1350 Division Street Detroit, MI $ 1,725,000
1350 Division Street
$ 1,725,000
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1350 Division Street

Detroit, MI, 48207
$ 1,725,000
Baths0.0 Sq 15,200

Monthly Estimate*

$ 11,465

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Studio

Commercial Property for sale in Detroit, MI

for $1,725,000. This 15,200 square foot building was built in 1926 on a lot size of 0.88.

Located in the heart of Eastern Market, just steps from Russell Street, 1350 Division is a two-story brick redevelopment opportunity built in 1926. This property offers versatile opportunities for an owner-operator or developer--with potential for up to four ground-floor retail spaces and four to eight residential or creative office units on the second floor. The property is located within an Opportunity Zone and has secure onsite parking. Neighbors include: Eastern Market, Supino Pizza, Trinosophes, People's Records, Vivio's Food & Spirits, Detroit City Distillery, Cairo Coffee, Motown Bistro, Bert's Marketplace, Detroit Hustles Harder, Eastern Market Brewing, Germack, Beyond Juicery, Collect Beer Bar, Bunny Bunny.

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Commercial Active

Price

$ 1,725,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 5,202

Style

Lot Size

0.88

Year Built

1926

Town/City

Detroit

County/Region

Wayne

MLS | Web ID

20230080974

Features
General
Sewer Public Sewer (Sewer-Sanitary)
Heating Forced Air
Possession At Close
Zoning Commercial Multi-Family Multiple Office
Year Built 1926
Property Type Commercial
Subdivision Name MORSES S B LOTS 1 THRU 27
Transaction Type Sale
Status Active
Short Sale No
Construction Materials Block/Concrete/Masonry Brick
Cumulative Days on Market 249
MLS Area Det: 6-Mack I75-Conner
Directions G o o g l e maps
City Detroit
Terms Offered Cash Conventional
School District Detroit
Land Contract 0
Ownership Status Short Sale - No Private Owned
Street Name DIVISION
Total Sq Ft 15200
DOM 249
Taxes 5202.0000
Legal Description S DIVISION 21-22 S B MORSES SUB L45 P452 DEEDS W C R 5/30 80 X 95
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Exterior
Waterfront 0
Lot Size Area 0.88
Water Source Public (Municipal)
Lot Size Dimensions 80 x 95
Architecture Level 2 Story
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Interior
Street Suffix Street
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Internal Only
Originating MLS Realcomp II Ltd
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* Excluded Features
List By
Vincent Mazzola

Listing Agent

O'connor Realty Detroit, Llc

Broker

(313) 963-9891

Phone

Affordability Calculator

$11,898
Per Month
96%
4%
0%
Monthly Principal & Interest
$11,465
Monthly Property Taxes
$434
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
848539 Elementary School
848135 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
3/14/2024$1,725,000 -4.17% Price Down
9/22/2023$1,800,000 Listed Price

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1350 Division Street, Detroit, MI, 48207 is a Commercial Property for sale at $1,725,000 with 15,200 sqft and a lot size of 0.88. 1350 Division Street is a studio with 0.0 baths and was built in 1926. The property's zip code is 48207 which is in Detroit, MI