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About This Home
This 0-bedroom, 5-bathroom commercial at 14318 E Jefferson Avenue in Detroit, MI is listed for $749,900 ($128 per sqft). Built in 1924, the home offers 5,874 sqft of living space on a 0.16 acres lot.
Positioned on one of Detroit's most rapidly appreciating commercial corridors, this mixed-use property sits on the border of prestigious Grosse Pointe. Offering a robust blend of immediate cash flow and substantial value-add potential, this 5,874-square-foot building is set for investor & or occupant, featuring 3 commercial storefronts and two massive upper-level apartments.
Commercial Footprint (3 Storefronts )Each retail space is approximately 980 sq. ft. & features its own dedicated, private basement for inventory or storage. Left Unit: Active, established Men's Barber Shop. Right Unit: vibrant Women's Beauty Salon or...you name it...?, steady commercial tenant income.
Center Unit: A prime, vacant restaurant space complete with existing commercial kitchen equipment & Table space. Plus Residential Living 2 Spacious Upper Aparts, 2-bedroom, 1-bath 1,425 sq. ft. each, 1-occupied at $1300 per mo. & 1 vacant, *Land contract Available* asking 50% down/make offer
Key Features
- Built in 1924
- 0.16 acre lot
Property Details
Monthly Cost Estimate
$4,011/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
14318 E Jefferson Avenue
Detroit, MI 48215
Features & Amenities
Interior Features
Property Details
Heating
Questions & Answers
This 0-bedroom, 5-bathroom commercial at 14318 E Jefferson Avenue is listed at $749,900 ($128/sqft). The estimated monthly payment is $3,250 based on 20% down at 6.5% interest.
Key features include: Built in 1924, 0.16 acre lot. Interior Features: Broadband.
This property is listed by John Wallen and can be reached at 2487551124 or johnwallen1124@yahoo.com.
