8377 Jefferson Ave Detroit, MI 48209
- Commercial land
- 0.12 lot acres
Current Use by Public Records
- Commercial land
Property Details for 8377 Jefferson Ave
- Lot size
- 0.12 lot acres
- Zone code
- M4
- Property type
- Commercial land
- APN
- 20000052.
- APU
- 20000052
Description
This exceptional 0.7-acre industrial property, located in Detroit's West of Woodward submarket, presents a unique redevelopment opportunity. The site features a 4,920 square foot, two-story building constructed in 1920, currently vacant and available for immediate lease. The building boasts a 10-foot ceiling height and sits on a highly desirable waterfront location with 486 feet of frontage on the Detroit River/Rouge River, offering unparalleled potential for water access and docking. The property is zoned M-4 Industrial, allowing for a wide range of uses. Given its historic character and prime location, this property is ideal for adaptive reuse projects, offering significant potential for investors and developers seeking a unique and strategically positioned asset in a rapidly developing area of Detroit. The existing structure requires substantial rehabilitation or redevelopment, presenting a blank canvas for a visionary project. The substantial river frontage and generous land area provide ample space for expansion or the creation of a truly unique development. Wayne County location provides easy access to major transportation arteries.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Detroit
- County
- Wayne
- State
- Michigan
- Longitude
- -83.1166
- Latitude
- 42.2905
- CBSA code
- 19820
- CBSA name
- DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA
