$989,000

33409 Grand River S Grand River Avenue SW

Farmington MI, 48335

Description

EXCEPTIONAL INVESTOR, OR OWNER/USER OPPORTUNITY IN FARMINGTON'S FLOURISHING DDA DISTRICT*PURCHASE BEFORE THE COMPLETION OF RECENTLY ANNOUNCED REDEVELOPMENT PLANS WITHIN THE DISTRICT*A UNIQUE MIXED USE PROPERTY WITH OFFICE, RETAIL, SERVICE AND ENTERTAINMENT/LEISURE FOR GREATER STABILITY OF OPERATIONS*A WELL MAINTAINED PROPERTY WITH STRONG TENANT PROFILE*PRIVATE LOT OF 14 SPACES ALLOWS FOR RESERVED PARKING AND OFFERS SIGNIFICANT REDEVELOPMENT/EXPANSION OPPORTUNITY*ADJACENT TO LARGE MUNICIPAL PARKING LOT FOR EASY CUSTOMER ACCESS*CLOSE TO CITY HALL, LIBRARY, RESTAURANTS & PARKS*PREMIUM GRAND RIVER FRONTAGE*CONVENIENT ACCESS TO MAJOR FREEWAYS*CURRENT VACANCY EST ADDITIONAL RENT $2000/MO*BROKER IS PARTNER IN BUILDING****INCLUDES PROPERTY ID: 23 28 278 005 (33409 THRU 33419 GRAND RIVER AVENUE) AND PROPERTY ID: 23 28 278 004 (33423 THRU 33425 GRAND RIVER AVENUE/2 STORY BUILDING)

Details

MLS#2200080638
Listing TypeFor Sale
StyleRetail
Sub-TypeResale
StatusActive
Year1925
Days On Site197

Features

SQ Feet11,400
Story(s)1
ZoningCommercial,Office

Market Activity 48335

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Area Information
StateMI
CountyOakland
CityFarmington
Zip Code48335
AreaFarmington
Listing VS Median (in 48335)
Price:
$989,000
low | high
Med:
$100,000
100% of Average
SqFt:
11,400
low | high
Med:
1,850
100% of Average
$ / SqFt:
$87
low | high
Med:
$54
87.693001393709% of Average
On Site:
197
low | high
Med:
1007
19.563058589871% of Average
Sourced by Back At You
Listing Updated: April 13, 2021 8:05:48 PM PDT
David Cornwell LogoMLS Number: 2200080638
Listing Provided By:
David Cornwell  of  Suburban Real Estate Group
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