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Jim Blehm

Team Owner, Realtor® | The Blehm Group | Keller Williams

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1357 Division St , Detroit, MI 48207
$1,150,000
Est. Payment: $2,555.56/mo
0 Bed
0 Bath
11520 Sqft
Status: Active | Days on site: 134
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House Description

Built in 1927 with Art Deco architectural details decorating the facade, this three-story, 11,520-square-foot brick warehouse in Eastern Market is the perfect property for an adaptive reuse conversion for either creative office space or residential lofts. The current owner has maintained the property while renovating select suites as needed. With mostly open floor plans, this is a blank canvas for developers or users looking to be within walking distance of Detroit’s historic open-air market. One of the nearby parking lots can be included in the sale. This is part of a monumental offering of properties for sale in and around Eastern Market — the largest collection of real estate offered by a single owner for sale in Eastern Market’s history. They can be purchased individually or in multiples. Please see the complete collection of properties for sale. Proof of funds required for all tours.

Highlights

Listed by Vincent Mazzola , O'Connor Realty Detroit, LLC , 313-963-9891.

Property Type

Commercial Sale

Lot/Acreage
0.08

Year Built

1927

County

Wayne

School District

Detroit

Listing ID

20251037904

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:0
  • Full Bathrooms:
Basement:Basement
Water:Public

Exterior Features

Principal Interest
$2,556
Taxes
$606

Home Price

$1,150,000

Loan Details

30 yrs
%

Down Payment

20%
$230,000
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Monthly Price:
$2,555.56

Principal

Taxes

Principal Taxes HOA Total
Monthly $2,555.56 $606.17 $0.00 $3,161.72
Yearly $30,666.67 $7,274.00 $0.00 $37,940.67
Total $920,000.00 $218,220.00 $0.00 $1,138,220.00

Today's Rates

30 Year

0%

20 Year

0%

15 Year

0%

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Market insight data is pulled from the same city as the listing being viewed (Detroit, MI).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.