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    8415 W Jefferson Ave Detroit, MI 48209

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    For Lease
    $2,500 /Mo ($6 SF/Yr)

    Historic bar with rich history available for rebuilding.

    Property size:
    4,920 SF
    Lot size:
    0.70 Acres

    Property Features for 8415 W Jefferson Ave

    General Information

    Size
    4,920 SF
    Lot size
    0.70 Acres

    Source: Signature Associates Agent Joe Stack

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

    Overview

    Historic Bar Ready to Rebuild

    This property, suitable for bars, restaurants, and retail purposes, offers 4920 square feet of space. The property is a historic bar with a rich history that requires rebuilding.
    Insight Report Location Intelligence

    Current Use by Public Records

    Indian Village Marketplace Grocery Store ATM Atm INDIAN VILLAGE PHARMACY Pharmacy Imad Aoun Pharmacy Coinstar Money Transfer Service

    Suggested Use

    Restaurant Law Firm Building Supply Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Nail Salon Gym & Fitness Auto Parts Store

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

    Similar Places Nearby

    Shaun's Party Store, Kim's Party Store

    Location Insight

    • Map
    • Local Demand
    City
    Detroit
    County
    Wayne
    State
    Michigan
    Longitude
    -83.117048
    Latitude
    42.290466

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    FAQs

    What type of property is this?
    Bar - Historic bar with rich history available for rebuilding.
    Where is this bar located?
    The property is located at 8415 W Jefferson Ave Detroit, MI.
    What is the lease rate?
    The lease rate is $6 SF/Yr.
    What are key features of this property?
    This property features: - Historic bar with rich history; - Property needs to be rebuilt
    (248) 359-0615
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    8415 W Jefferson Ave Detroit, MI 48209
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    Detroit, MI 48209
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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
    8415 W Jefferson Ave Detroit, MI 48209
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