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Property profile & analytics
OFF-MARKET
Retail space

4060 Jefferson Ave Ecorse, MI 48229-1749

1,800 SF 0.07 ac lot Built 1929
Entity Owned 1-yr Hold Absentee Owner Free & Clear
Property ID
US43-5279741
Property summary
AI-generated overview

This exceptional Ecorse, MI investment opportunity presents two adjoining commercial properties totaling 1,800 square feet on a 0.07-acre lot, offered at an attractive price of $60,000. The property features one fully finished commercial space, ready for immediate occupancy and adaptable to a variety of business uses. The adjacent building is a blank canvas, providing significant potential for customization and expansion to suit specific business needs. While some cosmetic improvements are recommended, this presents a unique chance to acquire a dual-purpose property at a highly competitive price point. The seller is highly motivated, encouraging immediate consideration of offers. The property's location in Ecorse offers convenient access to major transportation routes and a growing business community. This is an ideal opportunity for an investor or business owner seeking a versatile and cost-effective property with significant upside potential. Please note that a $495 transaction fee is due at closing from all buyers. This fee is in addition to the purchase price. The property is being sold "as is." Serious inquiries only. All offers will be reviewed promptly.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1929
Total area 1,800 SF
Lot 0.07 ac (3,049 SF)
APN 34-006-07-0008-000
UPID US43-5279741
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
City Of Ecorse · 1 yrs held
City Of Ecorse
since 2025
Last sale
$50,000
7 recorded transactions
2025
$50,000
2014
Price N/A
2014
$25,000
2005
$31,000
2005
$30,000
2005
$20,000
2005
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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