 5 & 6MILITARY RESERVE L5 P218 CITY RECORDS, W C R 2/58 142 X 130

Description

- Prime Downtown Location - Located along West Fort Street in Detroit’s Central Business District, offering immediate access to Campus Martius, the Convention Center, the riverfront, and major office clusters. - Rare 0.42-Acre Development Footprint - In a corridor increasingly characterized by high land coverage and institutional ownership, the site provides scale suitable for vertical mixed-use, residential, hotel, or office redevelopment. - Zoned PCA (Public Center Adjacent) - Supports higher-intensity downtown uses with no height restrictions and aligns with Detroit’s long-term vision for density, walkability, and reduced auto-centric land use near the CBD. - Surrounded by Stable Demand Drivers - Adjacent to long-term office tenants, including the U.S. GSA, Bedrock-owned assets, and convention infrastructure driving daily and seasonal utilization. - Income-Producing Interim Use - The site currently functions as a surface parking lot, allowing for near-term cash flow while entitlements, design, or assemblage strategies are advanced. - Connectivity to Michigan Central & Corktown Growth - Strategically positioned along the primary route between Downtown and the Michigan Central Innovation District, benefiting from employment growth and residential absorption west of the CBD. - Alignment with Downtown Redevelopment Trends - Downtown Detroit has seen over $738 million in completed projects in recent years, with additional large-scale mixed-use developments underway, reinforcing long-term appreciation potential for well-located land

Moderately walkable
70/100
Exceptionally drivable
90/100
Exceptional public transit
90/100
Fairly bikeable
50/100

Property Taxes

Property Taxes

Parcel Number
02-0001856
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$1,439,652 CAD
  • Listing ID: 40335038

  • Date on Market: 2026-04-29

  • Last Updated:

  • Address: 300 W Fort St, Detroit, MI 48226

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