965 E JEFFERSON Avenue Detroit, MI $ 1,750,000
965 E JEFFERSON Avenue
$ 1,750,000
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965 E JEFFERSON Avenue

Detroit, MI, 48207
$ 1,750,000
Bedrooms-- Baths-- Sq 16,567

Monthly Estimate*

$ 10,918

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Commercial Property for sale in Detroit, MI

for $1,750,000. This 16,567 square foot building was built in 1958 on a lot size of 0.31.

Buyer's financing fell through, so we are back on market! This three-story, modern glass building is located in the heart of the city, on the border of Lafayette Park and the central business district. It is an excellent opportunity to move your corporate headquarters, launch a mixed-use development, lease-back to one or multiple tenants, or come up with your own creative use. The building has easy freeway access, frontage on Jefferson Ave, and boasts an elevator, kitchen, remodeled bathrooms, private executive suites with river views, and rooftop access with terrace. Each floor is comprised of 5,600 +/- square feet and the building comes with an attached parking lot with 20 spaces. The communications tower atop the building provides a profit sharing contract. Just three blocks from the Renaissance Center, and minutes away from all the downtown dining, shops, sports arenas and theaters.

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Commercial Active

Price

$ 1,750,000

Property Type

Commercial

Taxes

$ 65,003

Style

RealEstateOnly

Lot Size

0.31

Year Built

1958

Town/City

Detroit

County/Region

Wayne

MLS | Web ID

20251057937

Features
General
Sewer SewerAtStreet
Heating ForcedAir NaturalGas
Cooling CentralAir
Possession AtClose
Garage Spaces 0.0
Construction Materials Other SteelSiding
Year Built 1958
Electric Volts220
Levels Three
Property Subtype RealEstateOnly
Current Use Office
Business Type Commercial ProfessionalOffice
County Wayne
Net Operating Income 314400.0
Operating Expense 120000.0
New Construction N
Property Type CommercialSale
HOA N
Attached Garage N
Subdivision Name LOUIS MORAN SENIOR FARM ( PLATS)
Garage Y/N N
Status Active
Directions At the corner of Jefferson and Chrysler service drive. Parking lot in rear on Larned.
City DetroitCity_Wayne
Senior Community Y/N N
High School District Detroit
Zoning Description Commercial Office
MLS Area Area05053DetWoodwardMcclellanSoMack
Lot Size Units Acres
Carport Y/N N
Land Lease Y/N N
Tax Annual Amount 65003.0
Home Warranty Y/N N
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Standard Status Active
Occupancy Type Vacant
Tax Assessed Value 751138
Expected Active Date 2025-12-03
Legal Description N E JEFFERSON 49&56 E 19 FT ON S LINE BG E 14 FT ON N LINE OF LOTS 48&55LOUIS MORAN SENIOR FARM L8 P173 DEEDS W C R 5/4 13 332 SQ FT
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Exterior
Water Source WateratStreet
Foundation Details Basement Block Slab
Spa N
Building Area Total 16567.0
Lot Dimensions 69x200x64x201
Lot Size Acres 0.31
Waterfront Y/N N
Road Frontage Type Paved
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Interior
Basement (Y/N) Y
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N N
Above Grade Finished Area 16567.0
Above Grade Finished Area Unit Type SquareFeet
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Internal Only
Street Number 1 965
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* Excluded Features
List By
Jay Taylor

Listing Agent

Good Company

Broker

(313) 410-1149

Phone

Affordability Calculator

$16,335
Per Month
67%
33%
0%
Monthly Principal & Interest
$10,918
Monthly Property Taxes
$5,417
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% 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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Nearby
848539 Elementary School
848135 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
12/3/2025$1,750,000 Listed Price

Map


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965 E JEFFERSON Avenue, Detroit, MI, 48207 is a Commercial Property for sale at $1,750,000 with 16,567 sqft and a lot size of 0.31. 965 E JEFFERSON Avenue was built in 1958. The property's zip code is 48207 which is in Detroit, MI