$4,200,000 for Sale

8735 e jefferson, detroit, MI 48214

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Property Description
A rare find on Jefferson Ave with unobstructed views of Detroitâ??s International Waterfront, this former UAW Headquarters and 1928 German Social Club is a blend of old world craftsmanship and practicality at a substantial discount to replacement cost. Three interconnected buildings provide over 105,000 (+/-) sqft of above-ground floor space plus full basements for extra rentable square footage. The property sits directly across the Erma Henderson Memorial Park on a combined 3.45 acres (+/-) parcel with 365â?? of frontage on Jefferson Ave. The fenced in parking lot has 260 parking spaces with a guardhouse. Notable features of the original 1928 building include an in-ground pool, full-size gymnasium, saunas, exercise room, library, elevator, and a Grand foyer with ornate woodwork and Pewabic tile. The 1980 addition is a traditional office building with a central core and perimeter offices. Floor plates were designed to accommodate many different floor plan configurations and multiple tenants if needed. Central core includes elevators, bathrooms, and stairway. The two story office building includes an elevator, full basement, and a dedicated parking lot. Interior pictures are for reference only and not a current representation of the condition of the property.
General Information
Sale Price: $4,200,000
Price/SqFt: $40
Status: Active
MLS#: 60278477
City: detroit
Post Office: detroit
County: Wayne
Acres: 3.45
Lot Dimensions: Irregular
Size: 105,847 sq.ft.
Acreage: 3.45 est.
Year Built: 99
Property Type: Commercial/Industrial
Style:
Tax, Fees & Legal
Est. Summer Taxes:  $41,815
Est. Winter Taxes:  $5,039


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