1350 Division St Detroit, MI 48207
- Warehouses
- 15,200 SF
- 0.17 lot acres
Current Use by Public Records
- Warehouses
Property Details for 1350 Division St
- Year built
- 1926
- Lot size
- 0.17 lot acres
- Property size
- 15,200 SF
- Zone code
- B6
- Property type
- Warehouses
- APN
- 05000923.
- APU
- 5000923
Description
This exceptional 15,200 square foot mixed-use property, located at 1350 Division St in Detroit, MI 48207, presents a rare redevelopment opportunity in the vibrant heart of Eastern Market. Built in 1926, this two-story brick building sits on a 0.088-acre lot and boasts a B6 zoning permit. Currently vacant, the property offers immense potential for a variety of uses. Imagine transforming this space into up to four ground-floor retail spaces, complemented by four to eight residential or creative office units on the second floor. The property's prime location places it steps from Russell Street, surrounded by thriving businesses such as Supino Pizza, Trinosophes, and many more. Secure onsite parking adds significant value. This is an exceptional investment opportunity within an Opportunity Zone, ideal for owner-operators or developers seeking a high-impact project in a dynamic and sought-after Detroit neighborhood. The asking price is $1,495,000, translating to $98.36 per square foot.
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
- -83.0413
- Latitude
- 42.3466
- CBSA code
- 19820
- CBSA name
- DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA
