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Historic Mixed-Use Building
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547 W Jefferson Ave, Detroit, MI 48226

Three-level property supports commercial space below and two residential units above.

Property SizeContact for details
Days on Market142

Property Features for 547 W Jefferson Ave

General Information

Standard status Active
Property subtype Retail, Mixed Use

Building Details

Buildings 1
Listing Agency: CRS, Commercial Real Estate Services
Listed By: Leo Gonzalez · License #MI 6502126741
Source: Crexi
Added: Apr 11 Changed: Aug 30 Last Checked: Aug 30 at 5:10AM

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.

Located at 547 W Jefferson Ave in Detroit, this notable historical building offers a three-level mixed-use configuration. The proposed plan places commercial space on the first floor, with two residential units distributed across the second and third floors.

The property is positioned on Jefferson Avenue, identified in the source information as a principal downtown Detroit street. Nearby corporate names cited include General Motors, Blue Cross Blue Shield, and Deloitte. Its layout supports a combination of street-level commercial use and residential space within the same building.

Key Highlights

  • Historical building on Jefferson Avenue in Detroit
  • Proposed commercial space on the first floor
  • Two residential units planned across the second and third floors

Property Analytics

Current Use

Storefront properties

Suggested Use

Top Pick Auto Parts Store Kitchen & Bath Showroom HVAC Service Electrical Service Building Supply Furniture & Home Goods

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

4,347
Businesses Nearby
77k
Monthly Visits Nearby

Foot Traffic Nearby

Groceries 53% Shops & Services 29% Hotels & Casinos 18%
Meijer Groceries
41,201 visits/mo 0.3 miles
Speedway Shops & Services
17,648 visits/mo 0.1 miles
Hilton Garden Inn Detroit Downtown Hotels & Casinos
13,735 visits/mo 0.5 miles
7-Eleven Shops & Services
4,881 visits/mo 0.3 miles

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 Retail in Detroit, MI

7.5% 2019
9.2% 2020
8.5% 2021
7.3% 2022
7.9% 2023
7% 2024
7% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Three-level property supports commercial space below and two residential units above.
Where is this mixed-use property located?
The property is located at 547 W Jefferson Ave Detroit, MI.
What are key features of this property?
This property features: Historical building on Jefferson Avenue in Detroit; Proposed commercial space on the first floor; Two residential units planned across the second and third floors
More about this property
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