29222-29240 Grand River Ave - Storefront Retail/Residential FOR SALE


Farmington, MI 48336 | 
$1,650,000 USD
313-312-5764
29222-29240 Grand River Ave, Farmington, MI for Sale
$1,650,000 USD
Storefront Retail/Residential - FOR SALE
1/17
null | Request Cap Rate

29222-29240 Grand River Ave
Farmington, MI 48336


HIGHLIGHTS

  • Grand River Frontage
  • Modern Renovations
  • Stable Residential Income

OVERVIEW

Located prominently on Grand River Avenue just east of Middlebelt, this mixed-use property offers excellent visibility and flexibility. With 5,400 square feet of first floor retail or office space, it provides ample room for your business to grow and thrive. This building also features nine apartments, 8 single bedroom and 1 double bedroom, offering a unique blend of commercial and residential spaces and income potential. The apartments have been recently renovated, ensuring modern comfort for tenants. The property boasts over 20 parking spaces, adding to its convenience.

FOR SALE DETAILS

PRICE

$1,650,000 USD

PRICE/SF

$160 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

ADD'L SUBTYPES

Storefront, Storefront Retail/Office, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1950

SPRINKLERS

-

PARKING SPACES

12

LAND DETAILS

LAND ACRES

0.31 AC

LAND SF

13,504 SF

ZONING

B3

APN/PARCEL ID

23-36-302-008

ASK ABOUT THIS PROPERTY

Trevor BrooksKW CommercialMore Info
313-312-5764

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

Trevor BrooksKW CommercialMore Info
313-312-5764

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