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$4,500,000
2464 Riopelle St, Detroit, MI 48207
0 Beds
0 Baths
16,500 SqFt

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Industrial building located in Detroit's Historic Eastern Market that consists of five thriving business ventures including Detroit City Distillery, Henry the Hatter, Basement Barber Shop, Midnight Temple Bar, and Freeage Productions. There is a large space ready for another rental or residential use. On the rear of the building one can sit on a balcony overlooking Eastern Market with city views. The roof offers an opportunity for a build-out. The City of Detroit has put a walkable plaza on the street and this adds a vibrant atmosphere. THIS PROPERTY IS LOCATED IN A FEDERAL QUALIFIED OPPORTUNITY ZONE.
  • Price:
  • $4,500,000
  • Square Footage:
  • 16,500
  • Acreage:
  • 0.21
  • Year Built:
  • 1924
  • Listing ID #:
  • 2210039343
  • Street Address:
  • 2464 Riopelle St
  • City:
  • Detroit
  • State:
  • Michigan
  • Postal Code:
  • 48207
  • County:
  • Wayne
  • Community:
  • Det: 6-Mack I75-Conner
  • Subdivision:
  • Riopelle Farm Sub Of Lots 4 Thru 15 (plats)
  • Listing Status:
  • Active
  • Listing Type:
  • Commercial
  • Foundation:
  • Basement
  • Foundation Material:
  • Brick/Mortar, Poured
  • Has Handicap Features:
  • Accessible Elevator Installed
  • Main Level Square Footage:
  • 16500
  • Siding:
  • Brick
  • Stories:
  • 2 Story
  • Total Building Square Footage:
  • 16500
  • Type Of Roof:
  • Rubber
  • Year Built:
  • 1924
  • Business Type:
  • Office, Residential, Retail
  • Net Operating Income:
  • 175800.00
  • Conforms To Zoning:
  • Commercial, Multi-Family, Office
  • Existing Land Use:
  • Retail, Office, Residential
  • Road Frontage:
  • 71
  • Road Frontage Type:
  • Class A
  • Days On Market:
  • 402
  • Financing Options:
  • Cash, Conventional
  • For Sale Or Lease?:
  • Sale
  • Summer Tax:
  • 4580.0000
  • Winter Tax:
  • 538.0000
  • Existing Water:
  • Water At Street
  • Heating:
  • Forced Air, Central Air
  • Heating Fuel:
  • Natural Gas
  • Sewage Type:
  • Sewer At Street
  • Water Heater:
  • Natural Gas
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The amounts for the Tax, Insurance, and HOA are estimates and not actual amounts.

Your Payment
$1,400/mo

Source: CINC

  • IDX provided courtesy of Realcomp II Ltd., via Sine & Monaghan, Realtors and Realcomp II Ltd, ©2022 Realcomp II Ltd. Shareholders FARMHILL

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