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19314-19316 Grand River Ave 2,800 SF Vacant Retail Building Detroit, MI 48223 $200,000 ($71.43/SF)

Storefront Properties Michigan Detroit 19314-19316 Grand River Ave, Detroit, MI 48223

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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
Storefront
Building Size
2,800 SF
Building Class
C
Year Built
1962
Price
$200,000
Price Per SF
$71.43
Percent Leased
Vacant
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.71
Lot Size
0.09 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
B4 - Commercial Zoned District

Amenities

  • Signage
  • Tenant Controlled HVAC
  • Storage Space
  • Air Conditioning
  • Smoke Detector

Space Availability

  • Space
  • Size
  • Space Use
  • Position
  • Available
  • 19314
  • 1,400 SF
  • Retail
  • -
  • Now

(2) 1,400 sq. ft. units, $1,000 per unit Gross in Rosedale Park.

  • 19316
  • 1,400 SF
  • Retail
  • -
  • Now

(2) 1,400 sq. ft. units, $1,000 per unit Gross in Rosedale Park.

Space Size Space Use Position Available
19314 1,400 SF Retail - Now
19316 1,400 SF Retail - Now

19314

Size
1,400 SF
Space Use
Retail
Position
-
Available
Now

19316

Size
1,400 SF
Space Use
Retail
Position
-
Available
Now

19314

Size 1,400 SF
Space Use Retail
Position -
Available Now

(2) 1,400 sq. ft. units, $1,000 per unit Gross in Rosedale Park.

19316

Size 1,400 SF
Space Use Retail
Position -
Available Now

(2) 1,400 sq. ft. units, $1,000 per unit Gross in Rosedale Park.

1 1
Fairly walkable
50/100
Exceptionally drivable
100/100
Some public transit
40/100
Fairly bikeable
50/100
Source: Local Logic®

Nearby Major Retailers

Fifth Third Bank
Rent-A-Center
Chase Bank
Checkers
Bank of America
Bank of America Mortgage

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
(313) 451-0202

Still interested?

Contact the broker for more information about this property

Contact

  • Listing ID: 29941812

  • Date on Market: 11/1/2023

  • Last Updated:

  • Address: 19314-19316 Grand River Ave, Detroit, MI 48223

The Rosedale Retail Property at 19314-19316 Grand River Ave, Detroit, MI 48223 is currently available. Contact ARG AMERICAN REALTY GROUP for more information.

RETAIL PROPERTIES IN NEARBY NEIGHBORHOODS

NEW NEARBY RETAIL LISTINGS

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19314-19316 Grand River Ave

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