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    15144 Grand River Ave Detroit, MI 48227

    For Sale
    $199,900

    SINGLE_FAMILY - Detroit, MI

    Type:Retail
    Property size:
    5,700 SF
    Lot size:
    0.16 Acres
    Days on Market:
    74
    Last Refresh:
    Dec 13 at 4:06 pm

    Property Features for 15144 Grand River Ave

    General Information

    Property type
    Residential
    Property subtype
    Retail
    Standard status
    Active
    Rooms
    Bathroom 1
    Bathrooms
    1
    APN
    22008293-5
    Size
    5,700 SF
    Lot size
    0.16 Acres

    Utilities

    Utilities
    Natural Gas Available
    Heating system
    Forced Air

    Building Details

    Year built
    1961
    Number of units
    2

    Blue Sky Home Services (248) 552-1040

    Listing agent Balaver Rose (248) 388-1366

    Listing date Oct 1, 2025

    Copyright © 2025 Montcalm County Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Retail Property on Grand River

    This commercial property features two units. One unit was previously operated as a dollar store for 30 years, with the seller now retiring. The other unit is currently vacant. The property is situated in a favorable location on Grand River Avenue, near a shopping district and Greenfield. It offers potential for growth and development in the area. The property has a size of 5,700 square feet and sits on a lot of 0.16 acres. The seller is open to leasing both units for $3,000 per month or leasing each unit individually for $2,000 each. It is located in Detroit, MI.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Arova Dollar And More General Store

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Department of Floristry, Perfect Touch Flower Shop, Cindy's Floral Distributing

    Location Insight

    • Map
    • Local Demand
    City
    Detroit
    County
    Wayne
    State
    Michigan
    Longitude
    -83.194324
    Latitude
    42.391324

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    FAQs

    What type of property is this?
    Storefront property - Two-unit retail property with high potential on Grand River Avenue.
    Where is this storefront property located?
    The property is located at 15144 Grand River Ave Detroit, MI.
    What is the asking price?
    The asking price for this property is $199,900.
    What are key features of this property?
    This property features: - High-traffic location on Grand River Ave near shopping district and Greenfield.; - Two units available: one previously a Dollar store for 30 years, the other vacant.; - Seller retiring, presenting an opportunity for new ownership.
    (248) 388-1366
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    Detroit, MI 48227
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    15144 Grand River Ave Detroit, MI 48227
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