Listed by O'Connor Real Estate
$1,150,000
1357 Division — Eastern Market
Details
APN W05I000979S
Property Type Mixed Use, Land
Sub Type Agricultural, Apartment Building
Square Footage 11,520
Tenancy Multi
Price per SqFt $100
Broker Co-Op Yes
Year Built 1927
Stories 3
Acreage 0.080
Zoning MKT
1357 Division — Eastern Market
Marketing description
Built in 1927 with Art Deco architectural details decorating the facade, this three-story, 11,520-square-foot brick warehouse in 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 while renovating select suites as needed. With mostly open floor plans, this is a blank canvas for developers or users looking to be within walking distance of Detroit’s historic open-air market. One of the nearby parking lots can be included in the sale. 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
- Surrounded by creative studios and small business hubs
- Easy access to Downtown and I-75
- Can be sold as a package with 2000 Division for parking
Listing Contacts
Listed by O'Connor Real Estate
Valuation Calculator
Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$--
$--
Valuation Metrics
0
DSCR
--
Cap Rate
--
ROI
Broker Selected Comps View More Comps
Property History
Similar Properties
Is there information that looks off?
