33409-33425 Grand River Ave - Office FOR SALE


Farmington, MI 48335- Downtown Farmington
$1,600,000 USD
248-470-5328
33409-33425 Grand River Ave, Farmington, MI for Sale
$1,600,000 USD
Office - FOR SALE
1/3
null | 5.7% Cap Rate

33409-33425 Grand River Ave
Farmington, MI 48335
Downtown Farmington


OVERVIEW

Exceptional investor or owner/user opportunity in the heart of Farmington’s thriving Downtown. This mixed-use property includes two parcels 33409–33419 and 33423–33425 Grand River Avenue with a combination of office, retail, service, and entertainment/leisure spaces for diversified income. 14 reserved spaces with a large adjacent municipal lot. Prime Grand River Avenue frontage ensures excellent visibility in a highly walkable downtown surrounded by restaurants, shops, parks, and cultural attractions, with easy access to major freeways. Downtown Farmington is nationally recognized for the growth and improvements of its vibrant central business district, as well as for the year-round events that draw consistent foot traffic including more than six million visitors from spring through fall 2024, according to statistics from Oakland County.

FOR SALE DETAILS

PRICE

$1,600,000 USD

PRICE/SF

$145 USD /SF

CAP RATE

5.7%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

1933

SPRINKLERS

-

PARKING SPACES

14

LAND DETAILS

LAND ACRES

0.23 AC

LAND SF

10,019 SF

ZONING

BI

APN/PARCEL ID

23-28-278-004,23-28-278-005

ASK ABOUT THIS PROPERTY

Todd CraftCity Life RealtyMore Info
248-470-5328

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Todd CraftCity Life RealtyMore Info
248-470-5328

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