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: 8/28/2026 Last Modified: 8/28/2026

Overview

Description

In one of Detroit's most rapidly appreciating commercial corridors, mixed-use property sits on Grosse Pointe boarder. Offering a robust blend of immediate cash flow and substantial value-add potential, 5,874 Ft. building is set for investor & or occupant, featuring 3 commercial storefronts & 2X 1425 ft! upper-level apartments. Commercial Footprint (3 Storefronts) Each retail space is approx. 1,000 ft. & features its own private basement for storage. Active, established Men's Barber Shop. Beauty Salon or...you name it...? & a prime, vacant restaurant space complete with existing commercial kitchen equipment & Table space . Plus Residential Living 2 Spacious Upper Aparts, 2-bedroom, 1,425 ft. each, 1-occupied at $1300 per mo. & 1 vacant *Land contract Available* asking 50% down/make offer.

Supplements: In one of Detroit's most rapidly appreciating commercial corridors, mixed-use property sits on Grosse Pointe boarder. Offering a robust blend of immediate cash flow and substantial value-add potential, 5,874 Ft. building is set for investor & or occupant, featuring 3 commercial storefronts & 2X 1425 ft! upper-level apartments. Commercial Footprint ...

Listing Details MLS# 26045695

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
# of Diff Unit Floor Plans
3
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
2597
Tax Year
2026
Zoning
Commercial

Unit 1

Unit Description
Barber shop
SqFt
974
Occupied
No
# HVAC
Yes
# Baths
Yes

More Information

Property Features

Property Use: Business; Vacant/Owner-User 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: Cash; Conventional; Land Contract Sale Conditions: None Possession: Close Of Escrow; See Remarks; Subject To Tenant Rights
IDX
Listing Office: Michigan Dream Homes, LLC
Listing Agent: John Wallen
Source MLS Verified
Last Updated: August - 28 - 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.