21603 Grand River Avenue Detroit, MI $ 104,999
21603 Grand River Avenue
$ 104,999
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21603 Grand River Avenue

Detroit, MI, 48219
$ 104,999
Bedrooms-- Baths-- Sq 1,440

Monthly Estimate*

$ 655

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Commercial Property for sale in Detroit, MI

for $104,999. This 1,440 square foot building was built in 1949 on a lot size of 0.04.

PRIME LOCATION INVESTOR ALERT! Two-story mixed-use building located on Historic Grand River Avenue with excellent visibility in a high-traffic corridor with excellent frontage. Main level storefront ideal for retail, office or repair service business. Upper level has apartment / office space for additional rental income or mixed living / work use. Very solid structure with opportunity to modernize located near other funtioning thriving businesses in an area showing steady signs of revitalization and commercial growth. Great for owner-operators wanting to run a business main while living upstaris or developers looking for an affordable entry into the Detroit real estate mixed-use market. Across the street from Citizens Bank. Walking distance from Miejer Supermarket, NEW Credit Union, Grocery store and USPS Post office. Near public transportation, major highway, dining and other fine points of interest. Property sold "As Is" with Warranty Deed transfer. Shown by appointment only with advance notice. $495 transaction fee buyer payable at closing. Buyer agent to verify all information.

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Commercial Active

Price

$ 104,999

Property Type

Commercial

Taxes

$ 9,396

Style

RealEstateOnly

Lot Size

0.04

Year Built

1949

Town/City

Detroit

County/Region

Wayne

MLS | Web ID

20251010531

Features
General
Sewer PublicSewer
Heating Baseboard ForcedAir
Utilities AboveGroundUtilities
Possession AtClose
Roof Asphalt
Garage Spaces 0.0
Security Features Other
Construction Materials Brick
Exclusions Exclusion(s) Do Not Exist
Year Built 1949
Electric CircuitBreakers Fuses
Levels Two
Property Subtype RealEstateOnly
Current Use Retail
Business Type Commercial Retail
County Wayne
Net Operating Income 30000.0
Operating Expense 6000.0
New Construction N
Property Type CommercialSale
HOA N
Attached Garage N
Subdivision Name RUDOFFS A F SUB
Garage Y/N N
Building Features EmployeeLunchLounge Other Sidewalks
Status Active
Directions From McNichols and Grand River Avenue travel Northwest up Grand River Ave toward Lahser building will be on the left side of Grand River Ave across from Citizens Bank and next to Little Willies Barb
City DetroitCity_Wayne
Disclosures AnnualPropertyOperatingDataNotAvailable ConformstoZoning ExclusionsDoNotExist NoInventoryListAvailable NoRestrictions
Senior Community Y/N N
High School District Detroit
Zoning Description Commercial
MLS Area Area05032Det6To8GrnfldToLimits
Lot Size Units Acres
Carport Y/N N
Land Lease Y/N N
Tax Annual Amount 9396.0
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 MultipleOccupantTypes
Tax Assessed Value 53000
Expected Active Date 2025-06-30
Legal Description S GRAND RIVER E 20 FT OF 7 EXC GRAND RIVER AS WD A F RUDOFFS SUB L25 P3 PLATS W C R 22/399 20.01 X 79.8A
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Exterior
Parking Features Other
Water Source Public
Foundation Details Basement Block
Spa N
Building Area Total 2866.0
Lot Dimensions 20.01X79.8
Lot Size Acres 0.04
Waterfront Y/N N
Road Frontage Type ClassC Highway Paved
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Interior
Basement (Y/N) Y
Air Conditioning Y/N N
Heating Y/N Y
Fireplace Y/N N
Above Grade Finished Area 1440.0
Above Grade Finished Area Unit Type SquareFeet
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Internal Only
Street Number 1 21603
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* Excluded Features
List By
Milton G Owens-Crawford

Listing Agent

Reach Realty Group

Broker

(313) 363-3991

Phone

Affordability Calculator

$1,438
Per Month
46%
54%
0%
Monthly Principal & Interest
$655
Monthly Property Taxes
$783
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
10/4/2025$104,999 -4.55% Price Down
8/28/2025$109,999 -4.35% Price Down
7/28/2025$114,999 -8.00% Price Down
6/27/2025$124,999 Listed Price

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21603 Grand River Avenue, Detroit, MI, 48219 is a Commercial Property for sale at $104,999 with 1,440 sqft and a lot size of 0.04. 21603 Grand River Avenue was built in 1949. The property's zip code is 48219 which is in Detroit, MI