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    14326-14332 Jefferson Ave Detroit, MI 48215

    For Sale
    $300,000

    Prime Detroit Retail Space: 2,926 SF, $300K

    Property size:
    2,926 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional storefront opportunity, located at 14326-14332 E. Jefferson Ave in Detroit, Michigan, presents a compelling investment prospect. The property boasts a substantial 2,926 square feet of retail space, ideally suited for a variety of commercial ventures. Priced at $300,000, this translates to a competitive price per square foot of $102.53. The property is zoned B-4, offering flexibility for diverse business uses. Situated in the burgeoning Jefferson Chalmers area, this location benefits from a dynamic and evolving neighborhood. A key advantage is the inclusion of an adjacent lot, ripe for redevelopment, presenting significant potential for expansion or complementary development. This presents a rare chance to acquire a substantial retail space in a revitalizing Detroit neighborhood, offering both immediate occupancy and long-term growth potential. The property's address is 14326-14332 E. Jefferson Ave, Detroit, MI 48215, within Wayne County. This is a turnkey opportunity for savvy investors seeking a strong return on investment in a rapidly improving area. The property's size and zoning make it a highly attractive proposition for entrepreneurs and established businesses alike.

    Property Features for 14326-14332 Jefferson Ave

    General Information

    Property type
    Individual retail properties
    Square Feet
    2,926 SF

    HighLights

    • 2,926 SF Available for Sale
    • B‑4 Zoning
    • Redevelopment Opportunity: Building & Adjacent Lot in Jefferson Chalmers
    • $300,000 Asking Price ($102.53/SF)
    Property Profile Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Detroit
    County
    Wayne
    State
    Michigan
    Longitude
    -82.9450125
    Latitude
    42.3724218

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    FAQs

    What type of property is this?
    Individual retail property - Prime Detroit Retail Space: 2,926 SF, $300K
    Where is this individual retail property located?
    The property is located at 14326-14332 Jefferson Ave Detroit, MI.
    What is the asking price?
    The asking price for this property is $300,000.
    What are key features of this property?
    This property features: 2,926 SF Available for Sale; B-4 Zoning; Redevelopment Opportunity: Building & Adjacent Lot in Jefferson Chalmers
    Request Owner's contact information
    14326-14332 Jefferson Ave Detroit, MI 48215
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    Detroit, MI 48215
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    14326-14332 Jefferson Ave Detroit, MI 48215
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