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Mixed-Use Building with Divisible Retail
New
For Sale
$349,900

18200 Grand River Ave, Detroit, MI 48223

Multi-level property combines street-facing commercial space with adaptable upper-floor and basement areas.

Property Size5,413 SF
Days on Market7

Property Features for 18200 Grand River Ave

General Information

Standard status Active
Size 5,413 SF
Property subtype Commercial

Additional Details

Floor 2
Public Transit Yes

Taxes and HOA fees

Annual Taxes $1,735

Building Details

Building Size 5,413 SF
Year Built 1930
Buildings 1
Units 4
Listing Agency: UBTEO
Listed By: Ali M Farhat · License #6505432920
Source: Elliman
Added: Aug 15 Changed: Aug 16 Last Checked: Aug 21 at 11:38AM

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 UBTEO

Investment Insights

Based on property information with market context.

Built in 1930, this mixed-use property at 18200 Grand River Ave features street-level retail space that can be separated into two equal-sized units. The second floor provides apartment or office facilities, while the full basement offers additional space that may be rented separately. The property is offered as-is, allowing the next owner to evaluate the existing configuration and plan improvements around its retail, upper-floor, and basement components.

The building is located in Detroit, MI 48223. WalkScore is 50, with a Car-Dependent designation; TransitScore is 50, reflecting Some Transit, and BikeScore is 34, classified as Somewhat Bikeable.

Key Highlights

  • Street‑level retail area divisible into two equal‑sized units
  • Second‑floor space configured for apartments or offices
  • Full basement available for separate rental

Property Analytics

Current Use

Storefront properties

Suggested Use

Top Pick Law Firm Real Estate Agency Restaurant Building Supply Dental Office Big Box & Wholesale 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

605
Businesses Nearby

Demographics for 48223, MI

22,956
Population
11,264
Households
2
Avg Household Size
36
Median Age
19%
College-Educated
91%
High-School Grad
6.1 sq mi
ZIP Area
3,763
Density / Sq Mi
$42,324
Median Household Income
$30,119
Median Earnings
$1,013
Median Rent
$87,700
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
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Multi-level property combines street-facing commercial space with adaptable upper-floor and basement areas.
Where is this mixed-use property located?
The property is located at 18200 Grand River Ave Detroit, MI.
What is the asking price?
The asking price for this property is $349,900.
What are key features of this property?
This property features: Street‑level retail area divisible into two equal‑sized units; Second‑floor space configured for apartments or offices; Full basement available for separate rental
More about this property
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