8735 E JEFFERSON $4,200,000

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    8735 E JEFFERSON Detroit, MI 48214

    • 120,000 sq. ft.
    • 3.45 Acres
    • Commercial
    • MLS# 40113983
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    Views: 424 Days On Site: 404

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    Property Details

    We our pleased to offer the former UAW Building located at 8735 East Jefferson Avenue in Detroit's Indian Village neighborhood. The original structure was built in 1945 as a German Social Club and was redeveloped in 1980 by the UAW at which time the building was expanded into the current structure. The portfolio features over 120,000 SF and 3.45 Acres of the total land with 360' of frontage along Jefferson Avenue across from the Riverfront. The property is a 4-story 120,000 SF commercial building positioned on an entire block between Fischer and Crane Street and features unobstructed views of Detroit?s international waterfront and marina district. Zoning allows for both office or residential redevelopment opportunities.

    • General Features
      • Acreage 3.45
      • Area Municipality Detroit (82001)
      • County Wayne
      • Originating MLS RealComp
      • Ownership Private
      • Subdivision OLDES SUB (PLATS)
      • Waterfront Y/N No
      • Year Built 1945
      • ZONING Multi-Family,Professional Office,Residential
    • Building Features
      • Exterior Construction Concrete/Block
      • Foundation Type Basement
      • FUEL TYPE Natural Gas
      • Heating System Forced Air
    • Property Features
      • Water Public Water
      • Lot Size 360.00X144.00
      • Sewer Septic Public Sanitary

    Contact

    John Pickell

    John Pickell

    REALTOR

    RE/MAX Classic

    Mobile Phone: 248-917-5923

    Neighborhood

    48214 (Detroit) Demographics

    43 Median Age
    3,837 Population Density (per sq. mile)
    32% College Educated
    $31,966 Estimated Median Income
    3,917 Estimated Total Home Owners
    6,072 Estimated Total Renters
    39% / 61% Estimated Owner / Renter Divide
    2 Estimated Average Household Size
    21,599 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $290,000 Median Sales Price
    9 Homes Sold
    12 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: $4,200,000
        8/25/2021 10:05:04 AM Status Changed Source: Multiple Listing Service New Value: Active
        7/28/2021 8:36:57 PM Status Changed Source: Multiple Listing Service New Value: Pending
        12/16/2020 9:53:00 PM New in Database Source: Multiple Listing Service New Value: $4,200,000

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        **Assumes 3.5% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information.
        Information is provided in part by the IDX program of the MI Realsource Michigan Multiple Listing Service. All information provided is deemed reliable but is not guaranteed and should be independently verified.

        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.