14522 E Jefferson Ave, Detroit, MI 48215
For Sale
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This exceptional 4,000 square foot mixed-use property, located at 14522 E Jefferson Ave in Detroit, Michigan, presents a compelling redevelopment opportunity. Situated on a 0.13-acre lot in the vibrant Jefferson Chalmers neighborhood, this building boasts a prime location on busy Jefferson Avenue, offering significant potential for a variety of uses. Built in 1924, the two-story structure features 15 parking spaces, a significant advantage in this area. The property is zoned B-4, allowing for diverse commercial applications. With a total of 4,000 square feet, the asking price is $350,000, translating to $87.50 per square foot. The property's unique character and strategic location make it an ideal investment for entrepreneurs and developers seeking a high-impact project. The ample square footage and flexible zoning provide a blank canvas for creative vision. The property's history adds to its charm, while its prime location ensures high visibility and accessibility. The 15 parking spaces offer convenient access for customers and employees. This is a rare opportunity to acquire a substantial property in a rapidly developing area of Detroit. The Assessor's Parcel Number (APN) is 21-000338. This property is ready for its next chapter.
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, MIDetroit. Always verify with local authorities before improvements.
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.