701 W Jefferson, Detroit, MI 48226
- $5,500,000
- Sold Price
- $5,500,000
- List Price
- $7,000,000
- Closing Date
- Sep 16, 2024
- MLS#
- 20240040221
- Status
- CLOSED
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
Additional Information
- Acres
- 3.10
- Acres
- 3.10
- School District
- Detroit
Mortgage Calculator
Courtesy of O'Connor Realty Detroit, LLC 3139639891
Selling Office: O'Connor Realty Detroit, LLC.
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