2001 Brewster St Detroit, MI 48207
- Office Properties & Spaces
- 110,000 SF
- 3.95 lot acres
Current Use by Public Records
- Office Properties & Spaces
Property Details for 2001 Brewster St
- Lot size
- 3.95 lot acres
- Property size
- 110,000 SF
- Property type
- Office Properties & Spaces
- Property subtype
- Office space
Description
This exceptional 3.95-acre redevelopment opportunity in Detroit's Eastern Market presents 110,000 square feet of existing, structurally sound buildings ready for transformation. Located on Brewster Street, this M3-zoned property offers unparalleled potential for a mixed-use development, leveraging its proximity to the Dequindre Cut Greenway and the bustling Eastern Market. Comprehensive due diligence, including a BEA report and environmental assessment, is available. Conceptual plans envision a vibrant mixed-use sub-district with approximately 255,000 square feet of space, encompassing residential units, commercial/maker space, and retail opportunities. The site boasts frontage on Wilkins and St. Aubin streets, providing excellent access and visibility. Its location just four blocks from Gratiot Avenue and a five-minute walk from the Eastern Market sheds ensures high foot traffic and strong potential for success. The asking price is $8,000,000, with a price per square foot of $84.55. This is a rare chance to acquire a large, well-positioned site in a rapidly developing area of Detroit, poised for significant growth and return on investment. The existing buildings are fully secured and weatherproof, providing a solid foundation for your vision. The M3 zoning allows for a wide range of uses, including loft conversions, residential, restaurants, breweries, retail, office, and hotels. This property is ready to deliver on your vision for a thriving mixed-use development.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Detroit
- County
- Wayne
- State
- Michigan
- Longitude
- -83.0355
- Latitude
- 42.351
