Analytics Center
Properties
Other warehouses
MI
Detroit
48207
1357 Division St

Property profile

1357 Division St Detroit, MI 48207

FOR SALE

Other warehouses

Property ID

US43-1671212

11,520 SF 0.08 ac lot Built 1927

Entity Owned 8-yr Hold Free & Clear

Saved · see the list in your Dashboard

$1,150,000 11,520 SF

1357 Division St, Detroit, MI 48207
View Listing →

Built in 1927, this three-story brick warehouse features Art Deco architectural details on its facade. The building comprises 11,520 square feet and is situated in the Eastern Market area of Detroit, Michigan. It is organized with mostly open floor plan areas that can support adaptive reuse, including configurations for creative office use or residential loft conversion. The property has been maintained with renovations to individual suites as needed. It is associated with nearby parking access, with the potential for one adjacent parking lot to be included. The building is part of a larger collection of properties in and around Eastern Market and may be acquired individually or in combination with other properties.

Property type Other warehouses

Use group WAREHOUSE, STORAGE

Year built 1927

Total area 11,520 SF

Lot 0.08 ac (3,485 SF)

Zoning code B6

APN 05000979.

UPID US43-1671212

Implied cap rate, NOI & suggested price

Cap rate vs submarket · NOI estimate · 3 price anchors

Big Box & Wholesale Store
Auto Repair Shop Auto Parts Store

1357 Division St Detroit, MI 48207

Detroit metro Census 518900 DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA

Google Maps

AI Approach AI

by Request

CAP Approach CAP

by Request

Comparable Approach Comparable

by Request

Blend (final) Blend

$255k

since 2018

3 recorded transactions

2018

Price N/A

2018

Price N/A

2018

Price N/A

Zoning description

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)…

General category UNKNOWN

Comparables

6 recent transactions · within 1.5 mi

Comparable in this City

Value Estimation
$2,375,000

90,508 SF

2130 Franklin St

WAREHOUSE, STORAGE

2130 Franklin St, Detroit, MI 48207-4414

View Details
Value Estimation
$2,600,000

50,306 SF

3520 Rivard St

WAREHOUSE, STORAGE

3520 Rivard St, Detroit, MI 48207-2034

View Details
Value Estimation
$110,000

3,519 SF

1514 Adelaide St

WAREHOUSE, STORAGE

1514 Adelaide St, Detroit, MI 48207-4513

View Details
Value Estimation
$275,000

22,500 SF

3178 Bellevue St

WAREHOUSE, STORAGE

3178 Bellevue St, Detroit, MI 48207-2504

View Details
Value Estimation
$90,000

5,063 SF

4101 Grandy St

WAREHOUSE, STORAGE

4101 Grandy St, Detroit, MI 48207-1614

View Details
Value Estimation
$590,000

14,910 SF

1561 Adelaide St

WAREHOUSE, STORAGE

1561 Adelaide St, Detroit, MI 48207-4545

View Details

Similar Nearby for Sale

$1,650,000

0.33 Acres

Industrial Warehouse Near Dequindre Cut

66,000 SF industrial warehouse near Downtown Detroit.

1905 Adelaide St, Detroit, MI 48207

View Details
$2,750,000

27,657 SF

Gratiot Avenue Warehouse for Sale

Six-story, 27,657 SF warehouse suitable for redevelopment in Detroit.

1440 Gratiot Ave, Detroit, MI 48207

View Details
New

$550,000

17,424 SF

Industrial Warehouse with Overhead Doors

17,424 SF industrial warehouse with three overhead doors and 12-foot clear heights for storage, distribution, or light production.

2232 Bellevue St, Detroit, MI 48207

View Details
$1,000,000

7,800 SF

Industrial Warehouse with M3 Zoning

For sale/lease warehouse on M3-zoned lot, previously used for storage and suited for multiple industrial and food uses.

2628 Orleans Street, Detroit, MI 48207

View Details
$3,200,000

37,504 SF

Eastern Market Warehouse Conversion Opportunity

Seven-story, 37,504 SF warehouse suitable for adaptive reuse.

1482 Adelaide St, Detroit, MI 48207

View Details
$1,325,000

18,805 SF

Riverfront Warehouse District Redevelopment Opportunity

Unique commercial package in rapidly developing Detroit Riverfront area.

260 Mount Elliott St, Detroit, MI 48207

View Details

Similar Nearby for Lease

Contact for pricing
20,400 sqft

Industrial Single Tenant Warehouse Space

20,400 SqFt single tenant industrial space for lease.

481 Beaufait St, Detroit, MI 48207

View Details
New

$15 SF/Yr

13,000 sqft

Warehouse with Highway Access

B6-zoned warehouse space near Eastern Market with connections to I-75 and I-375.

1555 Division St, Detroit, MI 48207

View Details
Contact for pricing
19,761 sqft

Alarmed Industrial Warehouse

Clean, alarmed warehouse in an M3 industrial zone with fenced storage available.

1205 Beaufait St, Detroit, MI 48207

View Details
Sponsored

Contact for pricing

Multiple Office Solutions at MI, Detroit - Jefferson Ave. Contact us today to book a tour!

Discover many ways to work your way in MI, Detroit - Jefferson Ave

2751 Jefferson Ave, Detroit, MI 48207

View Details
$9.95 SF/Yr

45,662 sqft

Food Production Industrial Suites

Two lease-ready suites in a food production building include access to shared truckwells and common areas.

4731 Bellevue St, Detroit, MI 48207

View Details
Contact for pricing

Detroit Flex / Industrial Space

Flex, industrial, and office spaces available for lease in Detroit.

1111 Bellevue St, Detroit, MI 48207

View Details