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33604 Grand River Ave 4,214 SF 100% Leased Office Building Farmington, MI 48335 $630,000 ($149.50/SF)
Investment Highlights
- 4,214 SF landmark multi-tenant office building
- Annual Rent Growth – 1.5% built-in escalations
- High-End Buildout with glass, marble & luxury stone finishes
- Stable In-Place Income – 61% leased to financial services tenant
- Value-Add Opportunity – Second floor available for lease or owner-user
- Private on-site parking with 13 dedicated spaces
Executive Summary
Positioned along the award-winning Main Street in the heart of downtown Farmington, this 4,214 SF multi-tenant office building presents a rare opportunity to acquire a well-appointed asset with both in-place income and meaningful upside potential. The property is currently 61% leased to a financial services firm, providing a stable and predictable revenue stream with approximately five years of remaining lease term, 1.5% annual escalations, and a valuable 10-year renewal option—offering long-term tenancy security and income continuity. The second floor, currently configured with four private offices, a full kitchen, and two restrooms, offers immediate lease-up or owner-user potential, allowing investors to increase cash flow or occupy a portion of the asset while maintaining income from the existing tenant.
Featuring a high-end interior buildout with glass, marble, and luxury stone finishes, the property delivers a professional and modern environment attractive to a wide range of office and service-based users. Its prominent location within the Downtown Development Authority (DDA) District provides exceptional walkability to restaurants, retail, and community amenities—further enhancing tenant demand and long-term value. With dedicated on-site parking and strong visibility along one of the region’s most recognized downtown corridors, this offering combines stability, flexibility, and future growth potential in one of Metro Detroit’s most desirable suburban downtowns.
Featuring a high-end interior buildout with glass, marble, and luxury stone finishes, the property delivers a professional and modern environment attractive to a wide range of office and service-based users. Its prominent location within the Downtown Development Authority (DDA) District provides exceptional walkability to restaurants, retail, and community amenities—further enhancing tenant demand and long-term value. With dedicated on-site parking and strong visibility along one of the region’s most recognized downtown corridors, this offering combines stability, flexibility, and future growth potential in one of Metro Detroit’s most desirable suburban downtowns.
Property Facts
Sale Type
Investment
Property Type
Office
Building Size
4,214 SF
Building Class
B
Year Built/Renovated
1956/2021
Price
$630,000
Price Per SF
$149.50
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
2,500 SF
Building FAR
0.44
Lot Size
0.22 AC
Zoning
R10, Farmington - Commercial
Parking
13 Spaces (3.08 Spaces per 1,000 SF Leased)
Amenities
- 24 Hour Access
- Conferencing Facility
- Signage
- Kitchen
- Central Heating
- Reception
- Secure Storage
- Air Conditioning
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- Bluewater Investment Strategies
- Professional, Scientific, and Technical Services
- -
- -
- -
-
- Professional, Scientific, and Technical Services
- -
- -
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| Bluewater Investment Strategies | Professional, Scientific, and Technical Services | - | - | - | ||
|
|
Professional, Scientific, and Technical Services | - | - | - |
Moderately walkable
60/100
Exceptionally drivable
90/100
Limited public transit
30/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 23-28-231-011 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $286,740 |
Property Taxes
Parcel Number
23-28-231-011
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$286,740
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33604 Grand River Ave
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