Detroit, MI 48214,8325 E Jefferson Avenue
$575,000
$799,000
28.0%
Est.Price: ?

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5,000 SqFt

8325 E Jefferson Avenue Detroit, MI 48214

Est. payment /mo
SOLD DATE : 05/02/2023

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Key Details

Sold Price $575,000

Property Type Commercial

Sub Type Real Estate Only

Listing Status Sold

Purchase Type For Sale

Square Footage 5,000 sqft

Price per Sqft $115

Subdivision Park

MLS Listing ID 2220038894

Year Built 1902

Annual Tax Amount $6,052

Lot Size 0.340 Acres

Property Sub-Type Real Estate Only

Property Description

This Retail, Residential and Office building is elegance defined! A 1902 beauty in one of Detroit's best neighborhoods. This 5,000 square foot building has so many opportunities for the entrepreneur.
Currently being used as "The Collective" leased to artists and many business owners. There are numerous rooms that could be used as bedrooms or possibly classrooms. Spacious top floor apartment can be leased for additional substantial income. Large parking lot behind the property can accommodate approximately 20 vehicles. This could be a great bed and breakfast, restaurant, office suites, or convert it into your own home! A lovely, close by stroll to West Village shops, cycle and yoga classes, restaurants, stores, bars, parks and more. Just minutes from the Riverfront, Belle Isle & Downtown Detroit!

Location

State MI

County Wayne

Area Det Woodward-Mcclellan/So Mack

Zoning Commercial

Interior

Heating Forced Air

Exterior

Roof Type Composition

Building

Foundation Basement

Sewer Sewer at Street

Water Public (Municipal)

Structure Type Brick,Stucco,Wood

Schools

School District Detroit

Others

Acceptable Financing Warranty Deed

Listing Terms Warranty Deed

Special Listing Condition Full Service

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Realcomp MLS
Listed by Ava Pavlina of Arterra Luxe Collection LLC
Bought with EXP Realty LLC

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agent

Mark Schmansky

Founder/Associate Broker | License ID: 6501380043

+1(248) 701-0207

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