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$7,000,000 pending

701 w jefferson, detroit, MI 48226

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Property Description
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
General Information
Sale Price: $7,000,000
Price/SqFt:
Status: Pending
MLS#: 60314284
City: detroit
Post Office: detroit
Schools: detroit city school district
County: Wayne
Acres: 3.1
Lot Dim: 450x300
Acreage: 3.1 est.
Tax, Fees & Legal
Est. Summer Taxes:  $16,670
Est. Winter Taxes:  $137,882


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All information provided is deemed reliable but is not guaranteed and should be independently verified. Participants are required to indicate on their websites that the information being provided is 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. Listing By: Vincent Mazzola of O'Connor Realty Detroit, LLC

This listing last updated: Tue, July 02, 2024 at 10:17:48 PM EDT

MIRealSource Listing Data Last Updated On Wednesday, July 3 2024 at 6:11pm
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Listings presented by:
Vincent Mazzola
O'Connor Realty Detroit, LLC

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