Sold
701 W Jefferson
Detroit MI, 48226
$5,500,000
$40.73 per sqft
Sold
3.1 Acres
Land
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
20240040221
MLSⓇ ID
June 8, 2024
Listed
November 22, 2024
Updated
Map
701 W Jefferson
Detroit MI, 48226
Exterior/Building Features
Lot Size
3.1 Acres
School Information
School District
Detroit
Other Property Details
Area Name
Det: Livernois-I75 6-Gd River
Taxes
$154,551
Tax Frequency
Annually
Days on Market
24
Garage
No
View
No
County
Wayne
Pool
No
Listing History
Date | Event | Price |
|---|---|---|
9/20/2024 | Sold | $5,500,000 |
7/3/2024 | Pending | — |
Courtesy of O'Connor Realty Detroit, LLC
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Data last updated 5:50 AM UTC, 11/22/2024
