14318 E Jefferson Avenue, Detroit, MI 48215

New Listing
$749,900
Property Type: Commercial Sale Square Footage: 5,874 Lot Size (sq. ft.): 6,970 Status: Active
Current Price: $749,900 List Date: 6/11/2026 Last Modified: 6/11/2026

Overview

Description

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

Listing Details MLS# 26028797

Location Property Info

County
Wayne
Street #
14318
Street Direction
E
Street Name
Jefferson
Suffix
Avenue
State
MI
Zip Code
48215
Zip (4)
2932

General Property Info

New Construction
No
Lot Measurement
Acres
Lot Acres
0.16
Lot Square Footage
6970
Lot Dimensions
48 x 140
Year Built
1924
Road Frontage
48
Total # Units
5
# Fin Bldg Lvls
5874
Total # Bldgs
Yes
Total SqFt
5874
Property Use Type
Business
Full Baths
5
Waterfront
No
School District
Detroit

Tax Info

Tax ID #
21000350.
Taxable Value
29608
SEV
113000
For Tax Year
2025
Seller's Annual Property Tax
5042
Tax Year
2025
Zoning
Commercial
Homestead %
0
Spec Assessment & Type
No

Location & Property Info

Cross Streets
Alter & Jefferson
Property Sub-Type
Retail
Municipality
Detroit City

Office/Contract Info

Auction or For Sale
For Sale
List Price/SqFt
127.66
Prop Avail for Lease?
Yes
Current Bldg Use
3 Storefronts & 2 x 2 Bedroom Apartments,

More Information

Remarks & Misc

Public Remarks
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
Legal
S--E JEFFERSON W 8 FT 55 54 MARSHLAND BLVD SUB L26 P92 PLATS, W C R 21/293 48 X 140

Utilities Attached

Electricity Connected
Yes
Natural Gas Connected
Yes

Sewer

Public Sewer
Yes

Water

Public Water
Yes

Uses

Professional/Office
Yes
Restaurant
Yes
Retail
Yes
Other
Yes

Construction Type

Block
Yes
Concrete
Yes
Other
Yes

Heat Source

Natural Gas
Yes

Sale Conditions

None
Yes
Other
Yes

Heat Type

Forced Air
Yes

Business Includes

Equipment
Yes
Real Estate
Yes
Other
Yes

Util Avail at St

High Speed Internet
Yes
Phone Available
Yes

Purchase Terms Avail

Assumable
Yes
Cash
Yes
Conventional
Yes
Land Contract
Yes
Tax Def Exchange
Yes
Other
Yes

Property Features

Uses: Professional/Office; Restaurant; Retail; Other Business Includes: Equipment; Real Estate; Other Construction Type: Block; Concrete; Other Sewer: Public Sewer Water: Public Water Utilities Attached: Electricity Connected; Natural Gas Connected Util Avail at St: High Speed Internet; Phone Available Heat Source: Natural Gas Heat Type: Forced Air Purchase Terms Avail: Assumable; Cash; Conventional; Land Contract; Tax Def Exchange; Other Sale Conditions: None; Other
IDX
Listing Office: Michigan Dream Homes, LLC
Listing Agent: John Wallen
Source MLS Verified
Last Updated: June - 11 - 2026
The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of MICHRIC , and site contains live data. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.