2740 Orleans StDetroit, MI 48207

  • Manufacturing properties
  • 6,666 SF
For Sale
$650,000 View listing

Property Details for 2740 Orleans St

Year built
1931
Lot size
0.09 AC
Property size (Sq ft)
6,666 SF
Zone code
M3
Property type
Manufacturing properties
APN
07001868.
APU
7001868

Description

This stunning, fully renovated 6,600 square foot mixed-use building is located in the heart of Detroit's Eastern Market, just a block from Shed 5 and two blocks from Russell Street. Originally constructed in 1931 and meticulously restored in 2023, this two-story brick building boasts a new 800-amp electrical service, updated HVAC, a new roof, and new plumbing. The property features four units, offering versatile opportunities for an owner-operator or developer. Imagine two ground-floor retail spaces and two upper-level residential or creative office units. Situated on a 0.089-acre lot, this property is zoned MKT and is located within an Opportunity Zone, presenting significant investment potential. The building's prime location places it within easy walking distance of numerous popular establishments, including 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, and Beyond Juicery, ensuring high visibility and foot traffic. This is a rare opportunity to acquire a turnkey property in one of Detroit's most vibrant and sought-after neighborhoods. The building is currently vacant, allowing for immediate occupancy and customization to suit your specific needs. Don't miss this chance to own a piece of Detroit's thriving Eastern Market.

Location Insight

City
Detroit
County
Wayne
State
Michigan
Latitude
42.349
Longitude
-83.0381
CBSA code
19820
CBSA name
DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$2,975
-
-
$92,300
-
-
-
$184,600

FAQs

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