2751 E JEFFERSON Avenue Detroit, MI $ 10,995,000
2751 E JEFFERSON Avenue
$ 10,995,000
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2751 E JEFFERSON Avenue

Detroit, MI, 48207
$ 10,995,000
Baths0.0 Sq 81,451

Monthly Estimate*

$ 76,803

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Studio

Commercial Property for sale in Detroit, MI

for $10,995,000. This 81,451 square foot building was built on a lot size of 0.37.

An exciting opportunity to redevelop a historic office building in the Central Business District! This 5 story building could be an adaptive office conversion or converted to for-sale condominiums. The existing structure (floors 2 - 5) could house up to 48 units, each 1,000 sq ft, although these can be reconfigured into smaller or larger units depending on final architectural plans. The creation of a brand new rooftop level would add additional usable sq ft. It would allow room for 4 new condos, each around 2,000 sq ft with large windows and terraces, this level will have commanding river and downtown views. The inclusion of high end amenities, gym, and lobby will create a welcoming space for residents. The addition of rentable meeting rooms and a coffee shop will round out the first floor of the building. This 5-story office building is located directly on the newly-named Dennis Archer Greenway.

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Commercial Active

Price

$ 10,995,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 59,328

Style

Commercial/Industrial

Lot Size

0.37

Town/City

Detroit

County/Region

Wayne

MLS | Web ID

40203676

Features
General
Heating Forced Air
Possession At Close
Roof Asphalt
Water Public Water
Status Active Active
Year Built 19
Subdivision CAMPAU THEO J & DENIS J SUB OF PC 609 J CAMPAU ES MI
Water Heater Gas
County Wayne
Class COM/IND/BUS OPP
Type Commercial/Industrial
Percent Ownership Private
Municipality Detroit
Zoning Commercial
Area Detroit (82001)
Primary City Detroit
Directions Located right on Jefferson North of I-375
City Detroit
Street Name JEFFERSON
Financial Terms Cash Conventional
Legal Description N JEFFERSON W 80 FT OF E 130 FT 12 T J & D J CAMPAU PLAT L2 P1 PLATS W C R 11/2 80 X 200.48
DOM 1006
Postal Code 48207
Price Per Sq Ft 134.99
Coming Soon
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Exterior
Exterior Brick
Frontage 80
Lot Size Area 0.37
Lot Dimensions 80.00X200.00
Roads Paved Street
Waterfront Y/N No
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Interior
Fuel Type Natural Gas
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* Excluded Features
List By
Adam Soroka

Listing Agent

@Properties Christie's Int'l R.E. Detroit

Broker

AdamSoroka@atproperties.com

Email

Affordability Calculator

$81,747
Per Month
94%
6%
0%
Monthly Principal & Interest
$76,803
Monthly Property Taxes
$4,944
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
760529 Elementary School
760235 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
10/18/2021$10,995,000 -15.42% Price Down
7/28/2021$13,000,000 Listed Price

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2751 E JEFFERSON Avenue, Detroit, MI, 48207 is a Commercial Property for sale at $10,995,000 with 81,451 sqft and a lot size of 0.37. 2751 E JEFFERSON Avenue is a studio with 0.0 baths. The property's zip code is 48207 which is in Detroit, MI