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4126 Grand River Ave 4,734 SF 100% Leased Flex Building Detroit, MI 48208 $249,870 CAD ($52.78 CAD/SF)

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INVESTMENT HIGHLIGHTS

  • Great layout for a straight-forward conversion into a multi-unit or mixed-use building
  • A mile from downtown and $250M development - University of Michigan Center for Innovation
  • Two 100' deep lots with access from the alley

EXECUTIVE SUMMARY

Get ready to dive into Detroit’s hottest real estate scene with this incredible opportunity! These two buildings on the adjacent parcels at 4122-4126 Grand River Ave are primed for a jaw-dropping transformation, turning existing commercial buildings into a modern income-generating masterpiece. Nestled in the historic Woodbridge neighborhood—a stable, charming area brimming with Victorian allure—this property is just 1.5 miles from the brand-new University of Michigan Center for Innovation, set to open in spring 2027! This $250 million hub is sparking economic growth, drawing talent, and boosting property values along Grand River Avenue. Plus, you’re only a mile from the buzzing North Corktown development and a stone’s throw from the vibrant Core City neighborhood, where exciting neighborhood staples like Barda restaurant, Puma Detroit, Bev’s Bagels, Lady of the House, Motherloaf bread bakery, Materia Art Gallery, Eugenie Archive, Periodicals store, new offices, and award-winning residential are transforming the area into a lively community hub!
Picture this: redevelop these parcels into a stunning 7-unit boutique apartment building, blending urban sophistication with cozy community vibes. Check out the attached plans for inspiration.
Grand River Avenue is evolving into a dynamic urban corridor, with city plans enhancing streets, transit, and public art—making this the perfect time to invest right in the heart of one of the city’s most promising growth zones!
Don’t miss out on this chance to be part of Detroit’s resurgence!

PROPERTY FACTS

Price $249,870 CAD
Price Per SF $52.78 CAD
Sale Type Investment or Owner User
Sale Conditions
1031 Exchange
  • Deferred Maintenance
  • High Vacancy Property
  • Redevelopment Project
Property Type Flex
Property Subtype
Flex Research & Development
  • Flex Showroom
  • General Retail Storefront Retail/Office
  • Office Office Residential
Building Class B
Lot Size 0.12 AC
Rentable Building Area 4,734 SF
No. Stories 2
Year Built/Renovated 1900/2019
Zoning B4 - General Business District.The B4 General Business District provides for business and commercial uses of a thoroughfare-oriented nature.
Walk Score®
Very Walkable (70)
Bike Score®
Biker's Paradise (96)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
08-001174
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$66,766 CAD
  • Listing ID: 37399022

  • Date on Market: 2025-08-23

  • Last Updated:

  • Address: 4126 Grand River Ave, Detroit, MI 48208

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