For Sale
19260 Grand River Avenue, Detroit, MI 48223
$475,000
MLS # 20261025785 (Realcomp)
Built 19550.14 acres
1 / 8
Listing Description
Investment OpportunityAn exceptional opportunity to acquire both a thriving childcare business and its fully renovated real estate. Strategically located in a high-visibility corridor, this high-capacity facility has undergone a complete top-to-bottom transformation in 2023. This is a rare, dual-asset sale perfect for an owner-operator or a savvy investor looking to enter the essential services market with zero deferred maintenance.• Infrastructure: Brand new roof, high-efficiency windows, and durable new flooring throughout.• Mechanicals: New HVAC system and updated plumbing/electrical systems.• Kitchen: Fully updated gourmet/commercial kitchen featuring a Sub-Zero commercial refrigerator.• Power: Upgraded electrical with outside base power coding, specifically designed to support high-draw commercial appliances and modern technology needs.• Safety: Modernized bathrooms and interior layouts designed to meet or exceed Michigan LARA safety standards.Business & Location• Exposure: Prime frontage on a major thoroughfare with high traffic counts and excellent signage visibility.• Ready for Growth: All furniture, fixtures, and educational equipment are included in the sale.• Licensing: Property is "daycare-ready." Buyer to secure an original license upon acquisition (Standard Michigan process).
Source: SparkMLS
About this home
Asking $475,000.
Annual property taxes run approximately $4,364 ($364/month). Estimate is based on county assessor records and current millage rates; actual tax may vary with PRE status and recent assessment changes.
Electric service is provided by DTE Electric Company; natural gas by DTE Gas Company.
Listing Property Details
Property TypeCommercial Sale
Bathrooms0
Lot Size0.14 acres
Year Built1955
Location
CityDetroit
Zip Code48223
CountyWayne
School DistrictDetroit
Construction & Systems
HeatingForced Air
WaterPublic
Sale & Financing
Listed4/15/2026
Source: SparkMLS
Tax Information
Annual Tax$3,725
Tax Year2025
State Equalized Value$53,100
Assessed Value$53,100
Parcel #22008028-30
Source: Public Records
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Not Eligible
Verify eligibility at USDAListed by Letitia Worthy
Worthy Solomon Realty LLC
Frequently Asked Questions about 19260 Grand River Avenue, Detroit, MI 48223
Which school district serves 19260 Grand River Avenue, Detroit, MI 48223?
Per MLS# 20261025785, 19260 Grand River Avenue, Detroit, MI 48223 is in the Detroit boundaries. School district assignments are determined by property location and may differ from the mailing city. Contact Detroit directly to confirm enrollment eligibility.
What are the property taxes at 19260 Grand River Avenue, Detroit, MI 48223?
Per public tax records, annual property taxes for this property are $3,679. Michigan property taxes are based on a property's taxable value multiplied by the local millage rate. Primary residences qualify for a homestead exemption that lowers the rate.
Can I use a USDA Rural Development loan for this property?
Per USDA Rural Development boundary data, 19260 Grand River Avenue, Detroit, MI 48223 is not in an eligible area. USDA eligibility is based on property location — properties within designated urban zones are excluded. Other low-down-payment options (FHA, VA) may still be available.
Is 19260 Grand River Avenue, Detroit, MI 48223 in a flood zone?
Per FEMA flood maps, this property is designated as Zone X, a minimal-risk flood area. Flood insurance is not typically required in this zone but may still be advisable. FEMA flood maps are updated periodically — verify the current designation at msc.fema.gov.
What utilities serve 19260 Grand River Avenue, Detroit, MI 48223?
Per Michigan Public Service Commission service territory data: Electric: DTE Electric Company. Gas: DTE Gas Company. Water: Public. Confirm service details directly with providers.
What is the crime rate in this area?
For crime and public safety data, we recommend inquiring directly with the source. Wayne County is served by CLEMIS (Courts and Law Enforcement Management Information System), which provides public safety data for Southeast Michigan law enforcement agencies.
Map
Tax Estimate
$
Annual tax$4,364
Monthly$364
Millage rate82.1844 mills
Municipality: Detroit
School district: DETROIT CITY SCHOOL DISTRICT
County: Wayne
Estimate based on SEV for a new buyer (taxable value resets to SEV on transfer). Actual taxes may vary. MI Treasury PT Estimator
Mortgage Calculator
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%
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Monthly payment$3,445
Principal & interest$3,081
Property taxes$364
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
Utilities
DTE Electric Company
Investor-Owned
DTE Gas Company
Investor-Owned
MI Public Service Commission service territory boundaries.
Property
19260 Grand River Avenue, Detroit, MI 48223
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Neighborhood
Rosedale
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Community
Detroit
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County
Wayne County
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