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22200 Grand River Avenue Detroit, MI $ 1,565,000
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$ 1,565,000 Get more info
22200 Grand River Avenue
$ 1,565,000
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22200 Grand River Avenue

Detroit, MI, 48219
$ 1,565,000
Bedrooms-- Baths-- Sq 9,476

Monthly Estimate*

$ 9,636

22200 Grand River Avenue, Detroit, MI 48219 - Image 1
22200 Grand River Avenue, Detroit, MI 48219 - Image 2
22200 Grand River Avenue, Detroit, MI 48219 - Image 3
22200 Grand River Avenue, Detroit, MI 48219 - Image 4
22200 Grand River Avenue, Detroit, MI 48219 - Image 5
22200 Grand River Avenue, Detroit, MI 48219 - Image 6
22200 Grand River Avenue, Detroit, MI 48219 - Image 7

Commercial Property for sale in Detroit, MI

for $1,565,000. This 9,476 square foot building was built in 2012 on a lot size of 0.9.

Court-Appointed Receivership Sale. Freestanding 9,476 SF single-tenant net-leased (NNN) retail property located in the northwest area of Detroit, near the borders of Southfield and Redford in Wayne County, Michigan. The asset is positioned within a well-established retail corridor. Constructed in 2012, the property is fully leased to Family Dollar under a triple-net (NNN) lease structure with term remaining through September 2027. The tenant is presently operating within its first renewal period. The offering provides in-place cash flow with a clearly defined near-term lease maturity, complemented by multiple remaining renewal options (four 5-year options).

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Commercial Active

Price

$ 1,565,000

Property Type

Commercial

Taxes

$ 18,548

Style

RealEstateOnly

Lot Size

0.9

Year Built

2012

Town/City

Detroit

County/Region

Wayne

MLS | Web ID

20261031596
Features
General
Sewer PublicSewer
Possession AtClose
Garage Spaces 0.0
Construction Materials Brick
Year Built 2012
Property Subtype RealEstateOnly
Current Use Retail
County Wayne
Net Operating Income 129400.0
Operating Expense 0.0
New Construction N
Property Type CommercialSale
HOA N
Attached Garage N
Subdivision Name HART BROS
Garage Y/N N
Status Active
Directions Grand River Ave west of Lahser Rd.
City DetroitCity_Wayne
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 18548.0
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 Tenant
Tax Assessed Value 250409
Expected Active Date 2026-05-05
Legal Description N GRAND RIVER 6 THRU 3 AND PT N & ADJ SD LOTS 3 THRU 5 BG S 69 FT ON E LINE & S 60 FT ON W LINE HART BROS SUB L22 P56 PLATS W C R 22/383 201 X 196.50
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Exterior
Water Source Public
Foundation Details Slab
Spa N
Building Area Total 9476.0
Lot Dimensions 201X196.5
Lot Size Acres 0.9
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 9476.0
Above Grade Finished Area Unit Type SquareFeet
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Internal Only
Street Number 1 22200
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* Excluded Features
List By
Emil Cherkasov

Listing Agent

Forward Commercial Group

Broker

(248) 662-5066

Phone

Affordability Calculator

$11,182
Per Month
86%
14%
0%
Monthly Principal & Interest
$9,636
Monthly Property Taxes
$1,546
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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
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Pricing History
DatePricePrice ChangeDescription
5/5/2026$1,565,000 Listed Price

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22200 Grand River Avenue, Detroit, MI, 48219 is a Commercial Property for sale at $1,565,000 with 9,476 sqft and a lot size of 0.9. 22200 Grand River Avenue was built in 2012. The property's zip code is 48219 which is in Detroit, MI

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