12902 GRAND RIVER Avenue Detroit, MI $ 399,000
12902 GRAND RIVER Avenue
$ 399,000
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12902 GRAND RIVER Avenue

Detroit, MI, 48227
$ 399,000
Bedrooms-- Baths-- Sq 4,420

Monthly Estimate*

$ 2,489

12902 GRAND RIVER Avenue, Detroit, MI 48227 - Image 1
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12902 GRAND RIVER Avenue, Detroit, MI 48227 - Image 17

Commercial Property for sale in Detroit, MI

for $399,000. This 4,420 square foot building was built in 1955 on a lot size of 0.1.

Explore a standout investment opportunity with this commercial property. This property is ideally located in a high-visibility, high-traffic area, ensuring maximum exposure for any business. Featuring a generous floor plan, contemporary facilities, and flexible zoning, it offers endless possibilities for retail, office space, or other commercial ventures. Its prime location and strong potential make it a smart addition to any real estate portfolio. Act now to capitalize on this prime piece of commercial real estate and set the stage for your business success!

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Commercial Active

Price

$ 399,000

Property Type

Commercial

Taxes

$ 5,654

Style

RealEstateOnly

Lot Size

0.1

Year Built

1955

Town/City

Detroit

County/Region

Wayne

MLS | Web ID

20240093706

Features
General
Sewer PublicSewer
Possession AtClose
Construction Materials Brick VinylSiding
Year Built 1955
Levels One
Property Subtype RealEstateOnly
Current Use Commercial
County Wayne
Net Operating Income 0.0
Operating Expense 0.0
New Construction N
Property Type CommercialSale
HOA N
Attached Garage N
Subdivision Name JOHN M. WELCHS MAYVIEW SUB (PLATS)
Garage Y/N N
Status Active
Directions E of Schaefer S of Schoolcraft
City DetroitCity_Wayne
Senior Community Y/N N
High School District Detroit
Zoning Description Commercial
MLS Area Area05042Det6TireGrnfldLivernois
Lot Size Units Acres
Carport Y/N N
Land Lease Y/N N
Tax Annual Amount 5654.0
Home Warranty Y/N N
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Standard Status Active
Occupancy Type Vacant
Tax Assessed Value 69300
TaxOtherAnnualAssessmentAmount 100.0
Expected Active Date 2024-12-23
Legal Description N GRAND RIVER 67&68 JOHN M WELCHS MAYVIEW SUB L32 P59 PLATS W C R 22/67 44.5 X 100
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Exterior
Water Source Public
Lot Size Area 0.1
Spa N
Building Area Total 4420.0
Lot Dimensions 45.00 x 100.00
Lot Size Acres 0.1
Waterfront Y/N N
Road Frontage Type Paved
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Interior
Basement (Y/N) N
Air Conditioning Y/N N
Heating Y/N N
Fireplace Y/N N
Above Grade Finished Area 4420.0
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Internal Only
Street Number 1 12902
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* Excluded Features
List By
Mariam Alchab

Listing Agent

Prime Realty I

Broker

(313) 247-2227

Phone

Affordability Calculator

$2,960
Per Month
84%
16%
0%
Monthly Principal & Interest
$2,489
Monthly Property Taxes
$471
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% 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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Nearby
848539 Elementary School
848135 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
5/25/2025$399,000 -20.04% Price Down
12/23/2024$499,000 Listed Price

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12902 GRAND RIVER Avenue, Detroit, MI, 48227 is a Commercial Property for sale at $399,000 with 4,420 sqft and a lot size of 0.1. 12902 GRAND RIVER Avenue was built in 1955. The property's zip code is 48227 which is in Detroit, MI