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503 W Grand Boulevard Detroit, MI $ 550,000
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$ 550,000 Get more info
503 W Grand Boulevard
$ 550,000
Back to search
Share Save

503 W Grand Boulevard

Detroit, MI, 48216
$ 550,000
Baths0.0

Monthly Estimate*

$ 3,842

503 W Grand Boulevard, Detroit, MI 48216 - Image 1
503 W Grand Boulevard, Detroit, MI 48216 - Image 2
Studio

Commercial Property for sale in Detroit, MI

for $550,000. This building was built in 1971 on a lot size of 0.15.

Introducing 503 W Grand Blvd, a rare opportunity to own a vacant medical building located in the heart of Detroit, MI. This spacious property is in need of updates, making it the perfect canvas for investors and business owners looking to create a custom space. With over 7,500 square feet of interior space, this building offers ample room to accommodate a variety of businesses, from medical practices to creative studios or office area. The building features multiple levels, with large open rooms, private offices, and plenty of storage capacity.

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Commercial Active

Price

$ 550,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 7,482

Style

Retail/Commercial

Lot Size

0.15

Year Built

1971

Town/City

Detroit

County/Region

Wayne

MLS | Web ID

24003804
Features
General
Sewer Public Sewer
Utilities Public Water Available Public Sewer Available Electric Available None Connected
Year Built 1971
Property SubType Retail/Commercial
Tax Year 2023
Business Type Professional/Office
County Wayne
New Construction N
Property Type Commercial Sale
Status Active
Directions Northwest Corner of Vernor and W Grand Blvd
City Detroit
High School District Detroit
Total Units 0
MLS Area Wayne County - 100
Lot Size Square Feet 6534.0
Waterfront Y/N N
Street Name Grand
Land Lease Y/N N
Tax Annual Amount 7482.0
Lease Renewal Y/N N
MLS Area Minor Wayne County - 100
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Days on Market 95
Standard Status Active
Tax Assessed Value 88668
Legal Description BLK:309 DIST:01 CITY/MUNI/TWP:DETROIT CITY SUBD:SCOTTEN LOVETT DAVIS SUB W-W
Senior Community None
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Interior
Total Fireplaces 1
Total Stories 4389
Basement (Y/N) N
Air Conditioning Y/N N
Heating Y/N N
Full Baths 0
Street Suffix Boulevard
Electric On Property Y/N N
Total Baths 0
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Exterior
Water Source Public None
Inclusions {u'Non-Applicable': True}
Lot Size Area 0.15
Foundation Details Other
Number of Buildings 1
Spa N
Building Area Total 4389.0
Lot Dimensions 60 x 107
Lot Size Acres 0.15
Lot Size Units Acres
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 503
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* Excluded Features
List By
Exp Realty, Llc

Broker

chris.deighton@deightongroup.com

Email

Affordability Calculator

$4,465
Per Month
86%
14%
0%
Monthly Principal & Interest
$3,842
Monthly Property Taxes
$624
Monthly 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
THE TIME TO SELL IS NOW!
Nearby
3706345 Elementary School
3706341 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
1/18/2024$550,000 Listed Price

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503 W Grand Boulevard, Detroit, MI, 48216 is a Commercial Property for sale at $550,000 with a lot size of 0.15. 503 W Grand Boulevard is a studio with 0.0 baths and was built in 1971. The property's zip code is 48216 which is in Detroit, MI

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