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    4060 Jefferson Ave Ecorse, MI 48229

    Sponsored
    For Sale
    $60,000

    Two buildings, one price: prime Ecorse location.

    Property size:
    1,800 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    338
    This exceptional Ecorse, MI investment opportunity presents two adjoining commercial properties totaling 1,800 square feet on a 0.07-acre lot, offered at an attractive price of $60,000. The property features one fully finished commercial space, ready for immediate occupancy and adaptable to a variety of business uses. The adjacent building is a blank canvas, providing significant potential for customization and expansion to suit specific business needs. While some cosmetic improvements are recommended, this presents a unique chance to acquire a dual-purpose property at a highly competitive price point. The seller is highly motivated, encouraging immediate consideration of offers. The property's location in Ecorse offers convenient access to major transportation routes and a growing business community. This is an ideal opportunity for an investor or business owner seeking a versatile and cost-effective property with significant upside potential. Please note that a $495 transaction fee is due at closing from all buyers. This fee is in addition to the purchase price. The property is being sold "as is." Serious inquiries only. All offers will be reviewed promptly.

    Property Features for 4060 Jefferson Ave

    General Information

    Property type
    Industrial properties
    Square Feet
    1,800 SF
    Lot Size
    3,049 SF

    Building Details

    Year Built
    1919
    Property Profile Location Intelligence

    Current Use by Public Records

    Industrial properties

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Ecorse
    County
    Wayne
    State
    Michigan
    Longitude
    -83.14148
    Latitude
    42.25107

    Nearby Comparable

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      Ecorse Industrial Building - Huge Potential

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      Ecorse Industrial Building - $299,900

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    FAQs

    What type of property is this?
    Industrial property - Two buildings, one price: prime Ecorse location.
    Where is this industrial property located?
    The property is located at 4060 Jefferson Ave Ecorse, MI.
    What is the asking price?
    The asking price for this property is $60,000.
    (313) 766-4000
    Request Owner's contact information
    4060 Jefferson Ave Ecorse, MI 48229
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    Ecorse, MI 48229
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    4060 Jefferson Ave Ecorse, MI 48229
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