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    OFF-MARKET
    Wedding venues

    1551 Winder St, Detroit, MI 48207

    60,000 SF Built 1891
    Property ID
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Wedding venues
    Year built 1891
    Total area 60,000 SF
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • E & B Brewery Lofts Office Apartment Complex
    • Scott McDuffee Art Artist
    • Renew Restaurant Equipment Factory Production Facility
    Value estimations
    Realmo proprietary · 4 methods
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    CAP Approach CAP
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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