2751 E JEFFERSON Avenue $10,995,000

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    2751 E JEFFERSON Avenue Detroit, MI 48207

    • 81,451 sq. ft.
    • 0.37 Acres
    • Commercial
    • MLS# 40203676
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    Views: 1460 Days On Site: 1205

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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
      • Total SqFt Finished 81451
      • Waterfront Y/N No
      • Year Built 19
      • ZONING Commercial
    • Building Features
      • Exterior Construction Brick
      • Foundation Type Slab
      • Heating System Forced Air
      • FUEL TYPE Natural Gas
      • Roofing Asphalt
    • Property Features
      • Water Public Water
      • Lot Size 80.00X200.00
      • Roads Paved Street
      • Sewer Septic Public Sanitary

    Neighborhood

    48207 (Detroit) Demographics

    42 Median Age
    3,323 Population Density (per sq. mile)
    40% College Educated
    $33,754 Estimated Median Income
    2,771 Estimated Total Home Owners
    8,968 Estimated Total Renters
    24% / 76% Estimated Owner / Renter Divide
    2 Estimated Average Household Size
    21,282 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $240,000 Median Sales Price
    7 Homes Sold
    24 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
        7/28/2021 1:24:00 PM New in Database Source: Multiple Listing Service New Value: $10,995,000

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        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.