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9008 Grand River Ave Immeuble de 19 025 pi² • Spécialité • À vendre 1 026 593 $ CAD • Detroit, MI 48204



Certaines informations ont été traduites automatiquement.
Faits saillants de l'investissement
- 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
Résumé de l'annonce
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.
Faits sur la propriété
| Prix | 1 026 593 $ CAD | Taille du lot | 0,28 AC |
| Prix par pi² | 53,96 $ CAD | Taille du bâtiment | 19 025 pi² |
| Type de vente | Investissement ou propriétaire utilisateur | Nombre d’étages | 2 |
| Type de propriété | Spécialité | Année de construction | 1927 |
| Classe d’immeuble | B | ||
| Zonage | B4 - Quartier central des affaires | ||
| Prix | 1 026 593 $ CAD |
| Prix par pi² | 53,96 $ CAD |
| Type de vente | Investissement ou propriétaire utilisateur |
| Type de propriété | Spécialité |
| Classe d’immeuble | B |
| Taille du lot | 0,28 AC |
| Taille du bâtiment | 19 025 pi² |
| Nombre d’étages | 2 |
| Année de construction | 1927 |
| Zonage | B4 - Quartier central des affaires |
Impôts fonciers
| Numéro de lot | 14-001586 | Évaluation des bâtiments | 0 $ CAD |
| Évaluation du terrain | 0 $ CAD | Évaluation totale | 356 444 $ CAD |
Impôts fonciers
Numéro de lot
14-001586
Évaluation du terrain
0 $ CAD
Évaluation des bâtiments
0 $ CAD
Évaluation totale
356 444 $ CAD
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9008 Grand River Ave
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