14318 E Jefferson Avenue, Detroit, MI 48215 (MLS# 26045695)

14318 E Jefferson Avenue, Detroit, MI 48215

New Listing

$749,900

Apartment 1 of 2 high efficiency furnace

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 ... (Read more)

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

Listing Office: Michigan Dream Homes, LLC

Listing Agent: John Wallen

Last Updated: August - 28 - 2026

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