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1561 Adelaide St 15,760 sq ft 100% Let Industrial Property Detroit, MI 48207 £1,737,473 (£110.25/sq ft)



INVESTMENT HIGHLIGHTS
- Prime Eastern Market Development Location ~
- Two floors, full-height basement, and two sizable wings
- Historic & Culturally Rich Detroit District ~
- Solid Footprint & Square Footage ~ 15,760 SF Total.
- Ideal for multi-use Adaptation ~ Entertainment, Creative Office / Studios / F&B
- Outdoor & Parking Potential ~ Private courtyard and secure ample off-street parking, a rare asset in the district.
EXECUTIVE SUMMARY
Eastern Market is a perfect blend of Urban Renaissance and historic grit—where refurbished Victorian brick sheds and vibrant murals fuse within cutting-edge culinary, food and beverage, media, and creative enterprises. The district pulses with energy as long-established produce halls and flower sheds now neighbor tenants like Detroit City Distillery, iHeart Media Detroit, Marrow Detroit Provisions, Sy Ginsberg Deli, Grobbel Meats, Collected Detroit and dozens of others, including galleries, creative offices, makerspaces, breweries, event and performance venues —all injecting fresh momentum into this special district. That fusion of preserved heritage and bold reinvestment makes Eastern Market one of Detroit’s most dynamic, opportunity-rich neighborhoods—catching the eye of investors and developers eager to tap its blend of authenticity and forward-thinking growth.
1561 Adelaide Street features two expansive floors of approximately 5,666 square feet each within the main structure, along with a full-height basement offering tall ceilings and flexible potential. The building also includes a 2,640-square-foot right-side wing and a 1,768-square-foot left-side wing, with opportunities to introduce a private courtyard and accommodate ample off-street parking.
1561 Adelaide Street features two expansive floors of approximately 5,666 square feet each within the main structure, along with a full-height basement offering tall ceilings and flexible potential. The building also includes a 2,640-square-foot right-side wing and a 1,768-square-foot left-side wing, with opportunities to introduce a private courtyard and accommodate ample off-street parking.
PROPERTY FACTS
| Price | £1,737,473 | Net Internal Area (NIA) | 15,760 sq ft |
| Price per sq ft | £110.25 | No. Floors | 2 |
| Sale Type | Investment or Owner Occupier | Year Built | 1925 |
| Property Type | Industrial | Parking Allocation | 1.27/1,000 sq ft |
| Property Subtype | Warehouse | Eaves Height | 10 ft |
| Costar Property Class | B | No. Dock-High Doors/Loading | 2 |
| Total Plot Size | 0.46 ac | Opportunity Zone |
Yes
|
| Use Class | M3 & M4 | ||
| Price | £1,737,473 |
| Price per sq ft | £110.25 |
| Sale Type | Investment or Owner Occupier |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Costar Property Class | B |
| Total Plot Size | 0.46 ac |
| Net Internal Area (NIA) | 15,760 sq ft |
| No. Floors | 2 |
| Year Built | 1925 |
| Parking Allocation | 1.27/1,000 sq ft |
| Eaves Height | 10 ft |
| No. Dock-High Doors/Loading | 2 |
| Opportunity Zone |
Yes |
| Use Class | M3 & M4 |
AMENITIES
- 24 Hour Access
- Floor Drains
- Security System
- Air Conditioning
1 1
Walk Score®
Easily Walkable (79)
Bike Score®
Good for cycling (70)
PROPERTY TAXES
| Parcel Number | 07-000841 | Improvements Assessment | £0 |
| Land Assessment | £0 | Total Assessment | £233,158 |
PROPERTY TAXES
Parcel Number
07-000841
Land Assessment
£0
Improvements Assessment
£0
Total Assessment
£233,158
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1561 Adelaide St
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