MI > Wayne > Detroit > 701 W Jefferson

$5,500,000

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  • 3.1 Acres
  • MLS# 20240040221
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Portrait of Blake Bernard
Presented by Blake Bernard

269-267-2709

Traverse City-Randolph St.

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Mon-Fri 9am-9pm Sat/Sun 9am-7pm

248-208-3883

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One of the last pieces of undeveloped riverfront land in downtown Detroit, this three-point-one acre property is a once in a lifetime development opportunity. 701 W Jefferson is an ideal site for a hotel, high-end condos or mixed-use development and comes with rights to build a marina. Highly desirable location in a qualified Opportunity Zone adjacent to The Residences at Water Square, Huntington Place convention center, and the Detroit Riverwalk. Area developments include: The New Residences at Water Square (496 Units), Huntington Place Convention Center, The Foundation Hotel, Riverfront Towers (845 Units), Hart Plaza, and the Detroit Riverwalk

Property Information

Status
Sold 
Address
701 W Jefferson 
City
Detroit 
Zip
48226 
Lot Size
3.10 
Lot Dimensions:
450x300 
Zoning
Commercial, Multi-Family, Office
Water
Public (Municipal) 
Listing Date
06/08/2024 
County
Wayne 

School Information

School District
Detroit 

Taxes

Summer Taxes
$16,670 
Winter Taxes
$137,881 

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  • Property History
  • Schools Information
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Property History
MLS Number New Status Previous Status Activity Date New List Price Previous List Price Sold Price DOM
20240040221 Sold Pending Sep 20 2024 10:06AM $5,500,000 24
20240040221 Pending Active Jul 2 2024 10:05PM 24
20240040221 Active Jun 8 2024 4:44PM $7,000,000 24
School Information
Local Business

Learn More About This Listing

Portrait of Blake Bernard
Presented by Blake Bernard

269-267-2709

Traverse City-Randolph St.

Contact Customer Care

Mon-Fri 9am-9pm Sat/Sun 9am-7pm

248-208-3883

By proceeding, you consent to receive calls, emails, and texts from Real Estate One and others about your inquiry and other home-related matters, but not as a condition of any purchase. To opt-out, you can reply 'stop' to texts or click the unsubscribe link in the emails. Msg/data rates may apply. View Privacy Policy.

Listing Broker

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Listing Courtesy of O'Connor Realty Detroit, Llc
(313) 963-9891
Office Address 2122 Michigan Ave

701 W Jefferson Detroit
Contact us
$7,000,000
Sold • Acres: 3.1 • School District: Detroit