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Eastern Market Adaptive Reuse Opportunity
For Sale
$2,450,000

1337 Division St, Detroit, MI 48207

Three-story, 22,761 SF brick warehouse in Eastern Market.

Property Size22,761 SF
Lot Size0.17 Acres
Days on Market266

Property Features for 1337 Division St

General Information

Standard status Active
Size 22,761 SF
Lot size 0.17 Acres
Property subtype Commercial

Taxes and HOA fees

Annual Taxes $24,589

Building Details

Building Size 22,761 SF
Year Built 1922
Listing Agency: O'Connor Real Estate
Listed By: Sloane Walsh · License #6501387170
Source: Elliman
Added: Nov 28, 2025 Changed: Aug 15 Last Checked: Aug 20 at 11:29AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of O'Connor Real Estate

Investment Insights

Based on property information with market context.

This three-story, 22,761-square-foot brick warehouse, featuring three storefronts and notable architectural details, is located in Eastern Market. The property presents an exceptional opportunity for adaptive reuse conversion into creative commercial spaces, office space, and/or residential lofts. The current owner has maintained the property, renovating select suites as needed. The building offers mostly open floor plans, providing a blank canvas for developers or users seeking a location within walking distance of Detroit's historic open-air market. An adjacent parking lot is potentially available as part of the sale, with other parking options also available. This property is part of a collection of real estate offerings in and around Eastern Market and can be purchased individually or in multiples.

Key Highlights

  • Prime Eastern Market location, walking distance to the historic open‑air market.
  • Large 22,761‑square‑foot, three‑story brick warehouse suitable for adaptive reuse.
  • Ideal for creative commercial, office space, or residential lofts.

Property Analytics

Current Use

Kimochi Detroit Spa & Massage Center Nissan Key Replacement ... Auto Repair Shop Sizzle Chefs Food And Beverage Consultant

Suggested Use

Top Pick Building Supply Auto Repair Shop Auto Parts Store Spa & Massage Center Hair Salon Kitchen & Bath Showroom

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,165
Businesses Nearby

Demographics for 48207, MI

21,704
Population
13,026
Households
1.7
Avg Household Size
42
Median Age
35%
College-Educated
88%
High-School Grad
6.3 sq mi
ZIP Area
3,445
Density / Sq Mi
$44,561
Median Household Income
$43,377
Median Earnings
$1,040
Median Rent
$193,800
Median Home Value

Market

Vacancy Rate% for Office in Detroit, MI

11.9% 2019
13.9% 2020
15.2% 2021
17.9% 2022
20.3% 2023
22% 2024
19.5% 2025
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Frequently Asked Questions

What type of property is this?
Office units - Three-story, 22,761 SF brick warehouse in Eastern Market.
Where is this office units located?
The property is located at 1337 Division St Detroit, MI.
What is the asking price?
The asking price for this property is $2,450,000.
What are key features of this property?
This property features: Prime Eastern Market location, walking distance to the historic open‑air market.; Large 22,761‑square‑foot, three‑story brick warehouse suitable for adaptive reuse.; Ideal for creative commercial, office space, or residential lofts.
More about this property
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