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32315 Grand River Ave 11,736 SF Retail Building Farmington, MI 48336 $1,500,000 ($127.81/SF)
Investment Highlights
- 11,736 SF Commercial Building on Grand River Ave
- Immediate Occupancy with Future Redevelopment Potential
- Properties are located within the Grand River Corridor Overlay District
- Prominent Grand River frontage with excellent exposure, connectivity, and accessibility for future users and residents
- Adjacent ownership has expressed willingness to sell, creating a potential 1.37-acre development site
- Zoning supports a variety of residential, commercial, and mixed-use concepts
Executive Summary
few opportunities to acquire, reposition, or redevelop a strategically located property within a mature and highly desirable suburban downtown district:
PLAN A: For owner-users, the existing 11,736 SF commercial building offers an immediate occupancy opportunity well-suited for retail, medical, showroom, or service-oriented uses. Previously occupied by a furniture retailer, the property benefits from an established building footprint and access to approximately 100 shared parking spaces through an easement agreement with the neighboring office property.
PLAN B: For developers seeking a transformative project, the 0.8-acre site is located within the Grand River Corridor Overlay District, providing enhanced development flexibility including increased density and building heights of up to four stories. The zoning framework supports a variety of mixed-use, residential, and commercial concepts, while eligible projects may qualify for valuable economic incentives, including Tax Increment Financing (TIF), helping improve overall project feasibility.
PLAN C: An even greater opportunity exists through the potential acquisition of the adjacent property at 32323 Grand River Avenue. Combined, the assemblage expands the site to approximately 1.37 acres, encompassing the full Grand River frontage and existing parking field. With access to Corridor Improvement Authority (CIA) incentives, flexible zoning allowances, and a walkable location near Downtown Farmington's restaurants, shops, and amenities, the property
offers a compelling infill development opportunity in one of metro Detroit's most desirable and established suburban downtown districts.
Property Facts
Amenities
- Air Conditioning
Space Availability
- Space
- Size
- Space Use
- Position
- Available
Located along the highly traveled Grand River corridor and within walking distance of Downtown Farmington, 32315 Grand River Avenue offers a rare opportunity to lease a substantial commercial building in one of Metro Detroit's most desirable suburban downtown markets. The 11,736 SF building has 11' ceilings, providing exceptional flexibility for a variety of retail, medical, showroom, fitness, educational, or serviceoriented users seeking a highly visible location with convenient customer access. Formerly occupied by a furniture retailer, the property features an efficient existing footprint that can be adapted to meet a wide range of business needs while minimizing the cost and time associated with new construction. Tenants also benefit from access to approximately 100 shared parking spaces through an established easement agreement, providing ample parking for customers, employees, and visitors.
| Space | Size | Space Use | Position | Available |
| 1st Floor | 11,736 SF | Retail | - | 30 Days |
1st Floor
| Size |
| 11,736 SF |
| Space Use |
| Retail |
| Position |
| - |
| Available |
| 30 Days |
1st Floor
| Size | 11,736 SF |
| Space Use | Retail |
| Position | - |
| Available | 30 Days |
Located along the highly traveled Grand River corridor and within walking distance of Downtown Farmington, 32315 Grand River Avenue offers a rare opportunity to lease a substantial commercial building in one of Metro Detroit's most desirable suburban downtown markets. The 11,736 SF building has 11' ceilings, providing exceptional flexibility for a variety of retail, medical, showroom, fitness, educational, or serviceoriented users seeking a highly visible location with convenient customer access. Formerly occupied by a furniture retailer, the property features an efficient existing footprint that can be adapted to meet a wide range of business needs while minimizing the cost and time associated with new construction. Tenants also benefit from access to approximately 100 shared parking spaces through an established easement agreement, providing ample parking for customers, employees, and visitors.
Nearby Major Retailers
Property Taxes
| Parcel Number | 23-27-451-067 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $459,120 |
Property Taxes
Presented by
32315 Grand River Ave
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