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Detroit Restaurant/Retail Opportunity
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Pending

2701 E Jefferson Ave, Detroit, MI 48207

4,807 SF restaurant/retail building in a densely populated area.

Property Size4,807 SF
Days on Market149

Property Features for 2701 E Jefferson Ave

General Information

Standard status Pending
Size 4,807 SF
Total Parking Spaces 66
Property subtype Retail
Zoning B4
Investment Type Owner/User

Building Details

Year Built 1915
Buildings 1
Stories 1
Units 1
Tenancy Single
Listing Agency: Exclusive Realty
Listed By: Steve Sagmani · License #MI 6502426558
Source: Crexi
Added: Mar 26 Changed: Aug 13 Last Checked: Aug 20 at 5:35PM

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 Exclusive Realty

Investment Insights

Based on property information with market context.

This 4,807 SF building, formerly occupied by Detroit Pancake House, is located in Detroit, Michigan. The property is situated in a densely populated area, offering a lucrative location for a restaurant or retail business. Its location provides close proximity to Detroit’s major venues, including Comerica Park, Little Caesars Arena, Ford Field, and the Dequindre Cut. The property offers a prime location and excellent visibility for retail or restaurant endeavors. This single-unit building provides a versatile space with character and potential, presenting an opportunity to establish a thriving retail or dining establishment in a historic and sought-after area of Detroit.

Key Highlights

  • Prime location in Detroit with excellent visibility
  • 4,807 SF building suitable for restaurant or retail
  • Located in a densely populated area

Property Analytics

Current Use

Detroit House of Pancakes Restaurant

Suggested Use

Top Pick Dental Office Kitchen & Bath Showroom Daycare Center HVAC Service Electrical Service Hair Salon

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

Location Intelligence

Trade Area within ½ mile

977
Businesses Nearby
85k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 65% Groceries 14% Dining 7% Hotels & Casinos 5%
BP Shops & Services
16,443 visits/mo 0.1 miles
Dollar Tree Shops & Services
14,548 visits/mo 0.1 miles
Gordon Food Service Groceries
11,680 visits/mo 0.1 miles
7-Eleven Shops & Services
10,036 visits/mo 0.0 miles
Chase Bank Shops & Services
4,514 visits/mo 0.4 miles

Demographics for 48207, MI

21,704
Population
13,026
Households
1.7
Avg Household Size
42
Median Age
35%
College-Educated
88%
High-School Grad
6.3 sq mi
ZIP Area
3,445
Density / Sq Mi
$44,561
Median Household Income
$43,377
Median Earnings
$1,040
Median Rent
$193,800
Median Home Value

Market

Vacancy Rate% for Retail in Detroit, MI

7.5% 2019
9.2% 2020
8.5% 2021
7.3% 2022
7.9% 2023
7% 2024
7% 2025
Rey
Questions? Ask Rey
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Similar Off Market Nearby

  • Sassy J’s Cuisine & Desserts 2201 Prince Hall Dr, Detroit, MI 48207
  • 3242 E. Jefferson Ave. Detroit, MI 48207 3242 E Jefferson Ave, Detroit, MI 48207
  • Millenium Catering 227 Iron St #133, Detroit, MI 48207
  • Detroit's Original Seafood Truck 2670 atwater st, detroit, mi 48207

Frequently Asked Questions

What type of property is this?
Restaurant - 4,807 SF restaurant/retail building in a densely populated area.
Where is this restaurant located?
The property is located at 2701 E Jefferson Ave Detroit, MI.
What are key features of this property?
This property features: Prime location in Detroit with excellent visibility; 4,807 SF building suitable for restaurant or retail; Located in a densely populated area
(248) 833-6601 Call to check price and availability
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