Detroit Eastern Market Retail
24622472 Riopelle St Eastern, Detroit, MI 48207
17,000 SF Class B retail building in Detroit's Eastern Market.
Type:Street Retail
Property size:
17,000 SF- Added:
- May 8, 2026
- Days on Market:
- 19
- Last Refresh:
- May 8 at 2:46 pm
Property Features for 24622472 Riopelle St Eastern
General Information
- Standard status
- Active
- Size
- 17,000 SF
- Property subtype
- Street Retail
Building Details
- Year Built
- 1924
Listing agent Matthias Rhein (248) 396-6506
Listing office SVN (248) 396-6506
Listing date May 8, 2026
Source Thebrokerlist
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
HighLights
- Located in the heart of Detroit's Eastern Market, the largest historic public market district in the U.S.
- Significant value‑add potential with a 3,000 SF rooftop terrace and a 1,250 SF executive suite.
- Short‑term tenant leases allow for full repositioning of the property within 1‑2 years.
- Located within a federally designated Qualified Opportunity Zone.
- Anchored by established tenants: Detroit City Distillery, Henry the Hatter, and Midnight Temple Indian Gastropub.
- Building renovated in 2010 with updated roof and utilities.
Overview
Located in the heart of Detroit's Eastern Market, 2462–2472 Riopelle Street is a 17,000-square-foot Class B retail building. Constructed in 1924 and renovated in 2010, the property is anchored by Detroit City Distillery, Henry the Hatter, and Midnight Temple Indian Gastropub. The building features a 1,250 SF executive suite and a 3,000 SF rooftop terrace. The property is located within a federally designated Qualified Opportunity Zone. Tenants are on short-term leases, allowing for repositioning within 1-2 years, with the upper level available for immediate repositioning within 60 days. The building has flexible interior layouts for multiple tenants, well-maintained building systems supporting retail use, and functional basements under each suite for excess storage. The property benefits from strong pedestrian exposure, with over 2 million annual visitors to Eastern Market. Eastern Market is the largest historic public market district in the United States, drawing more than 2 million visitors annually and up to 40,000 on a single peak Saturday. The six-block public market has nourished Detroit since 1891, with 150+ vendors in the central sheds and 500+ independent merchants across the broader district. The property is contiguous to the new Marrow in the Market high end meat market/restaurant and is minutes from Downtown and Midtown Detroit.
Location Intelligence
Current Use by Public Records
Retail space
Location Insight
- Map
- Local Demand
- City
- Detroit
- County
- Wayne
- State
- Michigan
- Longitude
- -83.0866699
- Latitude
- 42.4464433
Nearby Similar for Sale
FAQs
What type of property is this?
Retail space - 17,000 SF Class B retail building in Detroit's Eastern Market.
Where is this retail space located?
The property is located at 24622472 Riopelle St Eastern Detroit, MI.
What are key features of this property?
This property features: Located in the heart of Detroit's Eastern Market, the largest historic public market district in the U.S.; Significant value‑add potential with a **3,000 SF rooftop terrace** and a 1,250 SF executive suite.; Short‑term tenant leases allow for full repositioning of the property within 1‑2 years.
