15924 Grand River Ave Detroit, MI 48227

This commercial property on Grand River Avenue presents a value-add opportunity with stable in-place income and potential for growth. The second floor is currently vacant and requires primarily cosmetic improvements, such as drywall and flooring, making it suitable for office, studio, or specialty-use occupants. An investor could significantly enhance income by completing these light improvements and implementing a targeted leasing strategy. The building's configuration and strong corridor activity support a wide range of prospective tenant uses. The property benefits from exceptional visibility, high daily traffic counts, and immediate access to densely populated residential communities. The surrounding area features a mix of retail, service-oriented businesses, and neighborhood amenities, contributing to sustained commercial demand. Continued investment and revitalization efforts throughout the Grand River corridor further bolster the long-term stability and desirability of this location. The property offers strong tenant retention, a professional build-out, and strategic placement within a resilient Detroit submarket. Ample on-site and street-front parking provides convenient access for tenants, customers, and future second-floor occupants. An adjacent parking lot is owned and cooperatively shared between neighboring owners. The property size is 8280 square feet.