503 W GRAND Boulevard Detroit, MI $ 400,000
503 W GRAND Boulevard
$ 400,000
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503 W GRAND Boulevard

Detroit, MI, 48216
$ 400,000
Bedrooms-- Baths-- Sq 4,389

Monthly Estimate*

$ 2,495

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Commercial Property for sale in Detroit, MI

for $400,000. This 4,389 square foot building was built 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. While the building is in need of updates, it is equipped with the essential infrastructure required for a medical facility, including plumbing, electrical, and HVAC systems. Located on a busy street, this property offers excellent visibility and easy access to public transportation. It is situated in close proximity to major hospitals, universities, and downtown Detroit, making it an ideal location for a variety of businesses. Investors and business owners who are looking for a unique opportunity to create a custom space in a bustling location will appreciate the potential of 503 W Grand Blvd. With its prime location and flexible interior space, this building offers endless possibilities for those looking to make their mark in the heart of Detroit.

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Commercial Active

Price

$ 400,000

Property Type

Commercial

Taxes

$ 7,761

Style

Commercial/Industrial

Lot Size

0.15

Town/City

Detroit

County/Region

Wayne

MLS | Web ID

60404887

Features
General
Possession At Close
Water Public Water
Status Active Active
Year Built 19
Subdivision SCOTTEN LOVETT & DAVIS 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 Northwest Corner of Vernor and W Grand Blvd
City Detroit
Financial Terms Cash Conventional
Legal Description W-W GRAND BLVD S 10 FT 46 43 SCOTTEN LOVETT & DAVIS SUB L2 P19 PLATS W C R 14/39 60 X 107
DOM 167
Postal Code 48216
Price Per Sq Ft Total AG 91.14
Public Remarks 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
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Exterior
Exterior Brick
Frontage 60
Lot Size Area 0.15
Lot Dimensions 60.00 x 107.00
Roads Paved Street
Waterfront Y/N No
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* Excluded Features
List By
Christopher Deighton

Listing Agent

Exp Realty Main

Broker

chris@mittenmadeproperties.com

Email

Affordability Calculator

$3,142
Per Month
79%
21%
0%
Monthly Principal & Interest
$2,495
Monthly Property Taxes
$647
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
760529 Elementary School
760235 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
6/19/2025$400,000 Listed Price

Map


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503 W GRAND Boulevard, Detroit, MI, 48216 is a Commercial Property for sale at $400,000 with 4,389 sqft and a lot size of 0.15. The property's zip code is 48216 which is in Detroit, MI