2751 E JEFFERSON AVE $10,995,000

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    2751 E JEFFERSON AVE Detroit, MI 48207

    • 81,451 sq. ft.
    • 0.37 Acres
    • Commercial
    • MLS# 40203676
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    Views: 139 Days On Site: 128

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    Property Details

    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.

    • General Features
      • Acreage 0.37
      • Area Municipality Detroit (82001)
      • County Wayne
      • Originating MLS RealComp
      • Ownership Private
      • Subdivision CAMPAU THEO J & DENIS J SUB OF PC 609 J CAMPAU ES
      • Waterfront Y/N No
      • Year Built 1929
      • ZONING Commercial
    • Building Features
      • Exterior Construction Brick
      • Foundation Type Slab
      • FUEL TYPE Natural Gas
      • Heating System Forced Air
      • Roofing Asphalt
    • Property Features
      • Water Public Water
      • Lot Size 80.00X200.00
      • Sewer Septic Public Sanitary

    Contact

    Katja Classic

    Katja Classic

    REALTOR, CNHS, PPS, PSA, RCC, SRS

    RE/MAX Classic

    Mobile Phone: 734-757-0717

    Neighborhood

    48207 (Detroit) Demographics

    43 Median Age
    3,250 Population Density (per sq. mile)
    41% College Educated
    $30,908 Estimated Median Income
    2,849 Estimated Total Home Owners
    8,705 Estimated Total Renters
    25% / 75% Estimated Owner / Renter Divide
    2 Estimated Average Household Size
    20,809 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $227,000 Median Sales Price
    12 Homes Sold
    23 New On Market

    Average Days on Site

      Properties for Sale

        Calculations provided by Reliance Network

        Property History

        Date Event Price Percent Change
        -- Current Price Source: Multiple Listing Service New Value: $10,995,000
        10/18/2021 3:20:30 PM Price Reduced Source: Multiple Listing Service New Value: $10,995,000 -15.42%
        7/28/2021 1:24:00 PM New in Database Source: Multiple Listing Service New Value: $13,000,000

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        Information is provided in part by the IDX program of the MI Realsource Michigan Multiple Listing Service. All information provided is deemed reliable but is not guaranteed and should be independently verified.

        Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.
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