3888 Jefferson Ave Ecorse, MI 48229-1739
This distressed commercial property presents a unique investment opportunity in Ecorse, Michigan. Located at 3888 W Jefferson, this single-story, 2,000 square foot Class B office building is currently vacant and ready for immediate renovation. The property sits on a lot with a permitted commercial zoning designation, offering flexibility for a variety of uses. The building features two loading docks, a significant advantage for businesses requiring loading and unloading capabilities. Priced at $65,000, this represents a compelling value for an investor seeking a fixer-upper with high potential. The building's all-brick construction suggests durability, while the vacant status allows for complete customization to suit a new tenant's specific needs. The central Ecorse location ensures high visibility and convenient access for customers and employees. A land contract may be possible, offering flexible financing options for qualified buyers. This property is ideal for entrepreneurs seeking a cost-effective space to establish their business or for investors looking for a potentially high-return project. The property's size and features make it suitable for a range of commercial uses, including retail, office space, or a workshop. Serious inquiries are encouraged to explore this promising investment opportunity.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
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
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.