2489 Russell Street Detroit, MI $ 3,500,000
2489 Russell Street
$ 3,500,000
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2489 Russell Street

Detroit, MI, 48207
$ 3,500,000
Bedrooms-- Baths-- Sq 7,600

Monthly Estimate*

$ 21,550

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2489 Russell Street, Detroit, MI 48207 - Image 10

Commercial Property for sale in Detroit, MI

for $3,500,000. This 7,600 square foot building was built on a lot size of 0.17.

Fabulous Eastern Market location with both Russell Street and Winder frontage, plus alley access. Well known Eastern Market mainstay with 7,600 sf first floor retail space, office area, storage/warehouse room, employee break room, restrooms, employee locker room and small roasting room. Additional 5,200 sf in the lower level contains open storage space. Building was constructed in 1981 after fire damaged the original structure. 2 HVAC systems were replaced in 2021. Busy corner location with parking on both sides, plus alley access behind. Great visibility and one of the most sought after locations in the Eastern Market district. Two large walk-in coolers. Hydraulic elevator. Overhead door opens to alley for loading/unloading. Listing agent or their representative must accompany. Please allow time to coordinate schedules. Proof of funds/pre-approval will be required prior to showing. Call listing agent for more details.

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Commercial Active

Price

$ 3,500,000

Property Type

Commercial

Taxes

$ 15,492

Style

Commercial/Industrial

Lot Size

0.17

Town/City

Detroit

County/Region

Wayne

MLS | Web ID

60987658

Features
General
Heating Forced Air
Possession At Close
Roof Rubber
Water Public Water
Status Active Active
Year Built 19
Subdivision Morses N Pt Of Lts 1 & 2 MI
County Wayne
Class COM/IND/BUS OPP
Type Commercial/Industrial
Ownership Private
Municipality Detroit
Zoning Commercial
Sale/Rent For Sale
Status Detail 0
Commercial Features Elevator(s) Overhead Doors
Area Detroit (82001)
Primary City Detroit
Directions Corner of Russell Street and Winder.
City Detroit
Financial Terms Cash Conventional
Legal Description W RUSSELL 38 & 37MORSES SUB OF N PT OF LOTS 1&2 L1 P122 PLATS W C R 5/26 95 X 80
DOM 0
Postal Code 48207
Price Per Sq Ft Total AG 460.53
Public Remarks Fabulous Eastern Market location with both Russell Street and Winder frontage plus alley access. Well known Eastern Market mainstay with 7 600 sf first floor retail space office area
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Exterior
Exterior Brick
Exterior Amenities Security Lighting
Frontage 95
Lot Size Area 0.17
Lot Dimensions 95X80
Roads Paved Street
Waterfront Y/N No
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* Excluded Features
List By
Joanna Darmanin

Listing Agent

Kw Metro

Broker

joannadarmanin@kw.com

Email

Affordability Calculator

$22,841
Per Month
94%
6%
0%
Monthly Principal & Interest
$21,550
Monthly Property Taxes
$1,291
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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
760529 Elementary School
760235 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/28/2026$3,500,000 Listed Price

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2489 Russell Street, Detroit, MI, 48207 is a Commercial Property for sale at $3,500,000 with 7,600 sqft and a lot size of 0.17. The property's zip code is 48207 which is in Detroit, MI