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15725 - 15749 Grand River Ave 15725 Grand River Ave 2,660 SF 100% Leased Retail Building Detroit, MI 48227 $1,175,881 CAD ($442.06 CAD/SF)
INVESTMENT HIGHLIGHTS
- Value-Add Potential: Targeted improvements—particularly façade, windows, and interior customization—can quickly elevate market appeal and rental rates
- Established Commercial Corridor: Located along a major west-side arterial with strong visibility, daily traffic, and a history of durable commercial
- Redevelopment Opportunity: Well-suited for repositioning into a neighborhood shopping center or multi-tenant retail plaza. Large combined frontage
- Owner-User or Investor Flexibility: Suitable for an owner-occupant seeking a customizable footprint or an investor pursuing multitenant lease-up
EXECUTIVE SUMMARY
Value-Add Potential: Targeted improvements—particularly façade, windows, and interior customization—can quickly elevate market appeal and rental rates. The gutted building offers a blank canvas for immediate build-out, while the larger structure allows efficient multi-tenant or single-user reconfiguration. Corridor revitalization enhances long-term upside for repositioning and lease-up strategies.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
2,660 SF
Building Class
C
Year Built
1929
Price
$1,175,881 CAD
Price Per SF
$442.06 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.16
Lot Size
0.38 AC
Zoning
B$ - General Business District
Walk Score®
Very Walkable (79)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 22-0070925 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $39,624 CAD |
PROPERTY TAXES
Parcel Number
22-0070925
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$39,624 CAD
CONTACTS
-
Deno Bistolarides -
Eric Reed -
Kishon Harbert -
Encore Real Estate Investment Services
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15725 - 15749 Grand River Ave | 15725 Grand River Ave
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