For Sale
1482 Adelaide Street, Detroit, MI 48207
$3,200,000
MLS # 20251037969 (Realcomp)
37,504 sqftBuilt 19270.12 acres
1 / 5
Listing Description
This seven-story, 37,504-square-foot warehouse in the heart of Eastern Market is the perfect property for an adaptive reuse conversion for either creative office space or residential lofts. The current owner has maintained the property and it is development-ready. The open floor plan and high ceilings make this an ideal blank canvas for developers or users looking to be within one block of Detroit’s historic open-air market. 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.
Source: SparkMLS
About this home
This 37,504 sq ft home built in 1927 sits in Middle East Central in Detroit.
Listed at $3,200,000 (about $85/sq ft).
Estimated annual property tax: $44,643, or about $3,720 monthly. Estimate is based on county assessor records and current millage rates; actual tax may vary with PRE status and recent assessment changes.
Electric service is provided by DTE Electric Company; natural gas by DTE Gas Company. Broadband is available with download speeds up to 2,000 Mbps from 8 providers.
Listing Property Details
Property TypeCommercial Sale
Bathrooms0
Living Area37,504 sqft
Lot Size0.12 acres
Year Built1927
Location
CityDetroit
Zip Code48207
CountyWayne
School DistrictDetroit
Construction & Systems
ConstructionBrick
BasementBasement
WaterPublic
Sale & Financing
Listed9/17/2025
Source: SparkMLS
Tax Information
Annual Tax$41,911
Tax Year2025
State Equalized Value$543,200
Assessed Value$543,200
Parcel #07000835.
Source: Public Records
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Not Eligible
Verify eligibility at USDAListed by Vincent Mazzola
O'Connor Realty Detroit, LLC
Frequently Asked Questions about 1482 Adelaide Street, Detroit, MI 48207
Which school district serves 1482 Adelaide Street, Detroit, MI 48207?
Per MLS# 20251037969, 1482 Adelaide Street, Detroit, MI 48207 is in the Detroit boundaries. School district assignments are determined by property location and may differ from the mailing city. Contact Detroit directly to confirm enrollment eligibility.
What are the property taxes at 1482 Adelaide Street, Detroit, MI 48207?
Per public tax records, annual property taxes for this property are $70,691. Michigan property taxes are based on a property's taxable value multiplied by the local millage rate. Primary residences qualify for a homestead exemption that lowers the rate.
Can I use a USDA Rural Development loan for this property?
Per USDA Rural Development boundary data, 1482 Adelaide Street, Detroit, MI 48207 is not in an eligible area. USDA eligibility is based on property location — properties within designated urban zones are excluded. Other low-down-payment options (FHA, VA) may still be available.
Is 1482 Adelaide Street, Detroit, MI 48207 in a flood zone?
Per FEMA flood maps, this property is designated as Zone X, a minimal-risk flood area. Flood insurance is not typically required in this zone but may still be advisable. FEMA flood maps are updated periodically — verify the current designation at msc.fema.gov.
What internet service is available at this address?
Per FCC Broadband Data Collection filings, fiber internet is not currently available at 1482 Adelaide Street, Detroit, MI 48207. The maximum advertised download speed is 2.0 Gbps. 8 internet providers serve this address. Confirm availability and speeds directly with providers.
What utilities serve 1482 Adelaide Street, Detroit, MI 48207?
Per Michigan Public Service Commission service territory data: Electric: DTE Electric Company. Gas: DTE Gas Company. Water: Public. Confirm service details directly with providers.
What is the crime rate in this area?
For crime and public safety data, we recommend inquiring directly with the source. Wayne County is served by CLEMIS (Courts and Law Enforcement Management Information System), which provides public safety data for Southeast Michigan law enforcement agencies.
Map
Tax Estimate
$
Annual tax$44,643
Monthly$3,720
Millage rate82.1844 mills
Municipality: Detroit
School district: DETROIT CITY SCHOOL DISTRICT
County: Wayne
Estimate based on SEV for a new buyer (taxable value resets to SEV on transfer). Actual taxes may vary. MI Treasury PT Estimator
Mortgage Calculator
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%
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Monthly payment$24,475
Principal & interest$20,755
Property taxes$3,720
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
Internet
Download
2 Gbps
Upload
250 Mbps
CableLicensed Fixed WirelessGSO SatelliteSatelliteDSL
8 providers at this address
FCC Broadband Data Collection (Dec 2025). Max advertised speeds.
Utilities
DTE Electric Company
Investor-Owned
DTE Gas Company
Investor-Owned
MI Public Service Commission service territory boundaries.
Property
1482 Adelaide Street, Detroit, MI 48207
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Neighborhood
Middle East Central
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Community
Detroit
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County
Wayne County
View county overview →
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