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1337-1345 Division St 22,761 SF Retail Building Detroit, MI 48207 $2,450,000 ($107.64/SF)
EXECUTIVE SUMMARY
With three storefronts and interesting architectural details, this three-story, 22,761-square-foot brick warehouse in Eastern Market is an exceptional property for an adaptive reuse conversion for either creative commercial, office space and/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. Adjacent parking lot 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.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
22,761 SF
Building Class
C
Year Built
1922
Price
$2,450,000
Price Per SF
$107.64
Tenancy
Multiple
Building Height
3 Stories
Building FAR
3.07
Lot Size
0.17 AC
Opportunity Zone
Yes
Zoning
MKT - Commercial Zoned District
Parking
30 Spaces (1.32 Spaces per 1,000 SF Leased)
Frontage
92’ on Division St
Walk Score®
Very Walkable (80)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 05-000978 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $228,700 |
PROPERTY TAXES
Parcel Number
05-000978
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$228,700
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1337-1345 Division St
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