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Eastern Market Mixed-Use Property
For Sale
$650,000
Pending

2504 Market St, Detroit, MI 48207

Two-story mixed-use property in the heart of Eastern Market.

Property Size5,760 SF
Lot Size0.07 Acres
Days on Market262

Property Features for 2504 Market St

General Information

Standard status Pending
Size 5,760 SF
Lot size 0.07 Acres
Property subtype Commercial

Taxes and HOA fees

Annual Taxes $22,330

Building Details

Building Size 5,760 SF
Year Built 1900
Listing Agency: O'Connor Realty Detroit, LLC
Listed By: Sloane Walsh · License #6501387170
Source: Elliman
Added: Dec 3, 2025 Changed: Aug 19 Last Checked: Aug 21 at 12:03PM

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 Realty Detroit, LLC

Investment Insights

Based on property information with market context.

Located in the heart of Eastern Market, the two-story mixed-use property at 2504 Market Street occupies a central corner location with high traffic. This property presents an opportunity to establish a highly visible, market-facing business. It is part of a collection of properties for sale in and around Eastern Market.

Key Highlights

  • Prime location on a highly trafficked corner in the heart of Eastern Market
  • Mixed‑use property suitable for a market‑facing business
  • Part of a monumental offering of properties in and around Eastern Market

Property Analytics

Current Use

Mixed-use properties

Suggested Use

Top Pick Building Supply Auto Repair Shop Hair Salon Spa & Massage Center Auto Parts Store Nail Salon

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

1,013
Businesses Nearby
12k
Monthly Visits Nearby

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

7.5% 2019
9.2% 2020
8.5% 2021
7.3% 2022
7.9% 2023
7% 2024
7% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Two-story mixed-use property in the heart of Eastern Market.
Where is this mixed-use property located?
The property is located at 2504 Market St Detroit, MI.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: Prime location on a highly trafficked corner in the heart of Eastern Market; Mixed‑use property suitable for a market‑facing business; Part of a monumental offering of properties in and around Eastern Market
More about this property
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