Active

10549 E Jefferson Avenue

Detroit MI, 48214

$495,000


$515.63 per sqft

Active

960 sqft

Commercial

Rare and incredible turnkey opportunity to buy one of Detroit’s most beloved corner buildings in the East Side. Dating back to 1964, the fully updated, turnkey concrete block building (formerly the home of Rose's Fine Food and Wine) is situated on a highly visible corner in East Village, where the owners meticulously renovated nearly every square inch except for the historic counter and stainless counter cooler (which was refurbished). The space was brought to life with thoughtful, creative details and updates, including a new roof (2020) and furnace (2019), tin ceiling, floor tiles and an iconic color palette. The newly landscaped outdoor area received equal attention, from raised beds and beautiful landscaping to a new wooden fence surrounding a gravel dining patio with picnic tables and bright pink umbrellas. All business assets and real estate included in the sale: Property, restaurant equipment, liquor license, furniture. The prime location is close to Belle Isle, the canals and marinas, Pewabic Pottery, and the Shepherd, a new public arts center opening this spring, as well as Indian Village, Jefferson Chalmers, Islandview, East English Village, Grosse Pointe Park and a straight shot downtown. Property tours will be Thursday, Oct 12th at Noon.

20230083555

MLS ID

October 1, 2023

Listed

November 3, 2023

Updated

Map

10549 E Jefferson Avenue
Detroit MI, 48214

Interior Features

Fireplace

No


Cooling

No


Heating

Yes


Heating Description

Forced Air

Exterior/Building Features

Lot Size

0.2 acres


Sewer

Public Sewer (Sewer-Sanitary)

Other Property Details

Taxes

$3,639


Tax Frequency

Annually


Days on Market

32


Garage

No


Parking

No


View

No


County

Wayne


Water Source

Public (Municipal)


Pool

No

Listing History

Date

Event

Price

11/3/2023

Price Change

$495,000

-10%

 

Courtesy of O'Connor Realty Detroit, LLC

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Elizabeth Tintinalli shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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Originating MLS:
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Data last updated 1:56 AM UTC, 11/3/2023

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