Eastern Market Redevelopment Opportunity
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Eastern Market Redevelopment Opportunity
6 Properties Offered at $8,000,000 in Detroit, MI
Investment Highlights
- Close Proximity to Brush Park, Lafayette Park, & Downtown
- Adjacent to the Dequinder Cut
- Wilkins St. is a primary link connecting the site to Midtown, one of Detroit’s most active live, work districts
- 5 Minute walk to Eastern Market sheds
- Gratiot Ave. is a primary link connecting (in less than 1 mile) the site to Downtown Detroit
- 1 mile from ALL Detroit Sports Venues
Executive Summary
Mixed use district • 100K+ sqft • Nearly 4 acres
This nearly 4 acre offering comes with more than dirt. It features 110,000 square feet of Solid-built structures waiting to be the foundation of your redevelopment project. And you have the entire block to play with. We’ve done conceptual drawings for a mixed use space that come with this offering along with thorough due diligence including the BEA Report, Environmental, Inspection report, etc…. You can see the dramatic impact this redevelopment project would be in the neighborhood. And how it would create a vibrant destination for those that live there and visit. Eastern Market itself is already a big draw for droves of people year-round. The Dequindre Cut is as well. The City of Detroit is discussing allowing for pass-throughs from the Cut to Eastern Market area creating even more foot/bicycle traffic. There are already plans for a Residential mixed use development and a residential development nearby. The area is ripe for the picking. Whether you decide to leverage the concept here or consider something else - retail, restaurant, recreation - this property is ready to deliver. And you won’t find 4 acres in one nice package where the city is interested in redevelopment just anywhere in Detroit.
This nearly 4 acre offering comes with more than dirt. It features 110,000 square feet of Solid-built structures waiting to be the foundation of your redevelopment project. And you have the entire block to play with. We’ve done conceptual drawings for a mixed use space that come with this offering along with thorough due diligence including the BEA Report, Environmental, Inspection report, etc…. You can see the dramatic impact this redevelopment project would be in the neighborhood. And how it would create a vibrant destination for those that live there and visit. Eastern Market itself is already a big draw for droves of people year-round. The Dequindre Cut is as well. The City of Detroit is discussing allowing for pass-throughs from the Cut to Eastern Market area creating even more foot/bicycle traffic. There are already plans for a Residential mixed use development and a residential development nearby. The area is ripe for the picking. Whether you decide to leverage the concept here or consider something else - retail, restaurant, recreation - this property is ready to deliver. And you won’t find 4 acres in one nice package where the city is interested in redevelopment just anywhere in Detroit.
Data Room Click Here to Access
Property Facts
Price | $8,000,000 | Number of Properties | 6 |
Price / SF | $70.40 / SF | Individually For Sale | 0 |
Sale Conditions | Redevelopment Project | Total Building Size | 113,635 SF |
Sale Type | Investment | Total Land Area | 10.15 AC |
Status | Active |
Price | $8,000,000 |
Price / SF | $70.40 / SF |
Sale Conditions | Redevelopment Project |
Sale Type | Investment |
Status | Active |
Number of Properties | 6 |
Individually For Sale | 0 |
Total Building Size | 113,635 SF |
Total Land Area | 10.15 AC |
Properties
Property Name / Address | Property Type | Size | Year Built | Individual Price |
---|---|---|---|---|
2921 Saint Aubin St, Detroit, MI 48207 | Industrial | 7,585 SF | 1924 | - |
Cut Building
2001 Brewster Rd, Detroit, MI 48207 |
Industrial | 60,000 SF | 1967 | - |
1944 Wilkins St, Detroit, MI 48207 | Industrial | 9,250 SF | 1965 | - |
2603 Saint Aubin St, Detroit, MI 48207 | Land | 0.51 AC | - | - |
1970 Wilkins St, Detroit, MI 48207 | Industrial | 6,000 SF | 1965 | - |
1957 Brewster St, Detroit, MI 48207 | Industrial | 30,800 SF | 1965 | - |
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Eastern Market Redevelopment Opportunity
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