2455 Grand River Avenue Detroit, MI $ 3,190,988
2455 Grand River Avenue
$ 3,190,988
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2455 Grand River Avenue

Detroit, MI, 48201
$ 3,190,988
Bedrooms-- Baths-- Sq 20,000

Monthly Estimate*

$ 19,647

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Commercial Property for sale in Detroit, MI

for $3,190,988. This 20,000 square foot building was built in 1920 on a lot size of 0.42.

Presenting a premier redevelopment opportunity at 2455 Grand River Ave, Detroit, now featuring seven additional, contiguous properties for a combined footprint of nearly 2 acres. The entire assemblage, including an extra building, is available for $8.9 million—offering unmatched scale and flexibility in downtown Detroit’s most exciting growth corridor. This extraordinary site is positioned directly across from the new University of Michigan Innovation Center, soon to be the centerpiece of the University of Michigan’s expanding downtown Detroit campus. Situated at the forefront of Detroit’s transformation, this location guarantees maximum visibility, foot traffic, and direct access to one of the city’s most dynamic neighborhoods. Developers and investors have a truly open canvas: existing zoning allows for redevelopment up to three stories, but there are no height restrictions—create as high a rise as your vision allows. Whether you imagine a landmark residential, commercial, or mixed-use high-rise, this property provides the rare chance to reshape Detroit’s skyline while capitalizing on sweeping city views and bustling street activity. The offering boasts exceptional walkability and accessibility, just moments from the Detroit Institute of Arts, Comerica Park, and a host of acclaimed restaurants, entertainment venues, and parks. The location ensures seamless connectivity to downtown’s business district, public transit, and major highways, making it a premier choice for any ambitious project. Take advantage of this rare assemblage adjacent to the transformative new U of M campus—an opportunity to lead Detroit’s next era of growth. For additional information or to arrange a private tour of 2455 Grand River Ave and its adjoining properties, contact us today and bring your vision to life.

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Commercial Active

Price

$ 3,190,988

Property Type

Commercial

Taxes

$ 12,105

Style

RealEstateOnly

Lot Size

0.42

Year Built

1920

Town/City

Detroit

County/Region

Wayne

MLS | Web ID

20251009945

Features
General
Sewer PublicSewer
Possession AtClose
Garage Spaces 0.0
Construction Materials Brick
Year Built 1920
Levels Three
Property Subtype RealEstateOnly
Current Use Automotive Commercial ConvenienceStore MedicalDental MixedUse MultiFamily Office Other Residential Restaurant Retail Vacant Warehouse
Business Type Agriculture Apartments Commercial GasStation HotelMotel Industrial Medical Manufacturing Mixed ProfessionalOffice Recreation Residential Retail Warehouse Wholesale
County Wayne
Net Operating Income 1000000.0
Operating Expense 0.0
New Construction N
Property Type CommercialSale
HOA N
Attached Garage N
Subdivision Name MORE THAN ONE SUB INVOLVED
Garage Y/N N
Status Active
Directions i75 Grand River Avenue Downtown Detroit exit on the Northwest side
City DetroitCity_Wayne
Senior Community Y/N N
High School District Detroit
Zoning Description Commercial HeavyIndustry MultiFamily Multiple
Number Of Units Total 16
MLS Area Area05101DetSouthOfGrandRiver
Lot Size Units Acres
Carport Y/N N
Land Lease Y/N N
Tax Annual Amount 12105.0
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 Vacant
Tax Assessed Value 96575
Expected Active Date 2025-06-21
Legal Description S GRAND RIVER 9&10 BLK 72 CASS FARM SUB L1 P173 PLATS W C R 4/18 ALSO THAT PT OF P C 247 LYG BETW E LINE OF LOT 9 SUB OF BLK 72 CASS FARM EXTD SLY TO N LINE OF ALLEY 1ST S OF GRD RIVER & E OF & ADJ
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Exterior
Water Source Public
Foundation Details Basement BrickMortar
Spa N
Building Area Total 20000.0
Lot Dimensions 185X100
Lot Size Acres 0.42
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) Y
Air Conditioning Y/N N
Heating Y/N N
Fireplace Y/N N
Above Grade Finished Area 20000.0
Above Grade Finished Area Unit Type SquareFeet
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Internal Only
Street Number 1 2455
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* Excluded Features
List By
Rashad Elabed

Listing Agent

Jna Real Estate

Broker

(734) 497-5558

Phone

Affordability Calculator

$20,656
Per Month
95%
5%
0%
Monthly Principal & Interest
$19,647
Monthly Property Taxes
$1,009
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
Pricing History
DatePricePrice ChangeDescription
6/21/2025$3,190,988 Listed Price

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2455 Grand River Avenue, Detroit, MI, 48201 is a Commercial Property for sale at $3,190,988 with 20,000 sqft and a lot size of 0.42. 2455 Grand River Avenue was built in 1920. The property's zip code is 48201 which is in Detroit, MI