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14400 Jefferson Ave 10,872 SF Retail Building Detroit, MI 48215 $899,900 ($82.77/SF)



EXECUTIVE SUMMARY
Purchasing the commercial property located at 14400 Jefferson in Detroit offers a unique opportunity for investors and entrepreneurs. With a generous combined space of over 10,000 square feet, this property is ideally situated within the Jefferson Chalmers Neighborhood Framework Plan. This framework, jointly developed by local residents and the City, provides a clear roadmap for future growth and investment in the area, ensuring that the property's value is likely to appreciate over time. The inclusion of a hardware business and its inventory is a significant asset, offering immediate revenue potential. Moreover, the option to acquire adjacent properties, including 14412 E Jefferson(6,720sqft), 910 Chalmers (4,978sqft), 906 Chalmers (532sqft), 904 Chalmers (608sqft), and 902 Chalmers (684sqft), provides the potential for further expansion and diversified business ventures, making this an attractive and multifaceted investment opportunity! BTVAI
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
10,872 SF
Building Class
C
Year Built
1929
Price
$899,900
Price Per SF
$82.77
Tenancy
Single
Building Height
2 Stories
Building FAR
1.58
Lot Size
0.16 AC
Opportunity Zone
Yes
Zoning
B4
Frontage
Walk Score®
Very Walkable (70)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 21-000345 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $159,300 |
PROPERTY TAXES
Parcel Number
21-000345
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$159,300
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14400 Jefferson Ave
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