2751 E JEFFERSON Avenue Active

Detroit,MI 48207 4105

$ 10995000

- Bed

- Bath

81451 SqFt


Key Details

Property Type Commercial

Sub Type Commercial/Industrial

Listing Status Active

Purchase Type For Sale

Square Footage 81,451 sqft

Price per Sqft $134

Subdivision Mi

MLS Listing ID 40203676

Annual Tax Amount $59,328

Lot Size 0.370 Acres

Acres 0.37

Lot Dimensions 80.00X200.00

Property Description

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.

Location

State MI

County Wayne

Area Detroit (82001)

Zoning Commercial

Interior

Heating Forced Air

Exterior

Waterfront No

Roof Type Asphalt

Building

Foundation Slab

Water Public Water

Structure Type Brick

Others

Ownership Private

Energy Description Natural Gas

Financing Cash,Conventional

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