5760 Grand River AveDetroit, MI 48208

For Sale
$350,000

Detroit Retail Building - 7,700 SF

Overview

Added:
Dec 11, 2024
Days on market:
93
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
Other retail properties, 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
5760 Grand River Ave, Detroit, Michigan

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5760 Grand River Ave
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