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19314-19316 Grand River Ave 2,800 SF 100% Leased Retail Building Detroit, MI 48223 $200,000 ($71.43/SF)
Investment Highlights
- PRIME LOCATION ON GRAND RIVER IN ROSEDALE PARK
- MULTI UNIT COMMERCIAL
- HIGH TRAFFIC AREA
Executive Summary
2 UNIT COMMERCIAL BUILDING ON GRAND RIVER AVE IN PRIME ROSEDALE PARK. HIGH TRAFFIC AREA. BOTH UNITS ARE CURRENTLY OCCUPIED. ONE UNIT IS OCCUPIED WITH A DIGITAL MEDIA COMPANY AND OTHER UNIT IS A BEAUTY SALON.
Property Facts In Escrow
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
2,800 SF
Building Class
C
Year Built
1962
Price
$200,000
Price Per SF
$71.43
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.71
Lot Size
0.09 AC
Opportunity Zone
Yes
Zoning
B4 - COMMERCIAL RETAIL OR OFFICE
Frontage
34’ on Grand River Ave
Fairly walkable
50/100
Exceptionally drivable
100/100
Some public transit
40/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 22-0080212 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $61,100 |
Property Taxes
Parcel Number
22-0080212
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$61,100
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19314-19316 Grand River Ave
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