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2921 E JEFFERSON Avenue

$ 3,270,000


Say YES to the Address! One of a kind, elegant downtown location with endless possibilities. Built in 1889, The Bagley Mansion offers 8500 sq ft of mixed use commercial space and is among the finest examples of Detroit’s grand legacy of French Renaissance Revival architecture. The Bagley is currently home to “Beautiful Bridal” – a bridal studio and event space curated by Keasha Rigsby of TLC’s “Say Yes to the Dress.” This stately mansion has been completely renovated with central air, new windows & mechanicals while retaining wonderful original architectural details around every corner. The ballroom entrance, six fireplaces and original stained glass windows harken back to Detroit’s industrial gilded age. Located in Rivertown directly adjacent to the new Joseph Campau Greenway, this turn-key opportunity is perfect for a special events venue, restaurant/bar, bed and breakfast, law or medical office or educational facility. Ample gated, off-street parking offers ease of access.

Address: 2921 E JEFFERSON AVE
Zip: 48207
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Property Id : 27081
Price: $ 3,270,000
Building size: 0.20 acres
Available Space: 8475 sq.ft.
Active Openhouse Count: 0
Architecture Level: 4-10 Story
Assessment: 450
Building Area Source: Plans
Business Type: Medical,Office,Retail,Service
CDOM: 76
CoList Agent MUI: 36609
CoList Agent Direct Work Phone: (313) 818-1701
CoList Agent Email:
CoList Agent FullName: Paul Ryder
CoList Agent MLSID: 280406
CoList Office MUI: 242297428
CoList Office MLSID: 385978
CoList Office Name: Historic Realty Detroit
CoList Office Phone: (313) 752-0533
Commercial Exterior Features: Outside Lighting
Commercial Type: Commercial,Real Estate Only
Commercial Utilities: 3 Phase Power,Security Alarm
Construction Materials: Brick,Stone
County Or Parish: Wayne
Current Use: Bridal Salon and Event Venue
Directions: I-75, exit E. Jefferson
Directions From EastWest: E
Directions From EastWest Detail: I-75
Directions From NorthSouth: S
Directions From NorthSouth Detail: Lafayette
Distance To Airport: 15
Distance To Interstate: 1
Distance To Rail: 2
Distance To Waterway: 1
DOM: 76
Foundation Details: Basement
Foundation Materials: Poured
Frontage Feet: 40
Gross Scheduled Income: 196920.00
Heating: Central Air,Forced Air,Zoned
Heating Fuel: Natural Gas
Last Change Type: New
List Office Name: Historic Realty Detroit
List Price By Acre: 16350000.0000
Lock Box Type: Appointment
Lot Size Dimensions: 40 X 200 X 40 X 200
MLS: Realcomp II Ltd
MLS Area Major: Det Woodward-Mcclellan/So Mack
MLS Area Major Number: 05053
MLS Number: 219116276
Monthly Sales: 16410
Annual Net Income: 180260.00
Office Heating: Central Air,Forced Air,Zoned
Operating Expense: 16660.00
Original List Price: 3270000.00
Ownership Status: Private Owned,Short Sale - No
Parcel Number: W11I000108S
Percent Leased: 50
Plant Heating: Central Air,Forced Air,Zoned
Postal City: Detroit
Postal Code Plus 4: 4267
Property Type: Commercial
Protection Period: 90
Road Frontage Type: Paved
Room Count: 0
School District: Detroit
Settlement: City
Sewer: Sewer at Street
Short Sale: No
State Equalized Value: 193500.0000
Street Dir Prefix: E
Street Name: JEFFERSON
Street Number: 2921
Street Suffix: Avenue
Table: Commercial
Taxable Value: 78438.0000
Tax Amount Summer: 6648.0000
Tax Amount Winter: 727.0000
Tax Legal Description: N JEFFERSON E 6 FT 2 PT OF 3 SUB OF BLK 13 CAMPAU JOSEPH FARM SUB L1 P248 PLATS W C R DESC AS FOLS: BEG AT N W COR OF SD E 6 FT OF LOT 2 TH N 59D 51M 21S E 40 FT TH S 30D 23M 53S E 92.55 FT TH S 60D 38M 15S E 17.32 FT TH S 30D 24M 50S E 55 FT TH S 59D 51M 21S W 4 FT TH S 30D 03M 06S E 37.52 FT TH S 59D 51M 21S W 45.47 FT TH N 30D 07M 25S W 200 FT TO P.O.B. 11/18 8,799 SQ FT .202 AC
Title: Private - Owned
Total Tax: 7375.0000
Unit Count: 0
Virtual Tour URL Unbranded:
Virtual Tour URL Unbranded 2:
Virtual Tour URL Unbranded Type: Video
Virtual Tour URL Unbranded Type: 3D Tour
Water Heater Fuel: Natural Gas
Water Source: Municipal Water
Year Built: 1889
Year Remodeled: 2017
Zoning: Commercial
Airport: Yes
APOD Available: Yes
Customer Comment: Yes
Encroachment: No
Existing Lease: Yes
Interstate: Yes
Land Contract: No
Publish Sale Price: Yes
Railroad: Yes
Waterfront: No
Waterway: Yes
IDX provided courtesy of Realcomp II Ltd., via Historic Realty Detroit and Realcomp, © 2021 Realcomp II Ltd. Shareholders.

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