Detroit, MI 48227,15500 GRAND RIVER Avenue

$325,000

$380,000

14.5%
Est.Price: ?

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Est. payment /mo

6,390 SqFt


SOLD DATE : 11/09/2023

Key Details

Sold Price $325,000

Property Type Commercial

Sub Type Business And Real Estate

Listing Status Sold

Purchase Type For Sale

Square Footage 6,390 sqft

Price per Sqft $50

Subdivision Rugby (Plats)

MLS Listing ID 20230026568

Sold Date 11/09/23

Originating Board Realcomp II Ltd

Year Built 1955

Annual Tax Amount $4,543

Lot Size 3,049 Sqft

Acres 0.07

Lot Dimensions 32.00 x 94.00

Property Description

*Now Featuring*- We are offering a piece of retail history- The iconic "Sun USA" Men's Fashion Retail Store is on the market. A dynamic investment opportunity located in the heart of the Grand River Northwest Corridor, 15500 Grand River is ideally situated on the Northwest Corner of Grand River Avenue and Greenfield Road. As part of the "community- defined" urban renewal plan for the Grand River Northwest District, this commercial space is the perfect place to start your business. With a prime location, this building offers over 6,000 square feet of space. A flourishing retail clothing business with incredible street exposure, an open floor plan, and separate "stockroom" space is located in the lower level of the property. The potential is unlimited on the expansive second floor. Whether you plan to create office space, open the space up and offer artist lofts, or leave it blank space for future use, there is no denying the endless opportunity that exists with so much opportunity. Restroom facilities on every floor, and a full basement area to build out or have for storage, this remarkable building offers the new business owner the convivence and freedom to build their own dream. High foot traffic, location to public transportation, and active business traffic surrounding the building has positioned this property as a desired investment for any business owner. We are honored to offer this classic Detroit building for sale. We are also offering the building and business for sale under separate terms. If you have been waiting for the perfect place to start your own business, and
are eager to be part of Detroit's revitalization, we are here to tell you, it doesn't get any better than this.

Location

State MI

County Wayne

Area Det - Schcraft-6 Grnfld-Limits

Zoning Commercial

Direction The building is located on the Northwest corner of Grand River and Greenfield Road

Interior

Hot Water Natural Gas

Heating Forced Air

Heat Source Natural Gas

Exterior

Utilities Available Security Alarm, Circuit Breakers

Waterfront no

Roof Type Asphalt

Road Frontage Paved

Building

Foundation Basement

Sewer Public Sewer (Sewer-Sanitary)

Water Public (Municipal)

Level or Stories 2 Story

Structure Type Block/Concrete/Masonry,Brick

Schools

School District Detroit

Others

Tax ID W22I008280S002L

Ownership Short Sale - No,Private Owned

Assessment Amount $100

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Cash,Conventional

Special Listing Condition Full Service

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Realcomp MLS
Listed by Tracy A Petersen of Elite Realty
Bought with Elite Realty

GET MORE INFORMATION

JEFF HIGGINS

Managing Partner | License ID: 6506046014

+1(248) 233-6165

280 North Old Woodward Avenue, Suite 100, Birmingham, MI, 48009, United States

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