2740 Orleans St
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2740 Orleans St
6,500 SF Retail Building Detroit, MI 48207 $650,000 ($100/SF)
Executive Summary
This solid two-story industrial brick building in the heart of Eastern Market is situated a block from Shed 5 and two blocks from the busy main artery of Russell Street. Built in 1926, the 6,600-square-foot property offers plenty of space plus myriad versatile opportunities for an owner-operator or developer–with the potential for up to two ground-floor retail spaces and two residential or creative office units above. Located within an Opportunity Zone, the building features new 800-amp electrical service, HVAC, roof and plumbing.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
6,500 SF
Building Class
C
Year Built/Renovated
1931/2021
Price
$650,000
Price Per SF
$100
Tenancy
Single
Building Height
2 Stories
Building FAR
1.66
Land Acres
0.09 AC
Opportunity Zone
Yes
Zoning
MRK
Walk Score ®
Very Walkable (76)
Bike Score ®
Very Bikeable (71)
Nearby Major Retailers
PROPERTY TAXES
| Parcel Number | 07-001868 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $91,200 |
PROPERTY TAXES
Parcel Number
07-001868
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$91,200
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Vincent Mazzola -
O'Connor Real Estate
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2740 Orleans St
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