1482 Adelaide Street Detroit, MI $ 3,200,000
1482 Adelaide Street
$ 3,200,000
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1482 Adelaide Street

Detroit, MI, 48207
$ 3,200,000
Bedrooms-- Baths-- Sq 37,504

Monthly Estimate*

$ 19,964

1482 Adelaide Street, Detroit, MI 48207 - Image 1
1482 Adelaide Street, Detroit, MI 48207 - Image 2
1482 Adelaide Street, Detroit, MI 48207 - Image 3
1482 Adelaide Street, Detroit, MI 48207 - Image 4
1482 Adelaide Street, Detroit, MI 48207 - Image 5

Commercial Property for sale in Detroit, MI

for $3,200,000. This 37,504 square foot building was built in 1927 on a lot size of 0.12.

This seven-story, 37,504-square-foot warehouse in the heart of Eastern Market is the perfect property for an adaptive reuse conversion for either creative office space or residential lofts. The current owner has maintained the property and it is development-ready. The open floor plan and high ceilings make this an ideal blank canvas for developers or users looking to be within one block of Detroit’s historic open-air market. 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.

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Commercial Active

Price

$ 3,200,000

Property Type

Commercial

Taxes

$ 70,691

Style

RealEstateOnly

Lot Size

0.12

Year Built

1927

Town/City

Detroit

County/Region

Wayne

MLS | Web ID

20251037969

Features
General
Sewer PublicSewer
Possession AtClose
Garage Spaces 0.0
Construction Materials Brick
Year Built 1927
Property Subtype RealEstateOnly
Current Use Vacant
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 N GRATIOT ST DEEDS
Garage Y/N N
Status Active
Directions Adelaide and Riopelle
City DetroitCity_Wayne
Senior Community Y/N N
High School District Detroit
Zoning Description Agricultural Commercial MultiFamily Office
MLS Area Area05052Det6MackI75Conner
Lot Size Units Acres
Carport Y/N N
Land Lease Y/N N
Tax Annual Amount 70691.0
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 Vacant
Tax Assessed Value 432100
Expected Active Date 2025-09-18
Legal Description S ADELAIDE 25 PLAT OF SUB RIOPELLE FARM L45 P101 DEEDS W C R 7/74 49.64 X 107
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Exterior
Water Source Public
Foundation Details Basement Block
Spa N
Building Area Total 37504.0
Lot Dimensions 49.64X107
Lot Size Acres 0.12
Waterfront Y/N N
Road Frontage Type Paved
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Interior
Basement (Y/N) Y
Air Conditioning Y/N N
Heating Y/N N
Fireplace Y/N N
Above Grade Finished Area 37504.0
Above Grade Finished Area Unit Type SquareFeet
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Internal Only
Street Number 1 1482
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* Excluded Features
List By
Vincent Mazzola

Listing Agent

O'connor Realty Detroit, Llc

Broker

(313) 963-9891

Phone

Affordability Calculator

$25,855
Per Month
77%
23%
0%
Monthly Principal & Interest
$19,964
Monthly Property Taxes
$5,891
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.
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Nearby
848539 Elementary School
848135 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
9/18/2025$3,200,000 Listed Price

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1482 Adelaide Street, Detroit, MI, 48207 is a Commercial Property for sale at $3,200,000 with 37,504 sqft and a lot size of 0.12. 1482 Adelaide Street was built in 1927. The property's zip code is 48207 which is in Detroit, MI