10474 Jefferson AveRiver Rouge, MI 48218

For Sale
$200,000

8,766 SF Medical Office, $200K

Overview

Added:
Dec 11, 2024
Days on market:
93
This exceptional 8,766 square foot mixed-use commercial property in River Rouge, Michigan, presents a unique investment opportunity. Originally a bank, later a doctor's office, this 1923 building boasts 34 rooms (23 downstairs, 11 upstairs), excluding the reception area, and eight restrooms. The spacious layout offers flexibility for various configurations. Intriguing historical features include preserved bank vaults. A sizable basement provides ample storage or expansion potential. The property's prime location across from the post office ensures high visibility. Two included parking lots offer convenience and additional income potential. Zoned for commercial use, this property is ideal for a variety of businesses seeking a historic building with significant space and character in a convenient location. The asking price is $200,000, with a price per square foot of $22.82. This is a rare chance to acquire a substantial property with significant upside in a desirable area of Wayne County.

Highlights

  • 8,766 SF mixed-use building in River Rouge, MI.
  • Originally a bank, now offers 34 rooms & 8 restrooms.
  • Features preserved bank vaults and ample basement storage.
  • High-visibility location across from the post office.
  • Includes two parking lots with income potential.
  • Zoned commercial; asking price $200,000 ($22.82/SF).

Property Details for 10474 Jefferson Ave

Property type
Other office properties, Medical offices
Square Feet
8,766 SF
Year Built
1923

Location Insight

City
River Rouge
County
Wayne
State
Michigan
Latitude
42.2746136
Longitude
-83.1340319
10474 Jefferson Ave, River Rouge, Michigan

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10474 Jefferson Ave
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