47239 Jefferson Avenue

47239 Jefferson Ave, New Baltimore, MI 48047

Property Information

  • For Sale Contact for pricing
  • Property Type VacantLand
  • Property Size 28,314 SF
  • Lot Size 0.65 Acre
  • Date Updated Apr 24, 2026

Description

  • ±113,000 SF Dollar General & Save A Lot anchored retail center, serving as a primary retail hub for Hazard and surrounding areas
  • The property boasts a strong historical occupancy, showcasing the property’s viability, tenant retention, and market demand; surge in daytime traffic further underscores Hazard’s regional draw
  • Limited flat, buildable land in the market constrains new retail supply; CoStar’s data indicates a retail vacancy rate of approximately ±0% within a 20-mile radius
  • Upside through converting gross leases to NNN and implementing rent adjustments
  • Recent capital improvements include installation of solar panels for operating efficiency
  • NOI: ±$541,142 

Contacts

Zach Cummings

Friedman Real Estate

Location

Located at 47239 Jefferson Ave, New Baltimore, MI 48047, this property is part of the Mount Clemens neighborhood and Detroit market.

Contact Listing Broker
Zach Cummings

Friedman Real Estate

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