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Farmington Retail Opportunity For Sale
For Sale
$2,500,000

35405 Grand River Avenue, Farmington, MI 48335

21,839 SF retail building on 3.631 acres.

Property Size21,839 SF
Lot Size3.63 Acres
Price / SF$114.47
Days on Market129

Property Features for 35405 Grand River Avenue

General Information

Standard status Active
Size 21,839 SF
Lot size 3.63 Acres
Property subtype Retail
Listing Agency: CBRE | Detroit
Listed By: Dave Long
Source: Cbre
Added: Apr 15 Changed: Aug 18 Last Checked: Aug 20 at 2:34PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of CBRE | Detroit

Investment Insights

Based on property information with market context.

The property features a 21,839-square-foot building constructed in 1989 and remodeled in 2023, situated on 3.631 acres. Located at the southwest corner of Grand River and Drake, the site benefits from a signalized intersection with full motion in all directions and curb cuts on both Grand River and Drake. It includes 119 parking spaces, resulting in a parking ratio of 5.45 per 1,000 square feet. The property is near the Farmington daytime employment cluster and offers a free-standing building with exceptional street visibility. Traffic counts are 31,239 vehicles per day on Grand River, 5,345 vehicles per day on Drake, and 46,826 vehicles per day on M5 at Grand River. Zoned OS – Office Services in Farmington, the property presents potential for either redevelopment or adaptive reuse. The 2025 real estate taxes are $82,792.18.

Key Highlights

  • Exceptional street visibility from a free‑standing building.
  • Located at a signalized intersection (Grand River and Drake) with full motion in all directions.
  • High traffic counts: Grand River (31,239 VPD) and M5 @ Grand River (46,826 VPD).

Property Analytics

Current Use

Paul Tepatti - Financial ... Financial Advisor Julie Shemanski - Financial ... Financial Advisor Melissa Profitt - Financial ... Financial Advisor Marla Alati - Financial ... Financial Advisor Dennile Lynne Haddock ... Financial Advisor

Suggested Use

Top Pick Hair Salon Nail Salon HVAC Service Real Estate Agency Daycare Center (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

468
Businesses Nearby

Demographics for 48335, MI

25,618
Population
11,964
Households
2.1
Avg Household Size
36
Median Age
65%
College-Educated
98%
High-School Grad
7.2 sq mi
ZIP Area
3,558
Density / Sq Mi
$96,359
Median Household Income
$66,646
Median Earnings
$1,451
Median Rent
$366,500
Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
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Frequently Asked Questions

What type of property is this?
Retail space - 21,839 SF retail building on 3.631 acres.
Where is this retail space located?
The property is located at 35405 Grand River Avenue Farmington, MI.
What is the asking price?
The asking price for this property is $2,500,000.
What are key features of this property?
This property features: Exceptional street visibility from a free‑standing building.; Located at a signalized intersection (Grand River and Drake) with full motion in all directions.; High traffic counts: Grand River (31,239 VPD) and M5 @ Grand River (46,826 VPD).
More about this property
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