71 W GRAND Boulevard Detroit, MI ^$ 2,500,000

71 W GRAND Boulevard

^$ 2,500,000

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71 W GRAND Boulevard

Detroit, MI, 48216

^$ 2,500,000

Studio Baths0.0 Sq 3,000

Monthly Estimate*

^$ 16,616

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Studio

Commercial Property for sale in Detroit, MI

for $2,500,000. This 3,000 square foot building was built on a lot size of 0.66.

Attention developers, entrepreneurs and investors: This unique and rare riverfront opportunity at the end of West Grand Boulevard boasts proximity to the iconic Ford train station and unveils spectacular views of the Detroit River and the Ambassador and Gordie Howe bridges. This property offers two sound buildings, measuring approximately 2800 and 3000 square feet. The true value lies in the sprawling land and location. Adjacent to Riverside Park and just minutes away from Downtown, Corktown and all major highways, this property opens doors to endless possibilities. Sale includes 71-73 W Grand Blvd and 102 Vinewood Street, totaling .66 acres of land. Land contract and commercial lease also available. Please do not approach tenants.

Commercial Active

Price

^$ 2,500,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 35

Style

Commercial/Industrial

Lot Size

0.66

Town/City

Detroit

County/Region

Wayne

MLS | Web ID

60278163

Features

General

Possession At Close

Water Public Water at Street

Status Active Active

Subdivision ASSESSORS DETROIT PLAT NO 6 (PLATS) MI

County Wayne

Class COM/IND/BUS OPP

Type Commercial/Industrial

Percent Ownership Private

Municipality Detroit

Zoning Commercial Residential

Area Detroit (82001)

Primary City Detroit

Directions From downtown Detroit head south on Fort Street. Make a left turn onto Grand Boulevard and the last property on the right before the train tracks is your destination.

City Detroit

Street Name GRAND

Financial Terms Cash Conventional

Legal Description W GRAND BLVD W 114ASSESSORS DETROIT PLAT # 6 L72 P67 PLATS WCR 14/218 58 X 68

DOM 160

Postal Code 48216

Price Per Sq Ft Total 833.33

Coming Soon Attention developers

Exterior

Exterior Block

Frontage 151

Lot Size Area 0.66

Lot Dimensions 58.00 x 68.00

Roads Class A

Waterfront Y/N No

* Excluded Features

List By

Marco Morales

Listing Agent

O'connor Realty Detroit, Llc

Broker

marco@oconnordetroit.com

Affordability Calculator

$16,619

Per Month

Monthly Principal & Interest: $16,616
Monthly Property Taxes: $3
Monthly Home Insurance: --

Set your offer price

Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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THE TIME TO SELL IS NOW!

Nearby

Trends
Schools

Commerical listings in Detroit, MI

Average List Price ^$478,784

Percent of Sale Price 81%

About Detroit, MI

633,657 Population

-33% Since 2002

^$26,977 Median Income

36.23 Median Age

26% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

760529 Elementary School

760235 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
12/14/2023	$2,500,000		Listed Price

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71 W GRAND Boulevard, Detroit, MI, 48216 is a Commercial Property for sale at $2,500,000 with 3,000 sqft and a lot size of 0.66. 71 W GRAND Boulevard is a studio with 0.0 baths. The property's zip code is 48216 which is in Detroit, MI

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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71 W GRAND Boulevard

Commercial Property for sale in Detroit, MI

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