14313 Jefferson Ave Detroit, MI 48215-2931
This exceptional 3,500 square foot retail property, located at 14313 E. Jefferson Ave in Detroit, Michigan, presents a compelling investment opportunity. Situated in the up-and-coming Jefferson Chalmers neighborhood, this stand-alone building is zoned B-4, offering significant redevelopment potential. The asking price is $150,000, translating to a price per square foot of $42.86. The property's prime location along Jefferson Avenue provides excellent visibility and accessibility. Its substantial size allows for a variety of commercial uses, making it ideal for entrepreneurs and investors seeking a high-impact venture. The building's existing structure provides a solid foundation for a complete renovation or adaptive reuse, catering to a range of business needs. With its strategic location and flexible zoning, this property offers a unique chance to capitalize on the revitalization of the Jefferson Chalmers area. The property is located in Wayne County, Michigan, with a zip code of 48215. This is a rare opportunity to acquire a substantial retail space in a rapidly developing Detroit neighborhood. The property's size and zoning provide considerable flexibility for future development and adaptation to meet the demands of a growing market. Don't miss this chance to own a piece of Detroit's vibrant commercial landscape.
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Christiphor Capital Management Inc Financial Advisor
), eff. 5-28-2005) Sec. 50-7-3. - Business Districts. Business districts within the City are as follows: (1) B1 Restricted Business District. (2) B2 Local Business and Residential District. (3) B3 Shopping District. (4) B4 General Business District. (5) B5 Major Business District. (6) B6 General Services District. (Code 1984, § 61-7-3; Ord. No. 11-05, § 1(61…
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2020Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
B4 · Detroit, MI), eff. 5-28-2005) Sec. 50-7-3. - Business Districts. Business districts within the City are as follows: (1) B1 Restricted Business District. (2) B2 Local Business and Residential District. (3) B3 Shopping District. (4) B4 General Business District. (5) B5 Major Business District. (6) B6 General Services District. (Code 1984, § 61-7-3; Ord. No. 11-05, § 1(61-7-3), eff. 5-28-2005) Sec. 50-7-4. - Industrial Districts. Industrial districts w
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.