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1482 Adelaide St 37,504 SF Industrial Building Detroit, MI 48207 $3,200,000 ($85.32/SF)
EXECUTIVE SUMMARY
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.
PROPERTY FACTS
| Price | $3,200,000 | Rentable Building Area | 37,504 SF |
| Price Per SF | $85.32 | No. Stories | 7 |
| Sale Type | Investment or Owner User | Year Built | 1927 |
| Property Type | Industrial | Tenancy | Single |
| Property Subtype | Refrigeration/Cold Storage | No. Drive In / Grade-Level Doors | 3 |
| Building Class | C | Opportunity Zone |
Yes
|
| Lot Size | 0.12 AC | ||
| Zoning | MKT | ||
| Price | $3,200,000 |
| Price Per SF | $85.32 |
| Sale Type | Investment or Owner User |
| Property Type | Industrial |
| Property Subtype | Refrigeration/Cold Storage |
| Building Class | C |
| Lot Size | 0.12 AC |
| Rentable Building Area | 37,504 SF |
| No. Stories | 7 |
| Year Built | 1927 |
| Tenancy | Single |
| No. Drive In / Grade-Level Doors | 3 |
| Opportunity Zone |
Yes |
| Zoning | MKT |
1 1
Walk Score®
Very Walkable (83)
PROPERTY TAXES
| Parcel Number | 07-000835 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $578,900 |
PROPERTY TAXES
Parcel Number
07-000835
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$578,900
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1482 Adelaide St
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