For Sale
$350,000

5760 Grand River Ave Detroit, MI 48208

Detroit Retail Building - 7,700 SF

Overview

Added:
Dec 11, 2024
Days on market:
138
This exceptional Detroit retail property, located at 5760 Grand River Ave, presents a unique investment opportunity. The building, constructed in 1925 and renovated in 1940, boasts 7,700 square feet of space on a 0.3-acre lot. Its zoning is designated B-4, allowing for a variety of commercial uses. The single-story structure features a 21-foot ceiling height and one overhead door, ideal for loading and unloading. Previously used as a supermarket, this property offers significant potential for redevelopment or continued use as a retail space. The asking price is $350,000, translating to $45.45 per square foot. The property's location in Detroit, Michigan (zip code 48208), within Wayne County, provides excellent access to major transportation routes and a thriving community. The ample square footage and convenient features make this a highly attractive option for entrepreneurs and investors seeking a well-situated commercial space with significant upside potential. The paved lot provides ample parking and maneuvering space. This is a rare opportunity to acquire a substantial retail space in a prime Detroit location.

Highlights

  • Sale Price: $350,000 ($45.45/sqft)
  • 7,700 square feet available
  • 21-foot ceiling height
  • Paved lot
  • Former supermarket
  • One overhead door

Property Details for 5760 Grand River Ave

Property type
Retail properties
Square Feet
7,700 SF
Year Built/Renovated
1925/1940
Buildings
1
Stories
1
Lot Size (sq. ft)
13,068 SF

Location Insight

City
Detroit
County
Wayne
State
Michigan
Latitude
42.353351
Longitude
-83.09995

FAQs

What type of property is this?
Retail property - Detroit Retail Building - 7,700 SF
Where is the retail property located?
The property is located at 5760 Grand River Ave Detroit, MI.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: Sale Price: $350,000 ($45.45/sqft); 7,700 square feet available; 21-foot ceiling height
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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5760 Grand River Ave
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