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    2211 Jefferson Ave Detroit, MI 48207

    For Sale
    $3,900,000

    Prime Detroit Office, River Views, $3.9M

    Property size:
    80,289 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    361
    This exceptional six-story executive office building, located at 2211 E Jefferson Avenue in Detroit, Michigan, presents a compelling investment opportunity. Boasting 80,289 square feet of space, this property offers stunning Detroit Riverfront views and is priced at $3,900,000 ($48.57/sq ft). Built in 1969 and renovated in 1981, the building sits on a 1.57-acre lot and includes 129 parking spaces, combining surface lot and parking deck. The property features convenient amenities for tenants, including a commercial cafeteria, auditorium, and fitness center. An additional 11,667 square feet of basement space provides ample storage or expansion potential. The building is zoned for commercial use and benefits from its location in an Opportunity Zone, making it ideal for redevelopment. Its proximity to the Central Business District and the new Meijer's Rivertown Market adds to its appeal. The property's APN is 09-00011-224. This single-tenancy building offers a unique chance to acquire a substantial, well-located commercial property in a thriving area of Detroit.

    Property Features for 2211 Jefferson Ave

    General Information

    Property type
    Office Properties & Spaces
    Square Feet
    80,289 SF
    Lot Size
    68,389 SF

    Building Details

    Year Built/Renovated
    1969/1981
    Stories
    6
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Sachs Waldman PC Law Firm Mike Morse Injury ... Law Firm Seiu Local 1 Labor Union UAW Chrysler National ... Labor Union

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Detroit
    County
    Wayne
    State
    Michigan
    Longitude
    -83.02287265
    Latitude
    42.33806665

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    FAQs

    What type of property is this?
    Office Property / Space - Prime Detroit Office, River Views, $3.9M
    Where is this office property / space located?
    The property is located at 2211 Jefferson Ave Detroit, MI.
    What is the asking price?
    The asking price for this property is $3,900,000.
    Request Owner's contact information
    2211 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
    2211 Jefferson Ave Detroit, MI 48207
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