Back to search
1515 Division Street Detroit, MI $ 1,000,000
Share Save
$ 1,000,000 Get more info
1515 Division Street
$ 1,000,000
Back to search
Share Save

1515 Division Street

Detroit, MI, 48207
$ 1,000,000
Bedrooms-- Baths-- Sq 10,000

Monthly Estimate*

$ 6,239

1515 Division Street, Detroit, MI 48207 - Image 1
1515 Division Street, Detroit, MI 48207 - Image 2
1515 Division Street, Detroit, MI 48207 - Image 3
1515 Division Street, Detroit, MI 48207 - Image 4
1515 Division Street, Detroit, MI 48207 - Image 5
1515 Division Street, Detroit, MI 48207 - Image 6
1515 Division Street, Detroit, MI 48207 - Image 7
1515 Division Street, Detroit, MI 48207 - Image 8

Commercial Property for sale in Detroit, MI

for $1,000,000. This 10,000 square foot building was built in 1951 on a lot size of 0.25.

Located in the heart of Eastern Market, this 10,000-square-foot multi-tenant building offers an excellent investment opportunity in one of Detroit’s most sought-after neighborhoods. Fully leased with three retail tenants—Well Done Goods, Vintage Eastern Market, and Arthur Rugenstein—the property provides investors with a stable, cash-flowing asset. Ownership has also invested significantly in upgrades to the building’s MEP systems, roof, and storefront, ensuring long-term value. This is part of a monumental offering of properties for sale in and around Eastern Market — the largest collection of real estate offered by a single owner for sale in Eastern Market’s history. They can be purchased individually or in multiples. Please see the complete collection of properties for sale. Proof of funds required for all tours.

See more
Commercial Active

Price

$ 1,000,000

Property Type

Commercial

Taxes

$ 25,313

Style

RealEstateOnly

Lot Size

0.25

Year Built

1951

Town/City

Detroit

County/Region

Wayne

MLS | Web ID

20251037892
Features
General
Sewer PublicSewer
Possession SubjectToTenantRights
Garage Spaces 0.0
Construction Materials Brick
Year Built 1951
Property Subtype RealEstateOnly
Current Use Retail
County Wayne
Net Operating Income 0.0
Operating Expense 0.0
New Construction N
Property Type CommercialSale
HOA N
Attached Garage N
Subdivision Name RIOPELLE FARM
Garage Y/N N
Status Active
Directions Division and Riopelle
City DetroitCity_Wayne
Senior Community Y/N N
High School District Detroit
Zoning Description Commercial Multiple
MLS Area Area05052Det6MackI75Conner
Lot Size Units Acres
Carport Y/N N
Land Lease Y/N N
Tax Annual Amount 25313.0
Home Warranty Y/N N
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Standard Status Active
Occupancy Type Tenant
Tax Assessed Value 153905
Expected Active Date 2025-09-18
Legal Description N DIVISION 44 45 PLAT OF PT RIOPELLE FARM N OF GRATIOT L45 P101 DEEDS W C R 7/31 100 IRREG SPLIT/COMBINED ON 03/24/2020 FROM 07000860-1 07000862.;
See more
Exterior
Water Source Public
Foundation Details Slab
Spa N
Building Area Total 10000.0
Lot Dimensions 100x100
Lot Size Acres 0.25
Waterfront Y/N N
Road Frontage Type Paved
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
See more
Interior
Basement (Y/N) N
Air Conditioning Y/N N
Heating Y/N N
Fireplace Y/N N
Above Grade Finished Area 10000.0
Above Grade Finished Area Unit Type SquareFeet
See more
Internal Only
Street Number 1 1515
See more
* Excluded Features
List By
Vincent Mazzola

Listing Agent

O'connor Realty Detroit, Llc

Broker

(313) 963-9891

Phone

Affordability Calculator

$8,348
Per Month
75%
25%
0%
Monthly Principal & Interest
$6,239
Monthly Property Taxes
$2,109
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% 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.
Learn more about how to save

Discover how much house you can afford

Your dream home may be within reach.

Learn More about how to save

The time to sell is now
THE TIME TO SELL IS NOW! What's my home worth?
Nearby
848539 Elementary School
848135 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
9/18/2025$1,000,000 Listed Price

Map

More homes like this one

homes for you

See all
See all

1515 Division Street, Detroit, MI, 48207 is a Commercial Property for sale at $1,000,000 with 10,000 sqft and a lot size of 0.25. 1515 Division Street was built in 1951. The property's zip code is 48207 which is in Detroit, MI

Get more info