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21611 Grand River Ave 1,590 SF Retail Building Detroit, MI 48219 $165,000 ($103.77/SF)
Executive Summary
The space is configured as a restaurant with front seating, a service counter, cooking area,
pantry and prep space, and restrooms with storage in the rear. The current tenant is vacating
and will leave the booths, counter, and hood system. Rolling coolers, deep fryers, and cooktops
will be removed. The kitchen equipment is run with natural gas and there is 220 amp power
available for electric equipment.
Currently operating restaurant located in a vibrant, growing area just off the corner of Grand
River and McNichols. The roof was replaced five years ago, and a new water heater was
installed in 2025. The building is in excellent condition and requires only a light refresh to be
ready for business.
pantry and prep space, and restrooms with storage in the rear. The current tenant is vacating
and will leave the booths, counter, and hood system. Rolling coolers, deep fryers, and cooktops
will be removed. The kitchen equipment is run with natural gas and there is 220 amp power
available for electric equipment.
Currently operating restaurant located in a vibrant, growing area just off the corner of Grand
River and McNichols. The roof was replaced five years ago, and a new water heater was
installed in 2025. The building is in excellent condition and requires only a light refresh to be
ready for business.
Taxes & Operating Expenses (Actual - 2025) |
Annual | Annual Per SF |
|---|---|---|
| Taxes |
$2,306
|
$1.45
|
| Operating Expenses |
$1,590
|
$1.00
|
| Total Expenses |
$3,896
|
$2.45
|
Taxes & Operating Expenses (Actual - 2025)
| Taxes | |
|---|---|
| Annual | $2,306 |
| Annual Per SF | $1.45 |
| Operating Expenses | |
|---|---|
| Annual | $1,590 |
| Annual Per SF | $1.00 |
| Total Expenses | |
|---|---|
| Annual | $3,896 |
| Annual Per SF | $2.45 |
Property Facts
Sale Type
Owner User
Property Type
Retail
Property Subtype
Restaurant
Building Size
1,590 SF
Building Class
C
Year Built/Renovated
1948/2006
Price
$165,000
Price Per SF
$103.77
Tenancy
Single
Building Height
1 Story
Building FAR
0.88
Lot Size
0.04 AC
Opportunity Zone
Yes
Zoning
B-3 - General Business District
Fairly walkable
50/100
Exceptionally drivable
100/100
Some public transit
50/100
Fairly bikeable
40/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 22-007470 | Total Assessment | $41,800 |
| Land Assessment | $0 | Annual Taxes | $2,306 ($1.45/SF) |
| Improvements Assessment | $0 | Tax Year | 2025 Payable 2025 |
Property Taxes
Parcel Number
22-007470
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$41,800
Annual Taxes
$2,306 ($1.45/SF)
Tax Year
2025 Payable 2025
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21611 Grand River Ave