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    2600 E Grand Blvd Detroit, MI 48211

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    For Sale
    $2,600,000

    Two-story building on 1.61 acres suitable for redevelopment.

    Lot size:
    1.61 Acres

    Property Features for 2600 E Grand Blvd

    General Information

    Lot size
    1.61 Acres

    Building Details

    Year built
    1934

    Source: O'Connor Realty Detroit, LLC Agent Vincent Mazzola

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Two-Story Building on Grand Boulevard

    The property at 2600 East Grand Boulevard is a two-story building situated on 1.61 acres of land. Historical records indicate the site's initial use was residential sometime after 1897. By 1910, the property was part of the American Wood Grain Co., a manufacturer of oil cloth. In 1915, the Frank Brothers American Iron Company acquired the site, and by 1931, the Peschke Meat Packing Co. developed the site into its present configuration. The building is suitable for a residential or mixed-use redevelopment. The City of Detroit has approved the property for use as a Marijuana Grower Facility (MGF) and a Marijuana Processing Facility (MPF).
    Insight Report Location Intelligence

    Current Use by Public Records

    Caramagno Foods Wholesaler

    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.

    Location Insight

    • Map
    • Local Demand
    City
    Detroit
    County
    Wayne
    State
    Michigan
    Longitude
    -83.0567533
    Latitude
    42.3770531

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    FAQs

    What type of property is this?
    Mixed-use property - Two-story building on 1.61 acres suitable for redevelopment.
    Where is this mixed-use property located?
    The property is located at 2600 E Grand Blvd Detroit, MI.
    What is the asking price?
    The asking price for this property is $2,600,000.
    What are key features of this property?
    This property features: - Approved for Marijuana Grower Facility (MGF) and Marijuana Processing Facility (MPF) by the City of Detroit.; - Suitable for residential or mixed-use redevelopment.; - Sits on a large 1.61-acre lot.
    (313) 963-9891
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    2600 E Grand Blvd Detroit, MI 48211
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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
    2600 E Grand Blvd Detroit, MI 48211
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