33604 Grand River Ave - Office FOR SALE


Farmington, MI 48335
$630,000 USD
248-701-9001
33604 Grand River Ave, Farmington, MI for Sale
$630,000 USD
Office - FOR SALE
1/37
null | Request Cap Rate

33604 Grand River Ave
Farmington, MI 48335


HIGHLIGHTS

  • 4,214 SF landmark multi-tenant office building
  • Stable In-Place Income – 61% leased to financial services tenant
  • Annual Rent Growth – 1.5% built-in escalations
  • Value-Add Opportunity – Second floor available for lease or owner-user
  • High-End Buildout with glass, marble & luxury stone finishes
  • Private on-site parking with 13 dedicated spaces

OVERVIEW

Positioned along the award-winning Main Street in the heart of downtown Farmington, this 4,214 SF multi-tenant office building presents a rare opportunity to acquire a well-appointed asset with both in-place income and meaningful upside potential. The property is currently 61% leased to a financial services firm, providing a stable and predictable revenue stream with approximately five years of remaining lease term, 1.5% annual escalations, and a valuable 10-year renewal option—offering long-term tenancy security and income continuity. The second floor, currently configured with four private offices, a full kitchen, and two restrooms, offers immediate lease-up or owner-user potential, allowing investors to increase cash flow or occupy a portion of the asset while maintaining income from the existing tenant. Featuring a high-end interior buildout with glass, marble, and luxury stone finishes, the property delivers a professional and modern environment attractive to a wide range of office and service-based users. Its prominent location within the Downtown Development Authority (DDA) District provides exceptional walkability to restaurants, retail, and community amenities—further enhancing tenant demand and long-term value. With dedicated on-site parking and strong visibility along one of the region’s most recognized downtown corridors, this offering combines stability, flexibility, and future growth potential in one of Metro Detroit’s most desirable suburban downtowns.

FOR SALE DETAILS

PRICE

$630,000 USD

PRICE/SF

$150 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

1956

SPRINKLERS

-

PARKING SPACES

13

LAND DETAILS

LAND ACRES

0.22 AC

LAND SF

9,583 SF

ZONING

R10, Farmington

APN/PARCEL ID

23-28-231-011

ASK ABOUT THIS PROPERTY

Daniel BlugermanP.A. Commercial, LLCMore Info
248-701-9001

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Daniel BlugermanP.A. Commercial, LLCMore Info
248-701-9001

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