For Sale
$350,000

14522 Jefferson Ave Detroit, MI 48215

Detroit Mixed-Use Redevelopment Opportunity

Overview

Added:
Dec 11, 2024
Days on market:
136
This exceptional 4,000 square foot mixed-use property, located at 14522 E Jefferson Ave in Detroit, Michigan, presents a compelling redevelopment opportunity. Situated on a 0.13-acre lot in the vibrant Jefferson Chalmers neighborhood, this building boasts a prime location on busy Jefferson Avenue, offering significant potential for a variety of uses. Built in 1924, the two-story structure features 15 parking spaces, a significant advantage in this area. The property is zoned B-4, allowing for diverse commercial applications. With a total of 4,000 square feet, the asking price is $350,000, translating to $87.50 per square foot. The property's unique character and strategic location make it an ideal investment for entrepreneurs and developers seeking a high-impact project. The ample square footage and flexible zoning provide a blank canvas for creative vision. The property's history adds to its charm, while its prime location ensures high visibility and accessibility. The 15 parking spaces offer convenient access for customers and employees. This is a rare opportunity to acquire a substantial property in a rapidly developing area of Detroit. The Assessor's Parcel Number (APN) is 21-000338. This property is ready for its next chapter.

Highlights

  • 4,000 SF available for sale.
  • B-4 zoning.
  • Redevelopment opportunity on Jefferson Avenue in Jefferson Chalmers.
  • Multiple potential uses.
  • $350,000 sale price ($87.50/SF).

Property Details for 14522 Jefferson Ave

Property type
Retail properties, Mixed-use properties
Square Feet
4,000 SF
Year Built
1924
Buildings
1
Stories
2
Lot Size (sq. ft)
5,663 SF

Location Insight

City
Detroit
County
Wayne
State
Michigan
Latitude
42.3732711
Longitude
-82.9427618

FAQs

What type of property is this?
Retail property - Detroit Mixed-Use Redevelopment Opportunity
Where is the retail property located?
The property is located at 14522 Jefferson Ave Detroit, MI.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: 4,000 SF available for sale.; B-4 zoning.; Redevelopment opportunity on Jefferson Avenue in Jefferson Chalmers.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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14522 Jefferson Ave
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