For Sale
$2,200,000

31015 Grand River Ave Farmington Hills, MI 48336

3.4-acre corner lot, B3 zoning, high visibility.

Overview

Added:
Dec 11, 2024
Days on market:
133
This exceptional 3.4-acre commercial property is ideally situated at the gateway to Farmington Hills, Michigan, at the prominent corner of Grand River and Merriman Roads. Boasting a highly desirable B3 General Commercial zoning designation, this land offers unparalleled flexibility for a wide range of commercial and mixed-use developments. The city actively encourages development and is eager to collaborate on various projects. The property currently features an existing 18,000 square foot building, presenting a unique opportunity for renovation, expansion, or repurposing. Its prime location ensures exceptional visibility and accessibility, making it an attractive investment for businesses seeking high-traffic exposure. The asking price for the land is $2,200,000. Alternatively, the property is also available for lease at a net rate of $15,000 per month, with both short-term and long-term lease options available. Located at 31015 Grand River Ave, Farmington Hills, MI 48336, in Oakland County, this property presents a compelling investment opportunity with significant potential for growth and return. The address is easily accessible via major roadways, offering convenient access for employees and customers.

Highlights

  • 3.4-acre commercial lot at the highly visible corner of Grand River and Merriman Roads in Farmington Hills, MI.
  • B3 General Commercial zoning allows for diverse development options.
  • Existing 18,000 sq ft building offers renovation, expansion, or repurposing potential.
  • High-traffic location ensures excellent visibility and accessibility.
  • Priced at $2,200,000 for sale, or $15,000/month net lease (short or long-term).

Property Details for 31015 Grand River Ave

Property type
Land
Lot Size (sq. ft)
148,104 SF

Location Insight

City
Farmington Hills
County
Oakland
State
Michigan
Latitude
42.4550414
Longitude
-83.3544818

FAQs

What type of property is this?
Land - 3.4-acre corner lot, B3 zoning, high visibility.
Where is the land located?
The property is located at 31015 Grand River Ave Farmington Hills, MI.
What is the asking price?
The asking price for this property is $2,200,000.
What are key features of this property?
This property features: 3.4-acre commercial lot at the highly visible corner of Grand River and Merriman Roads in Farmington Hills, MI.; B3 General Commercial zoning allows for diverse development options.; Existing 18,000 sq ft building offers renovation, expansion, or repurposing potential.
How can I contact the broker?
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31015 Grand River Ave
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