3530 Grand River Ave
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3530 Grand River Ave
7,689 SF 11% Leased Retail Building Detroit, MI 48208 $550,000 ($72/SF)
Executive Summary
3530 Grand River is a 7,689-square-foot mixed-use redevelopment property located at the highly visible corner of Grand River and Trumbull in Detroit’s historic Woodbridge neighborhood. This building features a white brick facade on one side, while the adjacent wall displays the beloved “Welcome to Woodbridge” giraffe mural, making the property a recognizable landmark in the area. The property is located one block from the new Scripps District development, featuring 65 newly constructed townhomes, and directly across from the newly renovated Scripps Park. The Woodbridge neighborhood is recognized for its historic Victorian architecture; mature, tree-lined streets; and a cohesive residential community-- all within close proximity to Detroit's central cultural and business districts. The sale includes a 0.33-acre (14,442-square-foot) lot, providing ample site parking or potential for future development/expansion.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
7,689 SF
Building Class
C
Year Built
1922
Price
$550,000
Price Per SF
$72
Percent Leased
11%
Building Height
3 Stories
Building FAR
0.53
Land Acres
0.33 AC
Zoning
B4
Walk Score ®
Very Walkable (75)
Bike Score ®
Biker's Paradise (98)
Nearby Major Retailers
PROPERTY TAXES
Parcel Number | 06-000895 | Improvements Assessment | $0 |
Land Assessment | $0 | Total Assessment | $172,800 |
PROPERTY TAXES
Parcel Number
06-000895
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$172,800
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3530 Grand River Ave
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