8325 E Jefferson Ave, Detroit 48214

$695,000

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MLS#: 216082567
• For Sale
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MAJOR PRICE ADJUSTMENT, SELLER HIGHLY MOTIVATED - This Historic Mansion located on at the boarder of the highly desirable Indian Village Historic District boasts 12 separate rental units, many with fireplaces. Renowned architects Stratton and Baldwin designed this property as a residence for James Hamilton in 1902, which is resplendent with architectural detail including quarter sawn Oak paneling multiple fireplaces adorned with Pewabic and Delft tiles, leaded glass windows abound. Currently, the rooms are being leased as Art Galleries, light manufacturing and office use. Plenty of storage space in the basement and room for 12 cars behind the building with secure parking This is a rare opportunity to own this one of a kind property.

Property Information    

Status
Active 
Address
8325 E Jefferson Ave 
City
Detroit 
Zip
48214 
Year Built
1936 
Subdivision
Park 
Business Type
Office, Retail, Service 
Listing Date
08/17/2016 
Architecture
3 Story 
County
Wayne 
Above Grade SqFt
4,938 
Possession
Immediate 
Price/SqFt
140.75 

School Information

School District
Detroit 

Taxes

Summer Taxes
$5,000 
Winter Taxes
$592 

Features

Current Use
Retail 
Comm. Office Space
4978 
Zoning
Commercial 
Sub Property Type
Commercial 
Office Heat
Hot Water, Zoned 
Plant Heat
Baseboard, Hot Water 
Heating
Gas, Hot Water, Radiant 

Listing Video for 8325 E Jefferson Ave, Detroit MI 48214

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Listing Broker

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Listing Courtesy of Lakeshore Realty Company
Office Address 1090 Seminole Street