For Sale - Potential Re-Development Opportunity

10783 W Jefferson Ave River Rouge, MI 48218

10783 W Jefferson Ave, River Rouge, MI, 48218
10783 W Jefferson Ave, River Rouge, MI, 48218 10783 W Jefferson Ave, River Rouge, MI, 48218 10783 W Jefferson Ave, River Rouge, MI, 48218 10783 W Jefferson Ave, River Rouge, MI, 48218 10783 W Jefferson Ave, River Rouge, MI, 48218 10783 W Jefferson Ave, River Rouge, MI, 48218 10783 W Jefferson Ave, River Rouge, MI, 48218 10783 W Jefferson Ave, River Rouge, MI, 48218 10783 W Jefferson Ave, River Rouge, MI, 48218
FOR SALE
Property Type:
Street Retail
Amount:
$549,000
Last Verified:
Mar 30, 2023

Daily Email Blast
0 times


Highlights

  • Approximately 6,118 SF of First Floor Space and 2,200 SF of 2nd Floor Space with Approximately 800 SF Basement Space
  • Property is Municipally Approved for Cultivation and Processing with Permits and Completed Drawings that Show a 10,000 SF Expansion
  • Entire Building has been Gutted and Ready for Buildout
  • Ample Parking Which Would Allow for Many Different Uses
  • Zoned B-2 General Business
  • Property can be Retrofitted or Redeveloped
  • .557 Acres with 229' of Frontage on an Entire City Block
  • Located in the Heart of the Commercial District of River Rouge
  • Sales Price: $549,000, Seller Financing Available
  • 2022 Taxes - Winter: $2,402.73, Summer: $5,215.31

Description

The subject property sits on .557 acres and has 229' feet of frontage on Jefferson Avenue and covers an entire city block. The property happens to be located in the "Green Zone" of River Rouge and qualifies for cultivation and/or processing (no retail). The property consists of app. 6,100 of ground floor space as well as app. 2,100 of 2nd story space. Half of the space has 25' ceilings.

Located on W Jefferson west of Schaefer.


Year Built: 1920
Building Size: 6118sq ft
Lot Size: 0.56 acres


Documents

10783 W Jefferson Ave Flyer 2023

Map of 10783 W Jefferson Ave, River Rouge, MI, 48218

Presented by:

Request additional information


Send a message
Share this Listing

Not Interested In This Property? TheBrokerList.com Can Help
Looking for an office, retail space, warehouse or anything else?
Contact a Licensed Member Today

What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.