2462-2472 Riopelle St - Storefront Retail/Office FOR SALE
Detroit, MI 48207 |
2462-2472 Riopelle St
Detroit, MI 48207
HIGHLIGHTS
- 2462–2472 Riopelle Street is a 17,000-square-foot renovated commercial asset with retail and office space in Detroit’s historic Eastern Market.
- Leased to iconic tenants like Detroit City Distillery and Henry the Hatter, the CJO Centre delivers stable cash flow through long-term NNN leases.
- Features include a new elevator, a resealed roof, three garage bays, secure roll-up doors, and basements for storage and light manufacturing.
- Value-add opportunity with a 1,250-square-foot executive office suite and a 3,000-square-foot rooftop primed for the development of event space.
- Located in an Opportunity Zone, with direct access to Interstates 75 and 375, minutes from Downtown, Midtown, and key Detroit commuter routes.
- Eastern Market’s foot traffic, local charm, and $2 billion in area spending make this location ideal for retail, office, and entrepreneurial tenants.
FOR SALE DETAILS
PRICE
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CAP RATE
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% LEASED
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TENANCY
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BUILDING DETAILS
PROPERTY NAME
CJO Centre
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Storefront Retail/Office
TOTAL BUILDING SIZE
17000
STORIES
2
YEAR BUILT
1924
SPRINKLERS
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PARKING SPACES
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LAND DETAILS
LAND ACRES
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LAND SF
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ZONING
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APN/PARCEL ID
07-001965
