The Albert Retail offers an opportunity to lease retail space within one of downtown Detroit’s most recognized historic mixed-use properties. Located at the corner of Griswold Street within the Capitol Park Historic District, the property combines ground-floor retail with a built-in residential customer base created by 127 market-rate apartments situated above the retail component. Originally constructed in 1929 and designed by renowned architect Albert Kahn, the building was added to the National Register of Historic Places in 1980 and underwent a significant redevelopment in 2014 that transformed the former office building into a mixed-use residential and retail destination.
Positioned just north of Detroit’s Financial District, the property benefits from walkable access to Capitol Park, Campus Martius Park, Woodward Avenue, and the surrounding concentration of office, residential, hospitality, and entertainment uses that support daily pedestrian activity throughout downtown. The location places retailers within one of the city’s most established urban neighborhoods, surrounded by historic architecture, residential density, and a growing collection of restaurants, service providers, and destination businesses.
The Albert’s location within Capitol Park provides visibility in a district known for its active streetscape and historic character. The combination of residential units within the building, additional nearby housing, and proximity to downtown employment centers creates a setting that can support a variety of retail, restaurant, service, and experiential concepts seeking a presence in Detroit’s urban core.