Address
503 W Grand Boulevard, Detroit, MI
Price
$ 550,000
Property Attributes
  • MLS#24003804
  • TypeCommercial
  • CountyWAYNE
  • CityDetroit
  • AreaDetroit City
  • NeighborhoodDetroit City
  • Zip48216
  • StyleRetail/Commercial
  • Year Built1971
  • Taxes$ 7482
  • Price$ 550,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size0.15 Acres
Data Source:
Michigan Regional Information Center (MICHRIC)
Property Description

Introducing 503 W Grand Blvd, a rare opportunity to own a vacant medical building located in the heart of Detroit, MI. This spacious property is in need of updates, making it the perfect canvas for investors and business owners looking to create a custom space. With over 7,500 square feet of interior space, this building offers ample room to accommodate a variety of businesses, from medical practices to creative studios or office area. The building features multiple levels, with large open rooms, private offices, and plenty of storage capacity.

Price History
1/18/2024 Listed $550,000

General Features

Sewer Public Sewer
Utilities Public Water Available,Public Sewer Available,Electric Available,None Connected
Year Built 1971
Township Detroit City
Property SubType Retail/Commercial
Tax Year 2023
Business Type Professional/Office
County Wayne
New Construction No
Property Type Commercial Sale
Status Active
Directions Northwest Corner of Vernor and W Grand Blvd
City Detroit
High School District Detroit
MLS Area Wayne County - 100
Lot Size Square Feet 6534.0
Waterfront Y/N No
Street Name Grand
Land Lease Y/N No
Tax Annual Amount 7482.0
Lease Renewal Y/N No
MLS Area Minor Wayne County - 100
Additional Parcels Y/N No
Lease Considered Y/N No
Rent Control Y/N No
Days on Market 126
Standard Status Active
Tax Assessed Value 88668
MobileHomeRemainsYN No
Legal Description BLK:309 DIST:01 CITY/MUNI/TWP:DETROIT CITY SUBD:SCOTTEN,LOVETT DAVIS SUB W-W
Senior Community None

Interior Features

Total Fireplaces 1
Total Stories 4389
Basement (Y/N) No
Air Conditioning Y/N No
Heating Y/N No
Street Suffix Boulevard
Electric On Property Y/N No

Exterior Features

Water Source Public,None
Inclusions {u'Non-Applicable': True}
Lot Size Area 0.15
Foundation Details Other
Number of Buildings 1
Spa No
Building Area Total 4389.0
Lot Dimensions 60 x 107
Lot Size Acres 0.15
Lot Size Units Acres
Crops Included Y/N No
Open Parking Y/N No
Horse Y/N No
Irrigation Water Rights Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 48216

Price
AVG $1.3M
$550K
Taxes
AVG $6,850
$7,482
Visits
AVG 68
110
Data Provided by Inside Real Estate®
Year Built
AVG 1949
1971

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