21243 Grand River AveDetroit, MI 48219

For Sale
$199,900

Prime Detroit location, high traffic, 1200 sq ft.

Overview

Added:
Dec 11, 2024
Days on market:
94
This exceptional 1,200 square foot storefront, located at 21243 Grand River Avenue in Detroit, Michigan, presents a lucrative investment opportunity. Built in 1942 and renovated in 2005, this single-story building sits on a 0.13-acre lot (APN: W22I007450C3) and offers a prime retail space in a high-traffic area. The property benefits from its proximity to a newly constructed Meijer Thrifty Acres store and a recently opened Dollar Tree, ensuring consistent foot traffic exceeding 100,000 daily visitors. This strategic location makes it ideal for a variety of businesses. The versatile space is suitable for various retail concepts, including but not limited to: insurance offices, tobacco stores, urgent care centers, coffee shops, donut shops, phone stores, or even an auto dealership. Adding to its appeal, the property includes two fully equipped mechanic bays, expanding its potential uses and revenue streams. The asking price for this exceptional property is $199,900. Don't miss this chance to own a thriving business in a rapidly developing area of Detroit.

Highlights

  • $199,900 asking price for a 1,200 SF storefront.
  • Retail and multifamily property.
  • 1942 construction, renovated in 2005.
  • One-story building on a 0.13-acre lot in Detroit, MI.
  • Located at 21243 Grand River Avenue, Detroit, MI 48219 (APN: W22I007450C3).
  • High-traffic location across from Dollar Tree and near a new Meijer.

Property Details for 21243 Grand River Ave

Property type
Other retail properties, Individual retail properties
Square Feet
1,200 SF
Year Built
1942
Stories
1
Lot Size (sq. ft)
5,663 SF

Location Insight

City
Detroit
County
Wayne
State
Michigan
Latitude
42.413446
Longitude
-83.2507486
21243 Grand River Ave, Detroit, Michigan
Leaflet | © OpenStreetMap contributors

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21243 Grand River Ave
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