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    Mixed-Use Property on Jefferson Avenue Title is generated by Realmo AI

    14615 East Jefferson Ave, Detroit, MI 48215

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    6,350 SF mixed-use property on 0.44 acres, seller financing.

    Type:Business for Sale, Mixed Use, Retail
    Property size:
    6,350 SF
    Lot size:
    0.44 Acres
    Price / SF:
    $188/SF
    Added:
    Jul 31, 2025
    Days on Market:
    341
    Last Refresh:
    Mar 17 at 1:21 pm

    Property Features for 14615 East Jefferson Ave

    General Information

    Standard status
    Active
    Size
    6,350 SF
    Lot size
    0.44 Acres
    Property subtype
    Business for Sale, Mixed Use, Retail

    Building Details

    Year Built
    1969

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    Corbin Yaldoo
    Corbin Yaldoo

    Listing office C3 CRE, LLC

    Listing date Jul 31, 2025

    Source Crexi

    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 C3 CRE, LLC

    HighLights

    • Seller financing available
    • Spacious 6,350 SF
    • Situated on 0.44 acres
    • Built in 1969

    Overview

    This mixed-use property offers 6,350 square feet of space on a 0.44-acre lot. Seller financing is available.

    Local Financial Insights For Retail

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $118.1k $18.60
    − Vacancy −$6.4k −$1.00
    EGI $111.7k $17.60
    − OpEx −$33.5k −$5.28
    NOI $78.2k $12.32
    6,350 SF · lease $18.60/SF/yr · vacancy 5.40% · expense 30.00%

    Alternative Uses

    Best Use
    Retail
    $1.12M
    $977.7K – $1.30M (±1% cap)
    NOI $78,212 @ 7.0% cap · market cap 6.52%
    Second Best
    Mixed Use
    $1.08M
    $943.0K – $1.26M (±1% cap)
    NOI $75,438 @ 7.0% cap · market cap 6.29%
    Theoretical Best
    Office A
    $1.40M
    $1.23M – $1.63M (±1% cap)
    NOI $98,058 @ 7.0% cap · market cap 8.17%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Jefferson Car Wash Car Wash

    Suggested Use

    Dental Office HVAC Service Spa & Massage Center Clothing & Fashion Store Daycare Center (Bike/Boat/Book/etc) Store Furniture & Home Goods Nail Salon Parking Lot & Garage Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Detroit
    County
    Wayne
    State
    Michigan
    Longitude
    -82.941688
    Latitude
    42.374312

    FAQs

    What type of property is this?
    Mixed-use property - 6,350 SF mixed-use property on 0.44 acres, seller financing.
    Where is this mixed-use property located?
    The property is located at 14615 East Jefferson Ave Detroit, MI.
    What is the asking price?
    The asking price for this property is $1,200,000.
    What are key features of this property?
    This property features: Seller financing available; Spacious 6,350 SF; Situated on 0.44 acres
    (248) 220-1110 Call to check price and availability
    More about this property
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