Entity Owned Property summary
1350 Division is a two-story brick building constructed in 1926, located in the Eastern Market area near Russell Street. The property is approximately 15,200 square feet and is suitable for mixed-use redevelopment, with potential for up to four ground-floor retail spaces and four to eight second-floor residential units or creative office suites. It is situated within an Opportunity Zone and includes secure on-site parking. The area is characterized by nearby Eastern Market businesses and dining, including establishments such as Supino Pizza, Trinosophes, People’s Records, Vivio’s Food & Spirits, Detroit City Distillery, Cairo Coffee, Motown Bistro, and related retail and entertainment venues.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Zoning & alternative use
tricts within the City are as follows: (1) B1 Restricted Business District. (2) B2 Local Business and Residential District. (3) B3 Shopping District. (4) B4 General Business District. (5) B5 Major Business District. (6)…
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Value estimation
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Cap rate
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Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
B6 · Detroit, MItricts within the City are as follows: (1) B1 Restricted Business District. (2) B2 Local Business and Residential District. (3) B3 Shopping District. (4) B4 General Business District. (5) B5 Major Business District. (6)…
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
tricts within the City are as follows: (1) B1 Restricted Business District. (2) B2 Local Business and Residential District. (3) B3 Shopping District. (4) B4 General Business District. (5) B5 Major Business District. (6)…
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for B6 in Detroit, MI.
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