2751-2761 E Jefferson Ave - Office FOR SALE


Detroit, MI 48207- Elmwood
$10,995,000 USD
586-563-7792
2751-2761 E Jefferson Ave, Detroit, MI for Sale
$10,995,000 USD
Office - FOR SALE
1/7
null | Request Cap Rate

2751-2761 E Jefferson Ave
Detroit, MI 48207
Elmwood


OVERVIEW

An exciting opportunity to redevelop a historic office building in the Central Business District! This 5 story building could be an adaptive office conversion or converted to for-sale condominiums. The existing structure (floors 2 - 5) could house up to 48 units, each 1,000 sq ft, although these can be reconfigured into smaller or larger units depending on final architectural plans. The creation of a brand new rooftop level would add additional usable sq ft. It would allow room for 4 new condos, each around 2,000 sq ft with large windows and terraces, this level will have commanding river and downtown views. The inclusion of high end amenities, gym, and lobby will create a welcoming space for residents. The addition of rentable meeting rooms and a coffee shop will round out the first floor of the building. This 5-story office building is located directly on the newly-named Dennis Archer Greenway.

FOR SALE DETAILS

PRICE

$10,995,000 USD

PRICE/SF

$129 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY NAME

The Campau on Jefferson

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

5

BUILDING CLASS

C

YEAR BUILT

1929

SPRINKLERS

-

PARKING SPACES

50

LAND DETAILS

LAND ACRES

1.24 AC

LAND SF

54,014 SF

ZONING

-

APN/PARCEL ID

11-0001034,11-000105

ASK ABOUT THIS PROPERTY

Adam Soroka@Properties DetroitMore Info
586-563-7792

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Adam Soroka@Properties DetroitMore Info
586-563-7792

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.