Eastern Market Historic Retail & Restaurant Center
2462–2472 Riopelle St
Eastern Market, MI 48207
Highlights
- Historic character with prime frontage on Riopelle Street
- Solid construction dating back to 1924
- Full renovation in 2010, roof replaced, utilities updated, buildouts updated, etc.
- Located in an Opportunity Zone
- Minutes from Downtown and Midtown Detroit
- Over 3,000 SF of roof space for a terrace with views to the city.
- Strong pedestrian exposure with over 2M+ annual visitors to Eastern Market
- Flexible interior layouts for multiple tenants
- Well-maintained building systems supporting retail use
- Functional basements under each suite for excess storage
- Contiguous to the new Marrow in the Market high end meat market/restaurant
Description
2462–2472 Riopelle Street presents a 17,000-square-foot Class B retail building in the heart of Detroit's Eastern Market
— the largest historic public market district in the United States, drawing 2 million+ visitors annually and up to 40,000
pedestrians on a single peak Saturday.
Built in 1924 and renovated in 2010, the property is anchored by Detroit City Distillery, Henry the Hatter, and Midnight
Temple Indian Gastropub, with a 1,250 SF executive suite and 3,000 SF rooftop terrace as value-add upside — all within
a federally designated Qualified Opportunity Zone. The tenants are on short-term leases, allowing an investor to fully
reposition the property within 1-2 years. The upper level is available for immediate repositioning within 60 days.
With Flower Day drawing 300,000+ visitors each May, Eastern Market After Dark pulling 33,000+ each fall, and 500+
independent vendors and merchants operating district-wide year-round, the surrounding foot traffic is unmatched
anywhere in Detroit.
Eastern Market, Detroit — America's Most Vibrant Urban Market District
At 43 acres, Eastern Market is the largest historic public market district in the United States, drawing more than 2 million visitors annually and up to 40,000 in a single peak Saturday. The six-block public market has nourished Detroit since 1891, with 150+ vendors in the central sheds and 500+ independent merchants across the broader district selling everything from fresh produce and specialty foods to art, and operatingyear-round on Saturdays with seasonal Tuesday and Sunday markets.
The event calendar is unmatched. Flower Day each May draws 300,000+ attendees. Murals in the Market delivers internationally recognized streetart each September. Eastern Market After Dark — part of Detroit Month of Design — pulls 33,000+ to a district-wide night market of galleries, retail activations, and live music.
Eastern Market isn't just a destination. It's the most reliably foot-trafficked neighborhood in Detroit — a place where Saturdays feel like a civic holiday, and where the surrounding district captures that overflow 365 days a year.
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