3003 E Grand Blvd - Showroom FOR SALE


Detroit, MI 48202- Milwaukee Junction
$750,000 USD
313-974-1830
3003 E Grand Blvd, Detroit, MI for Sale
$750,000 USD
Showroom - FOR SALE
1/25
null | Request Cap Rate

3003 E Grand Blvd
Detroit, MI 48202
Milwaukee Junction


HIGHLIGHTS

  • Attractive development zoning
  • Close to downtown
  • Three structures on one parcel

OVERVIEW

3003 East Grand Blvd presents a rare opportunity to invest in the city. Featuring three separate structures on a single parcel and located just blocks from Woodward. The property includes a historic residence built in 1874, a warehouse, and a workshop. The house measures 2,340 sq ft, the warehouse 2,488 sq ft, and the workshop 1,120 sq ft, providing ample space for creative, mixed-use development. Zoned SB2, the property offers exceptional flexibility and a wider range of permitted uses than many traditional zoning classifications. Potential uses include a bar or restaurant, without the typical parking requirements, as well as live/work spaces with light manufacturing. Single family housing is also permitted. The zoning supports walkability and neighborhood oriented development. Superbly located in this rapidly developing neighborhood. Additional information form the Detroit Historical Society: 1874 would likely make it one of the earliest structures in that area. That portion of the city wasn't even annexed until the following year, 1875. So when it was built, it was just outside the Detroit city limits. Grand Boulevard didn't begin construction until 1891.

FOR SALE DETAILS

PRICE

$750,000 USD

PRICE/SF

$126 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Bartlett Arborist

PROPERTY TYPE

Flex

PROPERTY SUBTYPE

Showroom

ADD'L SUBTYPES

undefined, Bar, Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

4

YEAR BUILT

1874

UTILITIES

-

CLEAR CEILING HT

12 Ft

DOCKS

-

DRIVE INS

1

PARKING SPACES

6

LAND DETAILS

LAND ACRES

0.18

LAND SF

8,031

ZONING

SB2

APN/PARCEL ID

01-001928

ASK ABOUT THIS PROPERTY

Alex LauerClyde Realty, LLCMore Info
313-974-1830

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Alex LauerClyde Realty, LLCMore Info
313-974-1830

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