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505 E Grand Blvd

28,000 SF Office Building Detroit, MI 48207 $499,900 ($18/SF)

Medical Offices Michigan Detroit 505 E Grand Blvd, Detroit, MI 48207

Investment Highlights

  • Located minutes from Downtown Detroit and Detroit Riverwalk
  • Close to thriving neighborhoods in Islandview
  • Located minutes from Belle Isle and the Riverfront

Executive Summary

- Former Nursing Home Facility
- Potential Multi-Family/Office Redevelopment Opportunity
- Located in Opportunity Zone

Property Facts Under Contract

Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Medical
Building Size
28,000 SF
Building Class
C
Year Built
1937
Price
$499,900
Price Per SF
$18
Tenancy
Single
Building Height
2 Stories
Typical Floor Size
14,000 SF
Building FAR
1.19
Lot Size
0.54 AC
Opportunity Zone
Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning
R5 - Medium Density Residential District
1 of 1
Bike Score ®
Very Bikeable (73)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
Learn How It Works Detailed Scores

PROPERTY TAXES

Parcel Number 15-0080601 Improvements Assessment $0
Land Assessment $0 Total Assessment $349,200

PROPERTY TAXES

Parcel Number
15-0080601
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$349,200
(734) 377-8644

Contact

  • Cara Pimer
    Cara Pimer
  • Source Realty

  • Listing ID: 31961150

  • Date on Market: 3/18/2022

  • Last Updated:

  • Address: 505 E Grand Blvd, Detroit, MI 48207

More public record information on 505 E Grand Blvd, Detroit, MI 48207

The Office Property at 505 E Grand Blvd, Detroit, MI 48207 is currently available for sale. Contact Source Realty for more information.

Office PROPERTIES IN NEARBY NEIGHBORHOODS

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505 E Grand Blvd
(734) 377-8644 x

505 E Grand Blvd

Cara Pimer

(734) 377-8644

(734) 377-8644

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