1468 Adelaide Street Detroit, MI ^$ 3,425,000

1468 Adelaide Street

^$ 3,425,000

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1468 Adelaide Street

Detroit, MI, 48207

^$ 3,425,000

Bedrooms-- Baths-- Sq 21,309

Monthly Estimate*

^$ 21,368

1468 Adelaide Street, Detroit, MI 48207 - Image 1

1468 Adelaide Street, Detroit, MI 48207 - Image 2

1468 Adelaide Street, Detroit, MI 48207 - Image 3

1468 Adelaide Street, Detroit, MI 48207 - Image 4

Commercial Property for sale in Detroit, MI

for $3,425,000. This 21,309 square foot building was built on a lot size of 0.25.

Located in the heart of Detroit's historic Eastern Market, 1468 Adelaide Street occupies one of the neighborhood's most visible corners. This two-story, 21,309-square-foot mixed-use property is anchored by Farmer Frank's restaurant. With nearly 20,000 square feet of vacant space, the property offers exceptional potential to be reimagined for future businesses. 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.

Commercial Active

Price

^$ 3,425,000

Property Type

Commercial

Taxes

^$ 65,328

Style

Commercial/Industrial

Lot Size

0.25

Town/City

Detroit

County/Region

Wayne

MLS | Web ID

60937911

Features

General

Possession At Close

Water Public Water

Status Active Active

Year Built 19

Subdivision Riopelle Farm N Gratiot St Deeds MI

County Wayne

Class COM/IND/BUS OPP

Type Commercial/Industrial

Ownership Private

Municipality Detroit

Zoning Agricultural Multi-Family Professional Office Commercial

Sale/Rent For Sale

Status Detail 0

Area Detroit (82001)

Primary City Detroit

Directions Adelaide & Russell

City Detroit

Financial Terms Cash Conventional

Legal Description S ADELAIDE 26-27 PLAT OF SUB RIOPELLE FARM L45 P101 DEEDS W C R 7/74 100 X 107

DOM 76

Postal Code 48207

Price Per Sq Ft Total AG 160.73

Public Remarks Located in the heart of Detroit's historic Eastern Market 1468 Adelaide Street occupies one of the neighborhood's most visible corners. This two-story 21

Exterior

Exterior Brick

Frontage 107

Lot Size Area 0.25

Lot Dimensions 100X107

Roads Paved Street

Waterfront Y/N No

* Excluded Features

List By

Vincent Mazzola

Listing Agent

O'connor Realty Detroit, Llc

Broker

vincent@oconnordetroit.com

Affordability Calculator

$26,812

Per Month

Monthly Principal & Interest: $21,368
Monthly Property Taxes: $5,444
Monthly Home Insurance: --

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Loan Term

Interest Rate

Yearly Property Taxes

Yearly 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.

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Nearby

Trends
Schools

Commerical listings in Detroit, MI

Average List Price ^$496,505

Percent of Sale Price 86%

About Detroit, MI

633,657 Population

-33% Since 2002

^$26,977 Median Income

36.23 Median Age

26% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

760529 Elementary School

760235 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
9/18/2025	$3,425,000		Listed Price

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1468 Adelaide Street, Detroit, MI, 48207 is a Commercial Property for sale at $3,425,000 with 21,309 sqft and a lot size of 0.25. The property's zip code is 48207 which is in Detroit, MI

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: 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.

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1468 Adelaide Street

Commercial Property for sale in Detroit, MI

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