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Renovated Storefront with Glass Front
For Lease
$2,000/Mo

18416 Grand River Avenue, Detroit, MI 48223

Renovated Detroit storefront with modern interiors, central air, and a glass frontage for an established business.

Space Size2,600 SF
Days on Market202

Property Features for 18416 Grand River Avenue

General Information

Standard status Active
Size 2,600 SF
Net Rentable 2,600 SF
Lease Type /mo

Space & Availability

Available Space 2,600 SF
Contiguous Space 2,600 SF

Additional Details

Frontage 12 ft

Amenities

high efficiency furnace
central air unit
two baths
office
storage space

Building Details

Building Size 2,000 SF
Year Built 1949
Construction brick
Listing Agency: Stringer Real Estate Company
Listed By: Audria Gipson
Source: Homesforsaleinmich
Added: Jan 17 Changed: Jul 30 Last Checked: Aug 6 at 1:50PM

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.

Bring your established business to this renovated storefront space in the North Rosedale Park/Grandmont community. The 2,600 SF space was newly renovated from the roof to modern hardwood floors and includes an office, two baths, and 600 SF of storage space. The exterior features a modern brick facade with a 12 ft glass storefront designed for strong customer visibility.

The layout supports everyday operations with dedicated office space and two restroom facilities, plus additional storage for inventory or supplies. Mechanical systems include a high-efficiency furnace and central air.

The exterior brick is scheduled to be installed 1st of this spring, and the property was built in 1949. BATVAI Absolute or Modified Lease only.

Key Highlights

  • 2,600 SF renovated storefront space newly renovated from roof to modern hardwood floors
  • 12 ft glass storefront with modern brick exterior
  • High‑efficiency furnace and central air

Property Analytics

Current Use

Detroit Concrete Repair ... Construction Company 5000 Shoes & More Clothing & Fashion Store

Suggested Use

Top Pick Law Firm Real Estate Agency Building Supply Gym & Fitness Center HVAC Service Dental Office

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

NNN (Triple Net)
Lease Type
$1.38 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

457
Businesses Nearby
Under-served
Demand for This Use

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

$15.18 /SF/Yr
Avg Asking Price
$3–$32.73 /SF/Yr
Price Range
11,437 SF
Avg Space Size

This space is priced 39% below the average of $15.18 /SF/Yr.

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
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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 - Renovated Detroit storefront with modern interiors, central air, and a glass frontage for an established business.
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 $2,000/Mo.
What are key features of this property?
This property features: 2,600 SF renovated storefront space newly renovated from roof to modern hardwood floors; 12 ft glass storefront with modern brick exterior; High‑efficiency furnace and central air
More about this property
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