1561 Adelaide St - Warehouse FOR SALE


Detroit, MI 48207- Eastern Market
$2,325,000 USD
586-263-5111
1561 Adelaide St, Detroit, MI for Sale
$2,325,000 USD
Warehouse - FOR SALE
1/10
null | Request Cap Rate

1561 Adelaide St
Detroit, MI 48207
Eastern Market


HIGHLIGHTS

  • Prime Eastern Market Development Location ~
  • Solid Footprint & Square Footage ~ 15,760 SF Total.
  • Two floors, full-height basement, and two sizable wings
  • Ideal for multi-use Adaptation ~ Entertainment, Creative Office / Studios / F&B
  • Historic & Culturally Rich Detroit District ~
  • Outdoor & Parking Potential ~ Private courtyard and secure ample off-street parking, a rare asset in the district.

OVERVIEW

Eastern Market is a perfect blend of Urban Renaissance and historic grit—where refurbished Victorian brick sheds and vibrant murals fuse within cutting-edge culinary, food and beverage, media, and creative enterprises. The district pulses with energy as long-established produce halls and flower sheds now neighbor tenants like Detroit City Distillery, iHeart Media Detroit, Marrow Detroit Provisions, Sy Ginsberg Deli, Grobbel Meats, Collected Detroit and dozens of others, including galleries, creative offices, makerspaces, breweries, event and performance venues —all injecting fresh momentum into this special district. That fusion of preserved heritage and bold reinvestment makes Eastern Market one of Detroit’s most dynamic, opportunity-rich neighborhoods—catching the eye of investors and developers eager to tap its blend of authenticity and forward-thinking growth. 1561 Adelaide Street features two expansive floors of approximately 5,666 square feet each within the main structure, along with a full-height basement offering tall ceilings and flexible potential. The building also includes a 2,640-square-foot right-side wing and a 1,768-square-foot left-side wing, with opportunities to introduce a private courtyard and accommodate ample off-street parking.

FOR SALE DETAILS

PRICE

$2,325,000 USD

PRICE/SF

$148 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1925

UTILITIES

-

CLEAR CEILING HT

10 Ft

DOCKS

2

DRIVE INS

-

PARKING SPACES

20

LAND DETAILS

LAND ACRES

0.46

LAND SF

20,038

ZONING

M3 & M4

APN/PARCEL ID

07-000841

ASK ABOUT THIS PROPERTY

Michael ScamardellaLino Realty, Inc.More Info
586-263-5111

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Michael ScamardellaLino Realty, Inc.More Info
586-263-5111

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.