2462–2472 Riopelle St Detroit, MI 48207

Building Details

Year Built

1924

Listing agency SVN | Stewart Commercial Group, LLC m***@svn.com Show Phone

Listed by Matthias Rhein · License ##6502361450 Show Phone

Source Svn

Added: May 14 Updated: Jul 10 at 1:36PM Checked: Jul 21 at 3:54AM

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Investment Insights

Based on property information with market context.

The property at 2462–2472 Riopelle Street is a 17,000-square-foot, Class B retail building situated in Detroit's Eastern Market. Constructed in 1924, the building retains historic character and features frontage on Riopelle Street. A full renovation in 2010 included roof replacement, updated utilities, and updated buildouts. The property is located in an Opportunity Zone, minutes from Downtown and Midtown Detroit. It offers over 3,000 square feet of roof space suitable for a terrace with city views. The location benefits from strong pedestrian exposure, with over 2 million annual visitors to Eastern Market. The interior layouts are flexible and can accommodate multiple tenants. Building systems are well-maintained to support retail use. Functional basements under each suite provide excess storage. The property is contiguous to the new Marrow in the Market high-end meat market and restaurant.

Key Highlights

• Prime location in the heart of Detroit's Eastern Market with strong pedestrian exposure (2M+ annual visitors).
• Opportunity Zone location, offering potential tax benefits.
• Flexible interior layouts suitable for multiple tenants.

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FAQs

What type of property is this?

Retail space - 17,000 SF Class B retail building in Eastern Market.

Where is this retail space located?

The property is located at 2462–2472 Riopelle St Detroit, MI.

What are key features of this property?

This property features: Prime location in the heart of Detroit's Eastern Market with strong pedestrian exposure (2M+ annual visitors).; Opportunity Zone location, offering potential tax benefits.; Flexible interior layouts suitable for multiple tenants.