14318 E Jefferson AVE, Detroit City, MI 48215
14318 E Jefferson AVE, Detroit City, MI 48215
14318 E Jefferson AVE, Detroit City, MI 48215
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$749,900
Est. payment /mo
5 Baths
5,874 SqFt
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Key Details

Property Type Commercial

Sub Type BusinessandRealEstate

Listing Status Active

Purchase Type For Sale

Square Footage 5,874 sqft

Price per Sqft $127

MLS Listing ID 81026028797

Year Built 1924

Lot Size 6,969 Sqft

Acres 0.16

Property Sub-Type BusinessandRealEstate

Property Description

Positioned on one of Detroit's most rapidly appreciating commercial corridors, this mixed-use property sits on the border of prestigious Grosse Pointe. Offering a robust blend of immediate cash flow and substantial value-add potential, this 5,874-square-foot building is set for investor & or occupant, featuring 3 commercial storefronts and two massive upper-level apartments. Commercial Footprint (3 Storefronts )Each retail space is approximately 980 sq. ft. & features its own dedicated, private basement for inventory or storage. Left Unit: Active, established Men's Barber Shop. Right Unit: vibrant Women's Beauty Salon or...you name it...?, steady commercial tenant income. Center Unit: A prime, vacant restaurant space complete with existing commercial kitchen equipment & Table space. Plus Residential Living 2 Spacious Upper Aparts, 2-bedroom, 1-bath 1,425 sq. ft. each, 1-occupied at $1300 per mo. & 1 vacant, *Land contract Available* asking 50% down/make offer

Location

State MI

County Wayne

Area Area05066Detmcclellaneastmacktoshore

Interior

Heating Forced Air, Natural Gas

Fireplace No

Exterior

Utilities Available ElectricityConnected, NaturalGasConnected, PhoneAvailable

View Y/N No

Building

Sewer Public Sewer

Water Public

New Construction No

Schools

School District Detroit

Others

Acceptable Financing Assumable, Cash, Contract, Conventional, Lease, Trade1031Exchange

Listing Terms Assumable, Cash, Contract, Conventional, Lease, Trade1031Exchange


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Realcomp MLS
Listed by John Wallen of Michigan Dream Homes, LLC

NEARBY SCHOOLS & PROPERTIES

Ryan French
Ryan French

Agent | License ID: 6501387571

+1(248) 506-0155 | ryan@ryanfrenchrealty.com

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14318 E Jefferson AVE