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Opportunity Zone
Rare Redevelopment Opportunity in Heart of Eastern Market
Rare Redevelopment Opportunity in Heart of Eastern Market
Listing Contacts
Active
Asking Price: $1,495,000
Address
1350 Division St, Detroit, MI 48207
Show on MapDate Added
Sep 22, 2023
Days on Market
639 days
Time Since Last Update
2 hours
Details
Marketing Description
Located in the heart of Eastern Market, just steps from Russell Street, 1350 Division is a two-story brick redevelopment opportunity built in 1926. This property offers versatile opportunities for an owner-operator or developer--with potential for up to four ground-floor retail spaces and four to eight residential or creative office units on the second floor. The property is located within an Opportunity Zone and has secure onsite parking.
Investment Highlights
Features
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Opportunity Zone
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Prime Eastern Market Location
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Onsite Parking Lot
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Great building for an owner operator or up to 12 Tenant Spaces
Neighbors
Eastern Market, Supino Pizza, Trinosophes, People's Records, Vivio's Food & Spirits, Detroit City Distillery, Cairo Coffee, Motown Bistro, Bert's Marketplace, Detroit Hustles Harder, Eastern Market Brewing, Germack, Beyond Juicery, Collect Beer Bar, Bunny Bunny.
Valuation Calculator
Valuation Calculator
Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
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Valuation Metrics
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DSCR
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Cap Rate
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ROI
Property History
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Due Diligence
Listing Contacts
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