2464 Riopelle $4,500,000


    2464 Riopelle Detroit, MI 48207

    • 16,500 sq. ft.
    • 0.21 Acres
    • Commercial Lease
    • MLS# 40178966
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    Views: 250 Days On Site: 243

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    Property Details

    Industrial building located in Detroit's Historic Eastern Market that consists of five thriving business ventures including Detroit City Distillery, Henry the Hatter, Basement Barber Shop, Midnight Temple Bar, and Freeage Productions. There is a large space ready for another rental or residential use. On the rear of the building one can sit on a balcony overlooking Eastern Market with city views. The roof offers an opportunity for a build-out. The City of Detroit has put a walkable plaza on the street and this adds a vibrant atmosphere. THIS PROPERTY IS LOCATED IN A FEDERAL QUALIFIED OPPORTUNITY ZONE.

    • General Features
      • Acreage 0.21
      • Area Municipality Detroit (82001)
      • County Wayne
      • Originating MLS RealComp
      • Ownership Private
      • Subdivision RIOPELLE FARM SUB OF LOTS 4 THRU 15 (PLATS)
      • Waterfront Y/N No
      • Year Built 19
      • ZONING Commercial,Multi-Family,Professional Office
    • Building Features
      • Exterior Construction Brick
      • Foundation Type Basement
      • FUEL TYPE Natural Gas
      • Heating System Forced Air
      • Roofing Rubber
    • Property Features
      • Water Public Water at Street
      • Lot Size 71.00X130.00
      • Roads Class A
      • Sewer Septic Public At Street


    John Pickell

    John Pickell


    RE/MAX Classic

    Mobile Phone: 248-917-5923


    48207 (Detroit) Demographics

    43 Median Age
    3,250 Population Density (per sq. mile)
    41% College Educated
    $30,908 Estimated Median Income
    2,849 Estimated Total Home Owners
    8,705 Estimated Total Renters
    25% / 75% Estimated Owner / Renter Divide
    2 Estimated Average Household Size
    20,809 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $258,750 Median Sales Price
    6 Homes Sold
    20 New On Market

    Average Days on Site

      Properties for Sale

        Calculations provided by Reliance Network

        Property History

        Date Event Price Percent Change
        -- Current Price Source: Multiple Listing Service New Value: $4,500,000
        9/28/2021 3:20:29 PM Price Increased Source: Multiple Listing Service New Value: $4,500,000 7.14%
        9/9/2021 8:49:54 AM Price Reduced Source: Multiple Listing Service New Value: $4,200,000 -15.83%
        5/26/2021 2:21:00 PM New in Database Source: Multiple Listing Service New Value: $4,990,000

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        Information is provided in part by the IDX program of the MI Realsource Michigan Multiple Listing Service. All information provided is deemed reliable but is not guaranteed and should be independently verified.

        Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.