8735 Jefferson Ave Detroit, MI 48214-2810

This exceptional Detroit investment opportunity presents a unique blend of history and potential. The property, encompassing three interconnected buildings totaling over 105,000 square feet of above-ground space, plus full basements, sits on a 3.45-acre lot with 365 feet of prime Jefferson Avenue frontage. Directly across from Erma Henderson Memorial Park, it boasts unobstructed views of the Detroit International Waterfront. The complex includes a historic 1928 building featuring remarkable original details such as an in-ground pool, gymnasium, saunas, exercise room, library, elevator, and a grand foyer with ornate woodwork and Pewabic tile. A 1980 addition offers a traditional office layout with a central core, perimeter offices, and adaptable floor plates suitable for multiple tenants. A more recent two-story building also includes an elevator and full basement. The property includes a fenced parking lot with 260 spaces and a guardhouse. The asking price represents a substantial discount to replacement cost, making this a compelling value-add opportunity for discerning investors. Interior photos are for historical reference only and do not reflect current conditions. The property's size, location, and unique features offer significant upside potential. This is a rare chance to acquire a landmark Detroit property with substantial redevelopment possibilities.