Detroit Eastern Market Retail
For Sale
Contact for pricing
2462–2472 Riopelle St, Detroit, MI 48207
17,000 SF Class B retail building in Eastern Market.
Property Size17,000 SF
Days on Market92
Property Features for 2462–2472 Riopelle St
General Information
Standard status
Active
Size
17,000 SF
Property subtype
Retail
Building Details
Year Built
1924
Listing Agency:
SVN | Stewart Commercial Group, LLC
(248) 396-6506
Listed By:
Matthias Rhein · License ##6502361450
(248) 396-6506
Source:
Svn
Added: May 14
Changed: Jul 10
Last Checked: Aug 13 at 4:51AM
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 SVN | Stewart Commercial Group, LLC
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.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,013
Businesses Nearby
12k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 74%
Dining 26%
Chase Bank
Shops & Services
3,760 visits/mo
0.3 miles
BP
Shops & Services
3,606 visits/mo
0.4 miles
Sala Thai
Dining
3,150 visits/mo
0.4 miles
Comerica Bank
Shops & Services
1,757 visits/mo
0.5 miles
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 Retail in Detroit, MI
Questions? Ask Rey
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Frequently Asked Questions
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.
