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2489 Russell Street Detroit, MI $ 3,500,000
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$ 3,500,000 Get more info
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

2489 Russell Street, Detroit, MI 48207 - Image 1
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2489 Russell Street, Detroit, MI 48207 - Image 9
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 in 1981 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

RealEstateOnly

Lot Size

0.17

Year Built

1981

Town/City

Detroit

County/Region

Wayne

MLS | Web ID

20261027339
Features
General
Sewer PublicSewer
Heating ForcedAir
Cooling CentralAir
Possession AtClose
Roof Rubber
Garage Spaces 0.0
Construction Materials Brick
Year Built 1981
Levels Two
Property Subtype RealEstateOnly
Current Use Commercial 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 MORSES N PT OF LTS 1 & 2
Garage Y/N N
Building Features Doors1620ft OverheadDoors Elevators OutsideLighting
Status Active
Directions Corner of Russell Street and Winder.
City DetroitCity_Wayne
Senior Community Y/N N
High School District Detroit
Zoning Description Commercial
MLS Area Area05052Det6MackI75Conner
Lot Size Units Acres
Carport Y/N N
Land Lease Y/N N
Tax Annual Amount 15492.0
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 169124
Expected Active Date 2026-04-28
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
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Exterior
Parking Features AlleyAccess OnStreet
Water Source Public
Foundation Details Basement Poured
Spa N
Building Area Total 7600.0
Lot Dimensions 95X80
Lot Size Acres 0.17
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 Y
Heating Y/N Y
Fireplace Y/N N
Above Grade Finished Area 7600.0
Above Grade Finished Area Unit Type SquareFeet
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Internal Only
Street Number 1 2489
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* Excluded Features
List By
Joanna Darmanin

Listing Agent

Kw Metro

Broker

(248) 225-7419

Phone

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
848539 Elementary School
848135 Middle School
Unknown High School High School
See complete school information
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. 2489 Russell Street was built in 1981. The property's zip code is 48207 which is in Detroit, MI

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