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Classic Brick Office Building
For Sale
$349,000

16625 Grand River Ave, Detroit, MI 48204

Value-add opportunity in high-traffic Detroit corridor.

Property Size9,164 SF
Price / SF$38.08
Days on Market186

Property Features for 16625 Grand River Ave

General Information

Standard status Active
Size 9,164 SF

Taxes and HOA fees

Annual Taxes $13,183
Listing Agency: EXP Realty Main
Listed By: Sage Farnworth · License #369338
Source: Exprealty
Added: Feb 18 Changed: Aug 23 Last Checked: Aug 22 at 5:15AM

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 EXP Realty Main

Investment Insights

Based on property information with market context.

Located along Grand River Avenue, this brick office building offers a value-add opportunity in a visible location. Renovations are underway, nearing completion. The property presents an opportunity for investors or owner-users to complete the remaining improvements. The building features street presence and visibility, with potential for office or professional use. The next owner can add the final finishes. The seller’s transition creates an opportunity to acquire and complete a commercial asset. The property size is 9164 square feet.

Key Highlights

  • Prime value‑add opportunity in a high‑traffic, highly visible location on Grand River Avenue.
  • Renovations are well underway, allowing for completion and customization by the new owner.
  • Strong street presence and excellent visibility.

Property Analytics

Current Use

Office buildings

Suggested Use

Top Pick Law Firm Real Estate Agency Building Supply Dental Office Skin Care Clinic HVAC Service

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

426
Businesses Nearby

Demographics for 48204, MI

21,738
Population
13,691
Households
1.6
Avg Household Size
37
Median Age
10%
College-Educated
83%
High-School Grad
5.0 sq mi
ZIP Area
4,348
Density / Sq Mi
$32,875
Median Household Income
$26,701
Median Earnings
$970
Median Rent
$53,600
Median Home Value

Market

Vacancy Rate% for Office in Detroit, MI

11.9% 2019
13.9% 2020
15.2% 2021
17.9% 2022
20.3% 2023
22% 2024
19.5% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office building - Value-add opportunity in high-traffic Detroit corridor.
Where is this office building located?
The property is located at 16625 Grand River Ave Detroit, MI.
What is the asking price?
The asking price for this property is $349,000.
What are key features of this property?
This property features: Prime value‑add opportunity in a high‑traffic, highly visible location on Grand River Avenue.; Renovations are well underway, allowing for completion and customization by the new owner.; Strong street presence and excellent visibility.
More about this property
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