15924 Grand River Ave - Storefront FOR SALE


Detroit, MI 48227- Grandmont
$625,000 USD
248-702-0288
15924 Grand River Ave, Detroit, MI for Sale
$625,000 USD
Storefront - FOR SALE
1/5
null | Request Cap Rate

15924 Grand River Ave
Detroit, MI 48227
Grandmont


HIGHLIGHTS

  • INVESTMENT SUMMARY - The offering combines stable in-place income with meaningful upside potential through the lease-up of the second floor.
  • VALUE-ADD OPPORTUNITY -The second floor of the property is currently vacant and offers a straightforward value-add component.
  • LOCATION & MARKET POSITIONING - Situated on Grand River Ave, the property benefits from exceptional visibility, and high daily traffic counts.
  • PARKING & ACCESSIBILITY - Ample on-site and street-front parking provides convenient access for tenants, customers, and future second-floor occupants.

OVERVIEW

INVESTMENT SUMMARY - The offering combines stable in-place income with meaningful upside potential through the lease-up of the second floor. Its strong tenant retention, professional build-out, and strategic placement within a resilient Detroit submarket make 15924 Grand River a compelling opportunity for investors seeking a balanced blend of security and growth potential. The property’s operational stability, combined with its location-driven demand factors, positions it as an attractive addition to a diversified commercial real estate portfolio.

FOR SALE DETAILS

PRICE

$625,000 USD

PRICE/SF

$75 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

15924 Grand River Ave

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1946

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.1 AC

LAND SF

4,356 SF

ZONING

B-4

APN/PARCEL ID

22-008257

ASK ABOUT THIS PROPERTY

Deno BistolaridesEncore Real Estate Investment ServicesMore Info
248-702-0288

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Deno BistolaridesEncore Real Estate Investment ServicesMore Info
248-702-0288

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.