248-702-0288
2590 W Grand Blvd, Detroit, MI for Sale
Drug Store - FOR SALE
1/8
null | Request Cap Rate

2590 W Grand Blvd
Detroit, MI 48208
Rosa Parks


HIGHLIGHTS

  • Positioned within Detroit’s $3B+ Transformation Corridor, anchored by the $3B+ Henry Ford Health expansion and $75M Motown Museum expansion
  • Modern Construction (2001) with existing infrastructure in place for repositioning or adaptive reuse
  • 11,560 SF Freestanding Retail Building with flexible layout for single or multitenant use
  • Zoned B4 (General Business District) allowing for a wide range of commercial and redevelopment opportunities
  • Surrounded by Major Institutional Investment and Dense Urban Population, driving long-term demand and value

OVERVIEW

2590 W Grand Blvd presents an opportunity to acquire a freestanding retail asset positioned along one of Detroit's most active redevelopment corridors. Located on West Grand Boulevard near the Henry Ford Health campus and the Motown Museum, the property sits within an area benefiting from significant public and private investment that continues to reshape the surrounding neighborhood. The location offers direct access to major city thoroughfares and connectivity to Downtown Detroit, Midtown, New Center, and surrounding residential communities, supporting long-term commercial demand. Constructed in 2001, the building features existing retail infrastructure that can support continued occupancy, repositioning, or adaptive reuse. Its freestanding configuration, dedicated parking, drive-thru component, and prominent frontage along West Grand Boulevard provide operational flexibility for a variety of retail, service, medical, or commercial users. The property's B4 General Business District zoning further expands the range of potential redevelopment and occupancy strategies available to future ownership. Detroit's continued investment in healthcare, cultural institutions, and neighborhood revitalization has increased attention on the West Grand Boulevard corridor. Nearby expansion activity associated with Henry Ford Health and the Motown Museum has brought additional development momentum to the area, creating an environment where investors can capitalize on both existing infrastructure and future growth. The combination of visibility, accessibility, flexible zoning, and surrounding investment activity positions the property as a compelling acquisition opportunity for investors, owner-users, and redevelopment-focused buyers seeking exposure to one of Detroit's evolving commercial districts.

FOR SALE DETAILS

PRICE

Request Info for Price

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY NAME

A Corridor in Motion

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Drug Store

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2001

SPRINKLERS

-

PARKING SPACES

42

LAND DETAILS

LAND ACRES

1 AC

LAND SF

43,560 SF

ZONING

B4

APN/PARCEL ID

08-0015523

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.