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    1357 Division St Detroit, MI 48207

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    For Sale
    $1,150,000

    Three-story, 11,520 SF warehouse suitable for creative office or lofts.

    Lot size:
    0.08 Acres

    Property Features for 1357 Division St

    General Information

    Lot size
    0.08 Acres

    Building Details

    Year built
    1927

    Source: O'Connor Realty Detroit, LLC Agent Sloane Walsh

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Eastern Market Brick Warehouse

    Constructed in 1927, this three-story brick warehouse features Art Deco architectural details on its facade. The 11,520-square-foot property is located in Eastern Market and presents an opportunity for adaptive reuse conversion into creative office space or residential lofts. The current owner has maintained the property, renovating suites as needed. The building offers mostly open floor plans, providing a blank canvas for developers or users seeking proximity to Detroit's historic open-air market. One of the nearby parking lots may be included in the sale. This property is part of a collection of real estate for sale in and around Eastern Market and can be purchased individually or in multiples.
    Insight Report Location Intelligence

    Current Use by Public Records

    Eden Air Purifiers Air Filter Supplier Speedy's Cash For Cars Auto Wrecker

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Your Personal Vault, Eastern Market Cold Storage Co, Egro-Stroh, Self Storage, Fox Receiving

    Location Insight

    • Map
    • Local Demand
    City
    Detroit
    County
    Wayne
    State
    Michigan
    Longitude
    -83.041506
    Latitude
    42.3469894

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    FAQs

    What type of property is this?
    Warehouse - Three-story, 11,520 SF warehouse suitable for creative office or lofts.
    Where is this warehouse located?
    The property is located at 1357 Division St Detroit, MI.
    What is the asking price?
    The asking price for this property is $1,150,000.
    What are key features of this property?
    This property features: - Prime location in Eastern Market, Detroit, offering high visibility and accessibility.; - Substantial 11,520-square-foot brick warehouse suitable for adaptive reuse.; - Ideal for conversion into creative office space or residential lofts.
    (313) 963-9891
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1357 Division St Detroit, MI 48207
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