Listed by O'Connor Real Estate
$3,200,000
1482 Adelaide
Details
APN W07I000835S
Property Type Land, Multifamily
Sub Type Agricultural, Apartment Building
Square Footage 37,504
Tenancy Multi
Year Built 1927
Stories 7
Acreage 0.120
Zoning MKT
1482 Adelaide - Eastern Market
Marketing description
This seven-story, 37,504-square-foot warehouse in the heart of Eastern Market is the perfect property for an adaptive reuse conversion for either creative office space or residential lofts. The current owner has maintained the property and it is development-ready. The open floor plan and high ceilings make this an ideal blank canvas for developers or users looking to be within one block of Detroit’s historic open-air market. This is part of a monumental offering of properties for sale in and around Eastern Market — the largest collection of real estate offered by a single owner for sale in Eastern Market’s history. They can be purchased individually or in multiples. Please see the complete collection of properties for sale. Proof of funds required for all tours.
Investment highlights
- Located in a qualified Opportunity Zone
- Seven stories
- Former storage building
- Open floorplans
- High ceilings
- Perfect property for an adaptive reuse conversion
Listing Contacts
Listed by O'Connor Real Estate
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