1551 Winder St, Detroit, MI 48207
This exceptional 60,000 square foot, five-story Class B retail building, located at 1551 Winder St, Detroit, MI 48207 (NW corner of Winder and Orleans Streets, Wayne County), presents a unique investment opportunity. Built in 1891 and extensively renovated in 2023, the property boasts a rich history and modern amenities. The building features multiple suites, with a minimum divisible space of 547 square feet and a maximum contiguous space of 6,234 square feet. A total of four suites are available within the single building. The property is ideally suited for a variety of retail uses, including storefront shops, restaurants, and event spaces. Its prime location, just two blocks from the vibrant Eastern Market, ensures high visibility and foot traffic. The building includes an elevator for convenient access to all five floors. Historically significant architectural details are preserved throughout, creating a unique and attractive environment. The lower level, formerly an art studio, offers a distinctive layout with brick tunnel corridors leading to a large open space. Retail spaces on Winder Street begin at 2,455 square feet. This property offers a blend of historic charm and modern functionality, making it an ideal location for businesses seeking a distinctive and well-located space in the heart of Detroit's Eastern Market.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.