Mixed-Use Property in
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14318 E Jefferson Avenue, Detroit, MI 48215
5,874 SF mixed-use property with storefronts and apartments.
Property Size5,874 SF
Price / SF$127.66
Days on Market210
Property Features for 14318 E Jefferson Avenue
General Information
Standard status
Active
Size
5,874 SF
Property subtype
Retail, Office
Building Details
Year Built
1924
Buildings
1
Units
5
Listing Agency:
Community Choice Realty Inc
(248) 755-1124
Listed By:
John Wallen · License #MI 6501288962
Source:
Crexi
Added: Jan 23
Changed: Aug 14
Last Checked: Aug 21 at 4:49AM
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 Community Choice Realty Inc
Investment Insights
Based on property information with market context.
This 5,874 square foot mixed-use property is located on East Jefferson Avenue in Detroit, near Grosse Pointe, and is situated within an Empowerment Zone. The property features three storefronts and two apartments. Each storefront is approximately 980 square feet and includes its own separate basement. The property includes an up-and-running men's barber shop and a women's beauty salon, located on the left and right sides respectively, plus a vacant restaurant in the middle, which still contains equipment. The two apartments are each approximately 1425 square feet and have two bedrooms. The property has separate gas meters and forced air furnaces, as well as separate updated electric meters and circuit breaker panels. There is room for parking in the back and on the street. One apartment is currently rented for $1,300 per month; the other requires finishing touches. The property offers potential for income generation from the storefronts and apartments. There is a possibility of adding parking in the rear.
Key Highlights
- High Income Potential: Existing rental income from apartment and storefronts.
- Prime Location: Situated on East Jefferson, a high‑demand street in Detroit.
- Multiple Income Streams: Features 3 storefronts and 2 spacious apartments.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
587
Businesses Nearby
27k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 95%
Apparel 5%
Dollar Tree
Shops & Services
13,499 visits/mo
0.4 miles
Mobil
Shops & Services
7,058 visits/mo
0.2 miles
O'Reilly Auto Parts
Shops & Services
3,400 visits/mo
0.4 miles
DTLR/VILLA
Apparel
1,272 visits/mo
0.3 miles
Comerica Bank
Shops & Services
1,268 visits/mo
0.4 miles
Demographics for 48215, MI
10,520
Population
6,044
Households
1.7
Avg Household Size
41
Median Age
19%
College-Educated
85%
High-School Grad
3.9 sq mi
ZIP Area
2,697
Density / Sq Mi
$33,741
Median Household Income
$36,728
Median Earnings
$897
Median Rent
$105,400
Median Home Value
Market
Vacancy Rate% for Retail in Detroit, MI
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - 5,874 SF mixed-use property with storefronts and apartments.
Where is this mixed-use property located?
The property is located at 14318 E Jefferson Avenue Detroit, MI.
What is the asking price?
The asking price for this property is $749,900.
What are key features of this property?
This property features: High Income Potential: Existing rental income from apartment and storefronts.; Prime Location: Situated on East Jefferson, a high‑demand street in Detroit.; Multiple Income Streams: Features 3 storefronts and 2 spacious apartments.
