1001 Jefferson Ave Detroit, MI 48207
- Commercial real estate
Current Use by Public Records
- The Palms Apartments / Apartment Building
- The Palms / Apartment Building
- Riverfront Tower Condos / Condominium Complex
- Financial Successue / Financial Planner
- Trial Strategy Research, LLC / Graphic Designer
Property Details for 1001 Jefferson Ave
- Property type
- Commercial real estate
- APN
- 23032200.37F
- APU
- 2303220037F
Description
This exceptional retail space, located at 1001 E Jefferson Ave in Detroit, Michigan, presents a unique investment opportunity. The property, known as The Palms Apartments, boasts a total of 2,275 square feet, currently entirely vacant and ready for immediate occupancy. Situated on Jefferson Avenue and near Rivard, this single-tenant building offers unparalleled visibility and accessibility. Built in 1910 and extensively renovated in 2024, the property is in excellent condition and features a modern interior. The building comprises six stories and includes 25 parking spaces, a significant advantage in a bustling urban environment. The property's Wayne County location, with APN 05-000077, provides easy access to major transportation routes and a vibrant urban core. The 2,275 square feet of retail space offers a blank canvas for a variety of businesses, allowing for customization to meet specific needs. This is a rare chance to secure a fully renovated, high-visibility retail space in a prime Detroit location. The property is ready for immediate lease. Don't miss this opportunity to establish your business in a thriving area.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Detroit
- County
- Wayne
- State
- Michigan
- Longitude
- -83.0351
- Latitude
- 42.333
- CBSA code
- 19820
- CBSA name
- DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA
