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1468 Adelaide Street Detroit, MI $ 3,425,000
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$ 3,425,000 Get more info
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 in 1916 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.

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Commercial Active

Price

$ 3,425,000

Property Type

Commercial

Taxes

$ 65,328

Style

RealEstateOnly

Lot Size

0.25

Year Built

1916

Town/City

Detroit

County/Region

Wayne

MLS | Web ID

20251037976
Features
General
Sewer PublicSewer
Possession AtClose
Garage Spaces 0.0
Construction Materials Brick
Year Built 1916
Property Subtype RealEstateOnly
Current Use MixedUse
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 & Russell
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 65328.0
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 MultipleOccupantTypes
Tax Assessed Value 399223
Expected Active Date 2025-09-18
Legal Description S ADELAIDE 26-27 PLAT OF SUB RIOPELLE FARM L45 P101 DEEDS W C R 7/74 100 X 107
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Exterior
Water Source Public
Foundation Details Basement Block
Spa N
Building Area Total 21309.0
Lot Dimensions 100X107
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
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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 21309.0
Above Grade Finished Area Unit Type SquareFeet
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Internal Only
Street Number 1 1468
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* Excluded Features
List By
Vincent Mazzola

Listing Agent

O'connor Realty Detroit, Llc

Broker

(313) 963-9891

Phone

Affordability Calculator

$26,812
Per Month
80%
20%
0%
Monthly Principal & Interest
$21,368
Monthly Property Taxes
$5,444
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
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Pricing History
DatePricePrice ChangeDescription
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. 1468 Adelaide Street was built in 1916. The property's zip code is 48207 which is in Detroit, MI

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