MLS # 20261035143 (Realcomp)

Large and architecturally distinctive commercial opportunity positioned on heavily traveled Grand River Avenue with exceptional visibility and strong traffic counts. Strategically located directly across from Meijer and surrounded by an established mix of national retailers, the property benefits from outstanding consumer draw and a proven retail corridor. The surrounding area is highly populated and has experienced significant growth and redevelopment in recent years.Boasting over 9,400 SF, the building offers a highly functional and versatile layout designed to accommodate a wide range of uses. The building has undergone many renovations in recent years and features expansive open layout with impressive ceiling clearance, a large showroom/retail area, workshop space with abundant storage capacity, multiple restrooms, executive office space, and a flexible multipurpose area. The building also benefits from abundant natural light throughout, with skylights and windows creating a bright, open atmosphere. Additional features include two (2) overhead drive-in doors, providing convenient loading access and easy operational flexibility.Currently operating as a furniture and décor showroom featuring art and specialty pieces, this property presents an outstanding opportunity for furniture users, retail operators, showroom concepts, entertainment uses, or adaptive reuse opportunities seeking a high-profile location with immediate functionality and strong market presence.
Source: SparkMLS
Currently offered at $695,000.
Estimated annual property tax: $6,928, or about $577 monthly. 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.
Location
Construction & Systems
Sale & Financing
Source: SparkMLS
Source: Public Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Not Eligible
Verify eligibility at USDAListed by Yousef Beydoun
RE/MAX Team 2000
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
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
DTE Electric Company
Investor-Owned
DTE Gas Company
Investor-Owned
MI Public Service Commission service territory boundaries.
Property
21616 Grand River Avenue, Detroit, MI 48219
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Neighborhood
Evergreen
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Community
Detroit
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County
Wayne County
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