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    2751 E Jefferson Ave Detroit, MI 48207

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    For Sale
    $10,995,000

    Redevelop historic 5-story office into condos or adaptive office space.

    Lot size:
    0.37 Acres

    Property Features for 2751 E Jefferson Ave

    General Information

    Lot size
    0.37 Acres

    Source: @properties Detroit Agent Adam W Soroka

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Historic Office Redevelopment Opportunity

    This 5-story office building presents an opportunity for redevelopment in the Central Business District. The existing structure, spanning floors 2 through 5, could be adapted for office use or converted into for-sale condominiums. The current layout allows for up to 48 units of approximately 1,000 sq ft each, but these can be reconfigured based on architectural plans. A new rooftop level could be added to create space for 4 additional condos of around 2,000 sq ft each, featuring large windows, terraces, and views of the river and downtown. High-end amenities such as a gym and lobby are planned to create a welcoming environment for residents. The first floor could also include rentable meeting rooms and a coffee shop. The property is located directly on the Dennis Archer Greenway.
    Insight Report Location Intelligence

    Current Use by Public Records

    Dr. Shana C. ... Psychiatrist Gene A. Harris, PhD Doctor Dr. Benjamin B. ... Psychiatrist Dr. Salud P. ... Doctor Jesse W. Bell, ... Doctor

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Detroit
    County
    Wayne
    State
    Michigan
    Longitude
    -83.02032
    Latitude
    42.339703

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    FAQs

    What type of property is this?
    Office building - Redevelop historic 5-story office into condos or adaptive office space.
    Where is this office building located?
    The property is located at 2751 E Jefferson Ave Detroit, MI.
    What is the asking price?
    The asking price for this property is $10,995,000.
    What are key features of this property?
    This property features: - Redevelopment opportunity in the Central Business District for office or condominium conversion.; - Potential for up to 48 residential units (1,000 sq ft each) on floors 2-5, with flexible reconfiguration options.; - Opportunity to add a rooftop level with 4 condos (approximately 2,000 sq ft each) featuring river and downtown views.
    (313) 410-8445
    Request Owner's contact information
    2751 E Jefferson Ave Detroit, MI 48207
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    Detroit, MI 48207
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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
    2751 E Jefferson Ave Detroit, MI 48207
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