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14000 Grand River Ave

13,469 SF Retail Building Detroit, MI 48227 $650,000 ($48/SF)

Investment Highlights

  • High profile retail.
  • Close to I-96 / M-10
  • Priced $48 /psf
  • Excellent owner/user opportunity
  • Easy parking and access

Executive Summary

This multi-tenant strip retail center in Detroit offers an excellent owner/user opportunity with great visibility and easy access on a corner location. The current furniture store and Metro by T-Mobile tenants are both owned by the seller and will vacate at sale. The building has a ceiling height of 13’ 5” and a clear height of 11’ 4”. Daytime population of 154,5000 within 3 miles of property with a daily traffic count of 15,500.

Property Facts

Sale Type
Owner User
Property Type
Retail
Property Subtype
Freestanding
Building Size
13,469 SF
Building Class
C
Year Built
1960
Price
$650,000
Price Per SF
$48
Tenancy
Single
Building Height
1 Story
Building FAR
0.84
Lot Size
0.37 AC
Zoning
N/Av, Detroit
Parking
40 Spaces (2.97 Spaces per 1,000 SF Leased)

Amenities

  • Pylon Sign
  • Signage
  • Air Conditioning

Nearby Major Retailers

U.s. Bank Branch
Checkers

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
22-008375
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$165,200
  • Listing ID: 29035837

  • Date on Market: 7/18/2023

  • Last Updated:

  • Address: 14000 Grand River Ave, Detroit, MI 48227

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