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2504-2506 Market St 5,760 SF 100% Leased Retail Building Detroit, MI 48207 $650,000 ($112.85/SF)
Executive Summary
Located in the heart of Eastern Market, 2504 Market Street sits on one of the most central, highly trafficked corners in the neighborhood. This two-story mixed-use property offers an incredible opportunity to open or house a highly visible market-facing business. 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/Office
Building Size
5,760 SF
Building Class
C
Year Built
1900
Price
$650,000
Price Per SF
$112.85
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.89
Lot Size
0.07 AC
Opportunity Zone
Yes
Zoning
MKT - Commercial Zoned District
Frontage
50’ on Market St
Amenities
- Signage
- Tenant Controlled HVAC
- Storage Space
- Air Conditioning
- Smoke Detector
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- Adam's Meat Market
- Retailer
- -
- -
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| Adam's Meat Market | Retailer | - | - | - |
Moderately walkable
70/100
Very drivable
80/100
Some public transit
50/100
Moderately bikeable
60/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 07-000820 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $198,500 |
Property Taxes
Parcel Number
07-000820
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$198,500
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2504-2506 Market St
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