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Freestanding Building with Private Parking
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557 W Jefferson Ave, Detroit, MI 48226

Two-building mixed-use property offering private parking and space that can be configured for residential lofts and first-floor uses.

Property Size10,900 SF
Days on Market132

Property Features for 557 W Jefferson Ave

General Information

Standard status Active
Size 10,900 SF
Property subtype Retail

Additional Details

Road Access Yes

Amenities

private parking
Listing Agency: CRS, Commercial Real Estate Services
Listed By: Leo Gonzalez · License #MI 6502126741
Source: Crexi
Added: Apr 12 Changed: Aug 14 Last Checked: Aug 14 at 8:05AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of CRS, Commercial Real Estate Services

Investment Insights

Based on property information with market context.

The property consists of two buildings sold together, including a two-story 8,500 SF building (4,250 SF per floor) and a separate 2,400 SF building (1,200 SF each). The offering also includes private parking.

Located on Jefferson Avenue, described as the main street to downtown Detroit, the area is noted for major companies including General Motors, Blue Cross Blue Shield, and Deloitte. Jefferson Avenue is positioned near downtown Detroit employment and services, with the remarks highlighting ongoing growth in retail, housing, and corporate activity.

According to the available information, the building can support residential lofts on the second floor, with the first floor configured for restaurant/retail/office uses. This live-work potential aligns with the stated concept of live, work and play on Jefferson Avenue.

Key Highlights

  • Two‑building mixed‑use property with private parking
  • 8,500 SF 2‑story building (4,250 SF on each floor)
  • 2,400 SF building (1,200 SF each)

Property Analytics

Current Use

Live-work space

Suggested Use

Top Pick Kitchen & Bath Showroom Auto Parts Store Electrical Service HVAC Service Building Supply Veterinary Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

4,347
Businesses Nearby

Demographics for 48226, MI

6,307
Population
5,160
Households
1.2
Avg Household Size
37
Median Age
53%
College-Educated
93%
High-School Grad
1.2 sq mi
ZIP Area
5,256
Density / Sq Mi
$69,813
Median Household Income
$60,957
Median Earnings
$1,714
Median Rent
$307,700
Median Home Value

Market

Vacancy Rate% for Office in Detroit, MI

11.9% 2019
13.9% 2020
15.2% 2021
17.9% 2022
20.3% 2023
22% 2024
19.5% 2025
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Frequently Asked Questions

What type of property is this?
Live-work space - Two-building mixed-use property offering private parking and space that can be configured for residential lofts and first-floor uses.
Where is this live-work space located?
The property is located at 557 W Jefferson Ave Detroit, MI.
What are key features of this property?
This property features: Two‑building mixed‑use property with private parking; 8,500 SF 2‑story building (4,250 SF on each floor); 2,400 SF building (1,200 SF each)
More about this property
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