Listed by O'Connor Real Estate
$1,000,000
1515 Division — Eastern Market
Details
Property Type Retail
Sub Type Storefront, Shopping Center
Square Footage 10,000
Units 3
Occupancy 100%
Tenancy Multi
Brand/Tenant Well Done Goods, Vintage Eastern Market
Lease Type NNN
Price per SqFt $100
Broker Co-Op Yes
Year Built 1971
Buildings 2
Stories 1
Zoning MKT
Investment Type Stabilized
Ground Lease No
1515 Division — Eastern Market
Marketing description
Located in the heart of Eastern Market, this 10,000-square-foot multi-tenant building offers an excellent investment opportunity in one of Detroit’s most sought-after neighborhoods. Fully leased with three retail tenants—Well Done Goods, Vintage Eastern Market, and Arthur Rugenstein—the property provides investors with a stable, cash-flowing asset. Ownership has also invested significantly in upgrades to the building’s MEP systems, roof, and storefront, ensuring long-term value.
Investment highlights
- Located in a qualified Opportunity Zone
- 100% leased
- 3 retail spaces
- Significant investment by ownership
- Stable cashflowing asset
Listing Contacts
Listed by O'Connor Real Estate
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