Renovated Commercial Space in
For Lease
$2,400/Mo
18416 Grand River Avenue, Detroit, MI 48223
Newly renovated 2600 sq ft commercial space for rent.
Space SizeContact for details
Property Size2,000 SF
Days on Market219
Property Features for 18416 Grand River Avenue
General Information
Standard status
Active
Size
2,000 SF
Zoning
Commercial
Building Details
Building Size
2,000 SF
Year Built
1949
Stories
1
Listing Agency:
Stringer Real Estate Company
(313) 231-5776
Listed By:
Audria Gipson
(313) 231-5776
Source:
Phgrealty
Added: Jan 17
Changed: Aug 23
Last Checked: Aug 23 at 7:27AM
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 Stringer Real Estate Company
Investment Insights
Based on property information with market context.
This 2600 square foot commercial space is located in the North Rosedale Park/Grandmont community. The property has been newly renovated, featuring modern hardwood floors, a high-efficiency furnace, and a central air unit. It includes two bathrooms, an office, and 600 square feet of storage space. The storefront features modern brick and 12 ft glass. New exterior brick is scheduled to be installed in the spring. The location has a walk score of 67, indicating it is somewhat walkable, a bike score of 41, indicating it is somewhat bikeable, and a transit score of 49, indicating some transit options are available.
Key Highlights
- Newly renovated 2600 sq ft commercial space.
- Located in the highly desired North Rosedale Park/Grandmont community.
- Modern brick and 12 ft glass storefront.**
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$1.66 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
620
Businesses Nearby
171k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 56%
Shops & Services 41%
Electronics 3%
McDonald's
Dining
25,158 visits/mo
0.1 miles
Wendy's
Dining
18,403 visits/mo
0.5 miles
BP
Shops & Services
13,685 visits/mo
0.3 miles
Popeyes Louisiana Kitchen
Dining
12,579 visits/mo
0.3 miles
White Castle
Dining
11,148 visits/mo
0.3 miles
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
Lease Benchmarks for Detroit, MI
$15.24 /SF/Yr
Avg Asking Price
$3–$32.73 /SF/Yr
Price Range
4,463 SF
Avg Space Size
This space is priced 27% below the average of $15.24 /SF/Yr.
Vacancy Rate% for Retail in Detroit, MI
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Roselady Productions Florist — 18716 Grand River Ave, Detroit, MI 48223
- Cindy's Floral Distributing — abington ave, detroit, mi 48227
Frequently Asked Questions
What type of property is this?
Storefront property - Newly renovated 2600 sq ft commercial space for rent.
Where is this storefront property located?
The property is located at 18416 Grand River Avenue Detroit, MI.
What is the lease rate?
The lease rate is $2,400/Mo.
What are key features of this property?
This property features: Newly renovated 2600 sq ft commercial space.; Located in the highly desired North Rosedale Park/Grandmont community.; Modern brick and 12 ft glass storefront.**
