2625-2641 Russell Street — Sale in Detroit, MI

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Industrial Property
  • Location: Detroit, MI 48207
  • Size: 10,060 SF
  • Year built: 1943

Description

Excellent Investment or Redevelopment Opportunity in the Heart of Eastern Market

Market Context

This industrial in Detroit, MI is listed for sale across 10,060 SF. The building dates to 1943. It has been on the market for 191 days. Compare it against other industrial listings for sale in Detroit, MI — view the full market.

As of Q1 2026, the Detroit industrial market showed average asking rents near $5.79/SF/yr, rents up 4.6% year over year, and cap rates around 6.5%. Source: multiple brokerage reports, Q1 2026.

Rising rents point to a competitive market where well-priced, well-located assets trade quickly.

Industrial market FAQ

What is the typical cap rate for industrial in Detroit?
About 6.5% as of Q1 2026, per multiple brokerage reports.

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