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Brick Office Building Under Renovation
For Sale
$399,999

16625 Grand River Ave, Detroit, MI 48204

Partially renovated commercial building suited for office or professional use, with remaining improvements ready for completion.

Property Size9,164 SF
Price / SF$43.65
Days on Market194

Property Features for 16625 Grand River Ave

General Information

Standard status Active
Size 9,164 SF

Additional Details

Road Access Yes

Taxes and HOA fees

Annual Taxes $13,183

Building Details

Buildings 1
Construction brick
Listing Agency: EXP Realty Main
Listed By: Sage Farnworth · License #6501452379
Source: Exprealty
Added: Feb 18 Changed: Aug 30 Last Checked: Aug 30 at 7:06PM

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.

This 9,164-square-foot office building is constructed in brick and is undergoing renovation. A substantial portion of the work has been completed, while final improvements remain for the next owner to finish. The existing configuration supports office or professional use, allowing the property to be completed around the user's operational requirements.

The building fronts Grand River Avenue in Detroit and offers a prominent street-facing presence. Its location along the avenue provides direct exposure from the surrounding corridor, while the ongoing improvements create a clear path toward completing the office asset.

Key Highlights

  • 9,164‑square‑foot office building
  • Brick construction
  • Renovation work is substantially underway

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.

Lease Details

Yes
Paved road access

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 - Partially renovated commercial building suited for office or professional use, with remaining improvements ready for completion.
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 $399,999.
What are key features of this property?
This property features: 9,164‑square‑foot office building; Brick construction; Renovation work is substantially underway
More about this property
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