Log In/Sign Up
Your email has been sent.
9008 Grand River Ave
Detroit, MI 48204
Specialty Property For Sale
·
19,025 SF


Investment Highlights
- 19,025 SF Event Center/Office Property in Grand River Corridor
- Multi-Purpose Configuration Allows for Multiple Revenue Streams
- Adaptive Reuse & Repositioning Potential
- Projected 13.6% Cap Rate
- Additional ±0.05-Acre Parking Parcel Included
- Iconic Architecture - Former S.S. Kresge Department Store
Executive Summary
Unlock a rare opportunity to own a cornerstone asset along one of Detroit’s most dynamic corridors. Spanning 19,025 SF this architecturally significant mixed-use property —originally constructed as a historic S.S. Kresge Department Store—seamlessly blends legacy character with modern income-producing potential.
Positioned along the rapidly revitalizing Grand River Avenue, the property offers a projected 13.60% cap rate, making it an attractive option for value-add investors, adaptive-reuse specialists, and owner-operators seeking both immediate income and long-term appreciation. Enhancing the offering is an additional ±0.05-acre parcel directly across the street, providing valuable supplemental parking—an increasingly rare asset in urban Detroit that strengthens the property’s usability and tenant appeal.
The building features a large ground-floor banquet and event hall, ideal for private events, corporate gatherings, performances, or community programming, complemented by flexible second-floor office suites well-suited for creative studios, coworking concepts, professional services, or boutique headquarters. The layout allows for multiple income streams and the potential to reposition or re-tenant based on market demand.
With its scale, historical significance, flexible configuration, and location within a highgrowth corridor, 9008 Grand River Ave presents a compelling opportunity to acquire a truly differentiated asset in one of Detroit’s most promising neighborhoods.
Positioned along the rapidly revitalizing Grand River Avenue, the property offers a projected 13.60% cap rate, making it an attractive option for value-add investors, adaptive-reuse specialists, and owner-operators seeking both immediate income and long-term appreciation. Enhancing the offering is an additional ±0.05-acre parcel directly across the street, providing valuable supplemental parking—an increasingly rare asset in urban Detroit that strengthens the property’s usability and tenant appeal.
The building features a large ground-floor banquet and event hall, ideal for private events, corporate gatherings, performances, or community programming, complemented by flexible second-floor office suites well-suited for creative studios, coworking concepts, professional services, or boutique headquarters. The layout allows for multiple income streams and the potential to reposition or re-tenant based on market demand.
With its scale, historical significance, flexible configuration, and location within a highgrowth corridor, 9008 Grand River Ave presents a compelling opportunity to acquire a truly differentiated asset in one of Detroit’s most promising neighborhoods.
Property Facts
| Sale Type | Investment or Owner User | Building Size | 19,025 SF |
| Property Type | Specialty | No. Stories | 2 |
| Building Class | B | Year Built | 1927 |
| Lot Size | 0.28 AC | ||
| Zoning | B4 - Central Business District | ||
| Sale Type | Investment or Owner User |
| Property Type | Specialty |
| Building Class | B |
| Lot Size | 0.28 AC |
| Building Size | 19,025 SF |
| No. Stories | 2 |
| Year Built | 1927 |
| Zoning | B4 - Central Business District |
Property Taxes
| Parcel Number | 14-001586 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $356,970 CAD |
Property Taxes
Parcel Number
14-001586
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$356,970 CAD
1 of 11
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
