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Riverfront Flex Warehouse Package
For Sale
$1,325,000

260 Mount Elliott St, Detroit, MI 48207

Three connected commercial buildings with secured parking and flexible-use space near the Detroit Riverfront.

Property Size18,805 SF
Price / SF$70.46
Days on Market72

Property Features for 260 Mount Elliott St

General Information

Standard status Active
Size 18,805 SF

Building Details

Year Built 2003
Listing Agency: ARG Realty
Listed By: Fay Salmaci · License #6501348320
Source: Katie-k
Added: Jul 17 Changed: Sep 13 Last Checked: Sep 24 at 1:50PM

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 ARG Realty

Investment Insights

Based on property information with market context.

Rare riverfront redevelopment and warehouse district opportunity featuring three commercial buildings—260 Mt. Elliott, 266 Mt. Elliott, and 275 Iron—connected and held under the same ownership. The package totals approximately 18,805 square feet and is presented as flexible-use space within a multi-building commercial setting.

The property is positioned near the Detroit Riverfront and described as offering strong visibility and secured parking for on-site operations. A land contract is also available, and the seller notes that all measurements, zoning, and permitted uses require buyer verification.

For buyers considering an owner-user or an investment strategy, the connected configuration allows the buildings to be marketed and operated together as a single package, subject to any buyer diligence and confirmation of uses.

Key Highlights

  • 3 connected commercial buildings: 260 Mt. Elliott, 266 Mt. Elliott, and 275 Iron
  • Total of 18,805 SF of flexible‑use commercial space across the connected buildings
  • Secured parking on‑site

Property Analytics

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Open Analytics

Current Use

Migracion Local Government Office

Suggested Use

Top Pick HVAC Service Hair Salon Auto Parts Store Electrical Service Building Supply Real Estate Agency

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

854
Businesses Nearby
Under-served
Demand for This Use

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Industrial in Detroit, MI

3% 2019
4.2% 2020
2.5% 2021
2.4% 2022
3% 2023
3.4% 2024
3.7% 2025
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Similar Off Market Nearby

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Frequently Asked Questions

What type of property is this?
Warehouse - Three connected commercial buildings with secured parking and flexible-use space near the Detroit Riverfront.
Where is this warehouse located?
The property is located at 260 Mount Elliott St Detroit, MI.
What is the asking price?
The asking price for this property is $1,325,000.
What are key features of this property?
This property features: 3 connected commercial buildings: 260 Mt. Elliott, 266 Mt. Elliott, and 275 Iron; Total of 18,805 SF of flexible‑use commercial space across the connected buildings; Secured parking on‑site
More about this property
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