14318 E Jefferson Avenue, Detroit, MI 48215 (MLS# 26002887)

14318 E Jefferson Avenue, Detroit, MI 48215

$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: 1/24/2026 Last Modified: 1/26/2026

Overview

Description

EMPOWERMENT ZONE! LOCATION, LOCATION! 5,874 FOOT PROPERTY CONSISTS OF 3 STOREFRONTS & 2 SPACIOUS 2 BEDROOM APARTMENTS,* SEPARATE GAS METERS AND FORCED AIR FURNACES, SEPARATE UPDATED ELECTRIC METERS AND CIRCUIT BREAKER PANELS, ROOM FOR PARKING OFF THE BACK AND ON THE STREET, UP & RUNNING MEN'S BARBER SHOP & WOMEN'S BEAUTY SALON, LEFT & RIGHT, PLUS A VACANT RESTAURANT (MIDDLE) WITH EQUIPMENT STILL INSIDE. ALL STOREFRONTS APPROX 980 FEET. ALL WITH THEIR OWN SEPARATE BASEMENTS. 2 SPACIOUS (APPROX 1425 FT EACH), 2 BEDROOM APARTMENTS UPSTAIRS, ONE IS RENTED $1,300 PER MONTH, OTHER NEEDS FINISHING TOUCHES * DO NOT DISTURB/APPROACH TENANTS WITHOUT AN APPOINTMENT** EAST JEFFERSON IS ONE OF THE VERY HOTTEST STREETS IN ALL OF DETROIT, PROPERTY IS AT THE BOARDER OF GROSSE POINTE. SEE OVERHEAD MAP VIEW. CALL FOR APPOINTMENT, **LAND CONTRACT AVAILABLE WITH $374,950 DOWN PAYMENT** $1,500 or more per storefront & $1,300 or more per apart. = $7,100 OR MORE,POSSIBLE TO ADD PARKING IN REAR.

Listing Details MLS# 26002887

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: 5589
Tax Year: 2025
Zoning: Commercial
Homestead %: 0
Spec Assessment & Type: No

Location & Property Info

Cross Streets: E JEFFERSON & CHALMERS
Property Sub-Type: Retail
Area: Wayne County - 100
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: EMPOWERMENT ZONE! LOCATION, LOCATION! 5,874 FOOT PROPERTY CONSISTS OF 3 STOREFRONTS & 2 SPACIOUS 2 BEDROOM APARTMENTS,* SEPARATE GAS METERS AND FORCED AIR FURNACES, SEPARATE UPDATED ELECTRIC METERS AND CIRCUIT BREAKER PANELS, ROOM FOR PARKING OFF THE BACK AND ON THE STREET, UP & RUNNING MEN'S BARBER SHOP & WOMEN'S BEAUTY SALON, LEFT & RIGHT, PLUS A VACANT RESTAURANT (MIDDLE) WITH EQUIPMENT STILL INSIDE. ALL STOREFRONTS APPROX 980 FEET. ALL WITH THEIR OWN SEPARATE BASEMENTS. 2 SPACIOUS (APPROX 1425 FT EACH), 2 BEDROOM APARTMENTS UPSTAIRS, ONE IS RENTED $1,300 PER MONTH, OTHER NEEDS FINISHING TOUCHES * DO NOT DISTURB/APPROACH TENANTS WITHOUT AN APPOINTMENT** EAST JEFFERSON IS ONE OF THE VERY HOTTEST STREETS IN ALL OF DETROIT, PROPERTY IS AT THE BOARDER OF GROSSE POINTE. SEE OVERHEAD MAP VIEW. CALL FOR APPOINTMENT, **LAND CONTRACT AVAILABLE WITH $374,950 DOWN PAYMENT** $1,500 or more per storefront & $1,300 or more per apart. = $7,100 OR MORE,POSSIBLE TO ADD PARKING IN REAR.
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

Listing Office: Michigan Dream Homes, LLC

Listing Agent: John Wallen

Last Updated: January - 26 - 2026

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