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    2478 Riopelle St Detroit, MI 48207-4525
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    Property profile & analytics

    2478 Riopelle St, Detroit, MI 48207-4525

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    • Refrigerated & Cold Storage
    • 3,900 SF
    • 0.09 lot acres
    Off-Market
    Last Sale Feb 18, 2021
    $250,000
    Property ID
    US43-0970300
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • ARGitct LLC / Business Management Consultant
    • Soo Fraiche Grill / Restaurant

    Property Details for 2478 Riopelle St

    Year built
    1936
    Lot size
    0.09 lot acres
    Zone code
    M3
    Property type
    Refrigerated & Cold Storage
    APN
    07001966.
    APU
    7001966

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Feb 18, 2021 $250,000 Beaubien Property Acquisition LLC Robeit E Ernst Living Trust Warranty Deed —
    Jan 21, 2021 — Property Acquisition LLC — Deed · related —
    — — Property Acquisition LLC — Deed Of Trust · related —

    Description

    This exceptional 4,200 square foot mixed-use commercial property at 2478 Riopelle St, Detroit, MI 48207, is situated on a 0.9-acre lot and boasts a prime location in the heart of Eastern Market. Built in 1936, this single-story building features a fully approved kitchen, complete with freezers, a fryer, and a grill – ideal for a food-related business. Recent upgrades include a new HVAC system, roof, and mechanicals, ensuring efficient and cost-effective operation. The property includes a significant 3,900 square feet of vacant space ready for immediate occupancy. In addition to the main floor, there is a substantial 2,000 square foot basement area and a 400 square foot second-floor office space, offering versatile options for expansion or additional functionality. The property is zoned MKT and benefits from its proximity to the Eastern Market Brewery, Detroit Distillery, and the bustling Eastern Market itself, ensuring high visibility and foot traffic. This presents a unique opportunity for a variety of businesses seeking a well-equipped space in a vibrant and established commercial district. The cross street is Gratiot Ave, offering convenient access to major thoroughfares. This is a single-tenant property in Wayne County.


    Value Estimations

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    Location Insight

    • Map
    • Local Demand
    City
    Detroit
    County
    Wayne
    State
    Michigan
    Longitude
    -83.0382
    Latitude
    42.3465
    CBSA code
    19820
    CBSA name
    DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $3,944
    $0.00
    $0.00
    $142,200
    -
    $0.00
    $0.00
    $284,400
    More about this property
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