Your email has been sent.
1351 E Jefferson Ave 0.69 Acres of Commercial Land Offered at $1,500,000 in Detroit, MI 48207
INVESTMENT HIGHLIGHTS
- Adjacent to the Meijer Rivertown Market and the Detroit Riverwalk, offering excellent visibility and accessibility.
- Located in a designated Opportunity Zone, providing potential tax benefits for qualifying investments.
- Zoned B-4, suitable for retail, multi-family, or mixed-use developments, with ordinances allowing for up to 7 stories.
EXECUTIVE SUMMARY
• Quick and easy access to I-375 and all major freeway arteries
• All of the amenities and excitement of Detroit's CBD including hotels, restaurants, bars and entertainment are located just a short walk or bike ride away
• Located just a ¼ mile from Bedrocks $1.6B transformational redevelopment of Detroit's iconic Renaissance Center and its river front area into a mixed-use hub with housing, public spaces and entertainment
PROPERTY FACTS
| Price | $1,500,000 | Property Subtype | Commercial |
| Sale Type | Investment or Owner User | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 0.69 AC |
| Property Type | Land | Opportunity Zone |
Yes
|
| Zoning | B-4 - B-4 zoning | ||
| Price | $1,500,000 |
| Sale Type | Investment or Owner User |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 0.69 AC |
| Opportunity Zone |
Yes |
| Zoning | B-4 - B-4 zoning |
1 LOT AVAILABLE
Lot
| Price | $1,500,000 | Lot Size | 0.69 AC |
| Price Per AC | $2,173,913.04 |
| Price | $1,500,000 |
| Price Per AC | $2,173,913.04 |
| Lot Size | 0.69 AC |
• Zoned B-4 - Excellent retail, multi-family or mixed-use site | Ordinance allows for 7 stories • Rectangular parcel (143 W x 210 D) with all utilities at site ready for development
DESCRIPTION
Welcome to 1351 E Jefferson Ave, a prime 0.69-acre commercial land parcel in Detroit, MI. This strategically located property is adjacent to the Meijer Rivertown Market and the Detroit Riverwalk, offering excellent visibility and accessibility. Zoned B-4, it is ideal for retail, multi-family, or mixed-use developments, with ordinances allowing for up to 7 stories. The site is development-ready with all utilities available and is situated in an Opportunity Zone, providing potential tax benefits. Enjoy proximity to Detroit's Central Business District, with hotels, restaurants, and entertainment venues just a short walk or bike ride away. This is a fantastic opportunity to invest in Detroit's vibrant and growing community.
Presented by
1351 E Jefferson Ave
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.