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1561 Adelaide St 15,760 SF 100% Leased Industrial Building Detroit, MI 48207 $2,325,000 ($147.53/SF)



INVESTMENT HIGHLIGHTS
- Prime Eastern Market Development Location ~
- Two floors, full-height basement, and two sizable wings
- Historic & Culturally Rich Detroit District ~
- Solid Footprint & Square Footage ~ 15,760 SF Total.
- Ideal for multi-use Adaptation ~ Entertainment, Creative Office / Studios / F&B
- Outdoor & Parking Potential ~ Private courtyard and secure ample off-street parking, a rare asset in the district.
EXECUTIVE SUMMARY
Eastern Market is a perfect blend of Urban Renaissance and historic grit—where refurbished Victorian brick sheds and vibrant murals fuse within cutting-edge culinary, food and beverage, media, and creative enterprises. The district pulses with energy as long-established produce halls and flower sheds now neighbor tenants like Detroit City Distillery, iHeart Media Detroit, Marrow Detroit Provisions, Sy Ginsberg Deli, Grobbel Meats, Collected Detroit and dozens of others, including galleries, creative offices, makerspaces, breweries, event and performance venues —all injecting fresh momentum into this special district. That fusion of preserved heritage and bold reinvestment makes Eastern Market one of Detroit’s most dynamic, opportunity-rich neighborhoods—catching the eye of investors and developers eager to tap its blend of authenticity and forward-thinking growth.
1561 Adelaide Street features two expansive floors of approximately 5,666 square feet each within the main structure, along with a full-height basement offering tall ceilings and flexible potential. The building also includes a 2,640-square-foot right-side wing and a 1,768-square-foot left-side wing, with opportunities to introduce a private courtyard and accommodate ample off-street parking.
1561 Adelaide Street features two expansive floors of approximately 5,666 square feet each within the main structure, along with a full-height basement offering tall ceilings and flexible potential. The building also includes a 2,640-square-foot right-side wing and a 1,768-square-foot left-side wing, with opportunities to introduce a private courtyard and accommodate ample off-street parking.
PROPERTY FACTS
| Price | $2,325,000 | Rentable Building Area | 15,760 SF |
| Price Per SF | $147.53 | No. Stories | 2 |
| Sale Type | Investment or Owner User | Year Built | 1925 |
| Property Type | Industrial | Parking Ratio | 1.27/1,000 SF |
| Property Subtype | Warehouse | Clear Ceiling Height | 10’ |
| Building Class | B | No. Dock-High Doors/Loading | 2 |
| Lot Size | 0.46 AC | Opportunity Zone |
Yes
|
| Zoning | M3 & M4 | ||
| Price | $2,325,000 |
| Price Per SF | $147.53 |
| Sale Type | Investment or Owner User |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | B |
| Lot Size | 0.46 AC |
| Rentable Building Area | 15,760 SF |
| No. Stories | 2 |
| Year Built | 1925 |
| Parking Ratio | 1.27/1,000 SF |
| Clear Ceiling Height | 10’ |
| No. Dock-High Doors/Loading | 2 |
| Opportunity Zone |
Yes |
| Zoning | M3 & M4 |
AMENITIES
- 24 Hour Access
- Floor Drains
- Security System
- Air Conditioning
1 1
Walk Score®
Very Walkable (79)
Bike Score®
Very Bikeable (70)
PROPERTY TAXES
| Parcel Number | 07-000841 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $312,000 |
PROPERTY TAXES
Parcel Number
07-000841
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$312,000
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1561 Adelaide St
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