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2489 Russell St 12,800 SF Retail Building Detroit, MI 48207 For Sale
Investment Highlights
- Positioned in Detroit’s historic Eastern Market, one of the country’s most active wholesale food and specialty-goods districts.
- Strong visibility along Russell St with steady daily vehicular flow and heavy weekend foot traffic tied to Eastern Market events, festivals.
- Surrounded by a mix of retail, food production, beverage companies, galleries, and adaptive-reuse developments.
- Walkable to the region’s premier market sheds, artisan retail, food operations, and a growing cluster of creative-office and production users.
- Exceptional access to I-75 and I-94, enabling rapid distribution, commuter convenience, and regional connectivity for logistics or retail operators.
- Located minutes from Downtown Detroit, Midtown, Ford Field, Comerica Park, and major cultural anchors that continually expand the customer base.
Executive Summary
Fabulous Eastern Market location with both Russell Street and Winder frontage, plus alley access. Well known Eastern Market mainstay with 7,600 sf first floor retail space, office area, storage/warehouse room, employee break room, restrooms, employee locker room and small roasting room. Additional 5,200 sf in the lower level contains open storage space. Building was constructed in 1981 after fire damaged the original structure. 2 HVAC systems were replaced in 2021. Busy corner location with parking on both sides, plus alley access behind. Great visibility and one of the most sought after locations in the Eastern Market district. Listing agent or their representative must accompany. Please allow time to coordinate schedules. Proof of funds/pre-approval will be required prior to showing. Call listing agent for more details.
Property Facts
Sale Type
Owner User
Sale Conditions
Property Type
Retail
Property Subtype
Building Size
12,800 SF
Building Class
C
Year Built
1981
Tenancy
Single
Building Height
2 Stories
Building FAR
1.67
Lot Size
0.18 AC
Opportunity Zone
Yes
Zoning
B6 - General Services District
Parking
8 Spaces (0.63 Spaces per 1,000 SF Leased)
Frontage
100’ on Russell Street
Amenities
- Corner Lot
- Signage
- Tenant Controlled HVAC
- Storage Space
- Air Conditioning
- Smoke Detector
Walk Score®
Very Walkable (81)
Nearby Major Retailers
Property Taxes
| Parcel Number | 05-0034545 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $260,800 |
Property Taxes
Parcel Number
05-0034545
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$260,800
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2489 Russell St
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