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15725 - 15749 Grand River Ave 15725 Grand River Ave 7,505 SF 100% Leased Retail Building Detroit, MI 48227 $765,000 ($101.93/SF)
Investment Highlights
- Value-Add Potential: Targeted improvements—particularly façade, windows, and interior customization—can quickly elevate market appeal and rental rates
- Established Commercial Corridor: Located along a major west-side arterial with strong visibility, daily traffic, and a history of durable commercial
- Redevelopment Opportunity: Well-suited for repositioning into a neighborhood shopping center or multi-tenant retail plaza. Large combined frontage
- Owner-User or Investor Flexibility: Suitable for an owner-occupant seeking a customizable footprint or an investor pursuing multitenant lease-up
Executive Summary
Value-Add Potential: Targeted improvements—particularly façade, windows, and interior customization—can quickly elevate market appeal and rental rates. The gutted building offers a blank canvas for immediate build-out, while the larger structure allows efficient multi-tenant or single-user reconfiguration. Corridor revitalization enhances long-term upside for repositioning and lease-up strategies.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
7,505 SF
Building Class
C
Year Built
1929
Price
$765,000
Price Per SF
$101.93
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.45
Lot Size
0.38 AC
Zoning
B$ - General Business District
Walk Score®
Very Walkable (79)
Nearby Major Retailers
Property Taxes
| Parcel Number | 22-0070925 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $28,100 |
Property Taxes
Parcel Number
22-0070925
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$28,100
Contacts
-
Deno Bistolarides -
Eric Reed -
Kishon Harbert -
Encore Real Estate Investment Services
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15725 - 15749 Grand River Ave | 15725 Grand River Ave
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