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2851 Russell St Detroit, MI 48207

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Modern medical facility in Detroit's historic Eastern Market.

Type:Office
Property size:
48,960 SF
Added:
Oct 31, 2023
Days on Market:
892
Last Refresh:
Mar 17 at 1:24 pm

Property Features for 2851 Russell St

General Information

Standard status
Active
Size
48,960 SF
Property subtype
Office

Building Details

Year Built
1987

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Listing Contact
Leo Gonzalez

Listing agent Leo Gonzalez License #MI 6502126741

Listing office CRS, Commercial Real Estate Services

Listing date Oct 31, 2023

Source Crexi

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 CRS, Commercial Real Estate Services


Overview

Eastern Market Medical Services Opportunity

This property offers a modern medical facility in the Eastern Market area, which has been established for 150 years and is experiencing new residential growth and overall gentrification. Team Wellness Center has been providing services and care to adults with severe and chronic mental illness in Southeast Michigan since 2002. The center is dedicated to enhancing the wellbeing of individuals by providing an array of comprehensive behavioral and physical health services. Services include substance use, primary care, child/adolescent, and dental services. Team Wellness has invested in new HVAC units, a new roof, and updates throughout the facility. The property is well-positioned near Eastern Market to serve the community's need for medical services. It offers full medical services, private parking, and modern facilities. Team Wellness is the largest mental health care provider in Wayne County and one of the largest for-profit mental health care providers in the Midwest, providing extensive mental health programs for all ages, dental, diet and exercise counseling, and integrated primary care services to over 4,000 patients weekly. The Eastern Market consists of over 150 businesses forming an authentic food-centric district open every day. The subject property offers on-site parking and public parking. The property has future opportunity for redevelopment and expansion of the building. The building size is 48,960 square feet.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Medical centers

Suggested Use

Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

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  • Local Demand
City
Detroit
County
Wayne
State
Michigan
Longitude
-83.0421592
Latitude
42.3481018

FAQs

What type of property is this?
Medical center - Modern medical facility in Detroit's historic Eastern Market.
Where is this medical center located?
The property is located at 2851 Russell St Detroit, MI.
What is the asking price?
The asking price for this property is $16,589,000.
What are key features of this property?
This property features: Largest mental health care provider in Wayne County and one of the largest in the Midwest, serving over 4,000 patients weekly.; Full medical services including mental health for all ages, dental, diet and exercise counseling, and integrated primary care.; Located in the Eastern Market area, one of the oldest and largest year‑round markets in the United States, with over 150 businesses.
More about this property
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