22200 Grand River Avenue Detroit, MI ^$ 1,565,000

22200 Grand River Avenue

^$ 1,565,000

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Recently Listed

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 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).

Commercial Active

Price

^$ 1,565,000

Property Type

Commercial

Taxes

^$ 18,548

Style

Commercial/Industrial

Lot Size

0.9

Town/City

Detroit

County/Region

Wayne

MLS | Web ID

60989971

Features

General

Possession At Close

Water Public Water

Status Active Active

Year Built 20

Subdivision Hart Bros 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 Grand River Ave west of Lahser Rd.

City Detroit

Financial Terms Cash Conventional

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

DOM 4

Postal Code 48219

Price Per Sq Ft Total AG 165.15

Public Remarks Court-Appointed Receivership Sale. Freestanding 9 476 SF single-tenant net-leased (NNN) retail property located in the northwest area of Detroit

Exterior

Exterior Brick

Frontage 201

Lot Size Area 0.9

Lot Dimensions 201X196.5

Roads Paved Street

Waterfront Y/N No

* Excluded Features

List By

Emil Cherkasov

Listing Agent

Forward Commercial Group

Broker

emil@forwardcommercial.com

Affordability Calculator

$11,182

Per Month

Monthly Principal & Interest: $9,636
Monthly Property Taxes: $1,546
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 6.25% 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

Trends
Schools

Commerical listings in Detroit, MI

Average List Price ^$445,760

Percent of Sale Price 72%

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
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. The property's zip code is 48219 which is in Detroit, MI

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: 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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22200 Grand River Avenue

Commercial Property for sale in Detroit, MI

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