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    3151-3177 Jefferson Ave Detroit, MI 48207

    Sponsored
    For Lease
    $29 SF/Yr

    Prime Detroit retail space, 9,732 sq ft, ample parking.

    Lot size:
    9,732 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    Rivertown Plaza, located at 3151-3177 E Jefferson Avenue in Detroit, Michigan, presents a unique opportunity for a single-tenant commercial lease. This property boasts a total of 9,732 square feet, with 1,270 square feet currently available. Built in 1998, the building sits on a sizable 9.2-acre lot, offering excellent visibility and accessibility. The property features convenient access via E Jefferson Avenue and Larned Street. Ample parking is provided with 71 spaces available for customers and employees. The property's Wayne County APN is W131000139C43, and the zip code is 48207. This retail space is ideal for a business seeking a prominent location in a vibrant Detroit neighborhood. The single-tenant occupancy allows for complete customization and control over the space. The property's size and parking capacity make it suitable for a variety of retail uses. This is a rare opportunity to secure a well-located, established commercial space in a growing area of Detroit. Interested parties should inquire promptly to learn more about this exceptional leasing opportunity.

    Property Features for 3151-3177 Jefferson Ave

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    9,732 SF
    Total Rate
    23519

    Building Details

    Year Built
    1998

    Unit(s) available at that property

    Space
    Size
    1,270 SF
    Rate per SF
    $29

    HighLights

    • 1,270 SF of retail space available in Rivertown Plaza.
    • $29.00/SF gross rent plus utilities.
    • Join established tenants T‑Mobile, Pizza Papalis, and Detroit Mailbox.
    • 71 parking spaces with convenient pull‑up parking.
    • Monument signage opportunity on high‑traffic E Jefferson Avenue.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Food Market Grocery Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Detroit
    County
    Wayne
    State
    Michigan
    Longitude
    -83.016877
    Latitude
    42.3409947

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    FAQs

    What type of property is this?
    Retail property - Prime Detroit retail space, 9,732 sq ft, ample parking.
    Where is this retail property located?
    The property is located at 3151-3177 Jefferson Ave Detroit, MI.
    What is the lease rate?
    The lease rate is $29 SF/Yr.
    What are key features of this property?
    This property features: 1,270 SF of retail space available in Rivertown Plaza.; $29.00/SF gross rent plus utilities.; Join established tenants T-Mobile, Pizza Papalis, and Detroit Mailbox.
    Request Owner's contact information
    3151-3177 Jefferson Ave Detroit, MI 48207
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    Detroit, MI 48207
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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
    3151-3177 Jefferson Ave Detroit, MI 48207
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