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EXECUTIVE SUMMARY
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.
PROPERTY FACTS
| Price | $1,150,000 | Lot Size | 0.10 AC |
| Price Per SF | $99.83 | Rentable Building Area | 11,520 SF |
| Sale Type | Investment or Owner User | No. Stories | 3 |
| Property Type | Industrial | Year Built | 1927 |
| Property Subtype | Warehouse | No. Drive In / Grade-Level Doors | 2 |
| Building Class | C | Opportunity Zone |
Yes
|
| Zoning | MKT - Industrial Zoned District | ||
| Price | $1,150,000 |
| Price Per SF | $99.83 |
| Sale Type | Investment or Owner User |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | C |
| Lot Size | 0.10 AC |
| Rentable Building Area | 11,520 SF |
| No. Stories | 3 |
| Year Built | 1927 |
| No. Drive In / Grade-Level Doors | 2 |
| Opportunity Zone |
Yes |
| Zoning | MKT - Industrial Zoned District |
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE END
- Aptemal Clothing
- Retailer
- -
- -
- -
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE END | ||
| Aptemal Clothing | Retailer | - | - | - |
1 1
Walk Score®
Very Walkable (80)
PROPERTY TAXES
| Parcel Number | 05-000979 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $68,400 |
PROPERTY TAXES
Parcel Number
05-000979
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$68,400
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1357 Division St
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