This exceptional 70,000 square foot multi-tenant property, located at 2529 Orleans Street in Detroit's vibrant Eastern Market submarket, offers a unique blend of historic charm and modern amenities. Built in 1864 and extensively renovated in 2024, this building provides flexible office and retail space ideal for a variety of businesses. Currently, 12,237 square feet of space is available, divisible into three suites ranging from 2,000 to 8,000 contiguous square feet. The property's diverse layout allows for customization to meet specific tenant needs, with the possibility of combining units to create larger spaces. Tenants will appreciate the convenient location within the bustling Eastern Market, offering easy access to a variety of dining, retail, and cultural experiences. Furthermore, the building itself boasts on-site dining options, a rooftop lounge, and an event space, enhancing the overall tenant experience. This Wayne County property presents a rare opportunity to establish a presence in one of Detroit's most dynamic and sought-after locations. The property is classified as Retail, Office, and Industrial, with Executive Office and Flex subtypes.
Valuation by Paperhouses methods
Valuation date:
Dec 11, 2024
Alternative Use
Use
Valuation
Residential
$15,432,185
Hospitality
$14,135,798
Educational
$11,760,818
Medical
$12,165,291
Retail
$18,294,606
Location Insight
City
Detroit
County
Wayne
State
Michigan
Latitude
42.3474
Longitude
-83.0378
CBSA code
19820
CBSA name
DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA
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Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.
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