12902 GRAND RIVER Avenue Detroit, MI ^$ 350,000

12902 GRAND RIVER Avenue

^$ 350,000

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12902 GRAND RIVER Avenue

Detroit, MI, 48227

^$ 350,000

Bedrooms-- Baths-- Sq 4,420

Monthly Estimate*

^$ 2,184

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12902 GRAND RIVER Avenue, Detroit, MI 48227 - Image 9

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Commercial Property for sale in Detroit, MI

for $350,000. This 4,420 square foot building was built 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!

Commercial Active

Price

^$ 350,000

Property Type

Commercial

Taxes

^$ 5,654

Style

Commercial/Industrial

Lot Size

0.1

Town/City

Detroit

County/Region

Wayne

MLS | Web ID

60361382

Features

General

Possession At Close

Water Public Water

Status Active Active

Year Built 19

Subdivision JOHN M. WELCHS MAYVIEW SUB (PLATS) MI

County Wayne

Class COM/IND/BUS OPP

Type Commercial/Industrial

Ownership Private

Municipality Detroit

Zoning Commercial

Sale/Rent For Sale

Status Detail 0

Area Detroit (82001)

Primary City Detroit

Directions E of Schaefer S of Schoolcraft

City Detroit

Financial Terms Cash Conventional

Legal Description N GRAND RIVER 67&68 JOHN M WELCHS MAYVIEW SUB L32 P59 PLATS W C R 22/67 44.5 X 100

DOM 492

Postal Code 48227

Price Per Sq Ft Total AG 79.19

Public Remarks Explore a standout investment opportunity with this commercial property. This property is ideally located in a high-visibility high-traffic area

Exterior

Exterior Brick Vinyl Siding

Frontage 45

Lot Size Area 0.1

Lot Dimensions 45.00 x 100.00

Roads Paved Street

Waterfront Y/N No

* Excluded Features

List By

Mariam Alchab

Listing Agent

Prime Realty I

Broker

mariamalrealtor@gmail.com

Affordability Calculator

$2,655

Per Month

Monthly Principal & Interest: $2,184
Monthly Property Taxes: $471
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 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

Trends
Schools

Commerical listings in Detroit, MI

Average List Price ^$501,124

Percent of Sale Price 43%

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
12/12/2025	$350,000	-12.28%	Price Down
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 $350,000 with 4,420 sqft and a lot size of 0.1. The property's zip code is 48227 which is in Detroit, MI

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: 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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12902 GRAND RIVER Avenue

Commercial Property for sale in Detroit, MI

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