5100 GRAND RIVER Avenue Detroit, MI ^$ 1,300,000

5100 GRAND RIVER Avenue

^$ 1,300,000

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5100 GRAND RIVER Avenue

Detroit, MI, 48208

^$ 1,300,000

Studio Baths0.0 Sq 17,732

Monthly Estimate*

^$ 9,081

5100 GRAND RIVER Avenue, Detroit, MI 48208 - Image 1

5100 GRAND RIVER Avenue, Detroit, MI 48208 - Image 2

5100 GRAND RIVER Avenue, Detroit, MI 48208 - Image 3

5100 GRAND RIVER Avenue, Detroit, MI 48208 - Image 4

5100 GRAND RIVER Avenue, Detroit, MI 48208 - Image 5

5100 GRAND RIVER Avenue, Detroit, MI 48208 - Image 6

5100 GRAND RIVER Avenue, Detroit, MI 48208 - Image 7

5100 GRAND RIVER Avenue, Detroit, MI 48208 - Image 8

5100 GRAND RIVER Avenue, Detroit, MI 48208 - Image 9

5100 GRAND RIVER Avenue, Detroit, MI 48208 - Image 10

5100 GRAND RIVER Avenue, Detroit, MI 48208 - Image 11

5100 GRAND RIVER Avenue, Detroit, MI 48208 - Image 12

Studio

Commercial Property for sale in Detroit, MI

for $1,300,000. This 17,732 square foot building was built on a lot size of 0.47.

Can be used for Cannabis growing, processing, provisioning, transporting or cultivating with conditional approval from the city. Rare industrial building in Detroit's West Submarket! 17,438 square feet of industrial prime area. Five 10' x 12' drive-in bay doors, .475 acres. Prominent Grand River Industrial frontage. Less than .25 miles from I-94 & I-96. M4 intensive industrial zoning. Monument signage available. Mezzanine. Easy showings!

Commercial Active

Price

^$ 1,300,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 4,217

Style

Commercial/Industrial

Lot Size

0.47

Town/City

Detroit

County/Region

Wayne

MLS | Web ID

60243304

Features

General

Possession At Close

Roof Asphalt

Water Public Water

Status Active Active

Year Built 19

Subdivision MORE THAN ONE SUBDIVISION INVOLVED MI

County Wayne

Class COM/IND/BUS OPP

Type Commercial/Industrial

Percent Ownership Private

Municipality Detroit

Zoning Commercial Industrial

Area Detroit (82001)

Primary City Detroit

Directions Property is South of I-94 East of I-96 Freeways.

City Detroit

Street Name GRAND RIVER

Financial Terms Cash Conventional

Legal Description N GRAND RIVER TRIANG PARCEL BG E 45 FT ON N LINE OF GRAND RIVER AVE & S 57.34 FT ON W LINE OF LOT 861 OF STANTONS SUB P C 473 S 300 FT 861 STANTONS SUB L16 P26 PLATS W C R 10/47 171.38 IRREG

DOM 264

Postal Code 48208

Price Per Sq Ft 73.31

Coming Soon Can be used for Cannabis growing processing provisioning transporting or cultivating with conditional approval from the city. Rare industrial building in Detroit's West Submarket! 17

Exterior

Exterior Brick Cedar

Frontage 170

Lot Size Area 0.47

Lot Dimensions 171.00 x 120.00

Roads Class A

Waterfront Y/N No

* Excluded Features

List By

Avery Piantedosi

Listing Agent

Max Broock, RealtorsãÂ®-Birmingham

Broker

avery@maxbroock.com

Affordability Calculator

$9,432

Per Month

Monthly Principal & Interest: $9,081
Monthly Property Taxes: $351
Monthly Home Insurance: --

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Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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THE TIME TO SELL IS NOW!

Nearby

Trends
Schools

Commerical listings in Detroit, MI

Average List Price ^$473,955

Percent of Sale Price 64%

About Detroit, MI

633,657 Population

-33% Since 2002

^$26,977 Median Income

36.23 Median Age

26% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

760529 Elementary School

760235 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
8/5/2023	$1,300,000	-31.58%	Price Down
8/3/2023	$1,900,000		Listed Price

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5100 GRAND RIVER Avenue, Detroit, MI, 48208 is a Commercial Property for sale at $1,300,000 with 17,732 sqft and a lot size of 0.47. 5100 GRAND RIVER Avenue is a studio with 0.0 baths. The property's zip code is 48208 which is in Detroit, MI

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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5100 GRAND RIVER Avenue

Commercial Property for sale in Detroit, MI

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