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2-Unit Retail Building
For Lease
$8.57 SF/Yr

19314-19316 W Grand River Ave, Detroit, MI 48223

B4-zoned retail property with two separate commercial units in Detroit’s Rosedale Park area.

Space SizeContact for details
Property Size2,800 SF
Days on Market12

Property Features for 19314-19316 W Grand River Ave

General Information

Standard status Active
Size 2,800 SF
Property subtype Retail
Zoning B4

Building Details

Building Size 2,800 SF
Tenancy Multi-Tenant
Listing Agency: Signature Associates - Southfield
Listed By: Joe Stack
Source: Cpix.resimplifi
Added: Aug 19 Changed: Aug 29 Last Checked: Aug 29 at 5:21PM

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 Signature Associates - Southfield

Investment Insights

Based on property information with market context.

This retail property comprises two separate units totaling 2,800 square feet, with each unit measuring 1,400 square feet. The configuration provides distinct commercial spaces within one property and is classified under B4 zoning.

The property is located at 19314-19316 W. Grand River Ave in Detroit’s Rosedale Park area. Both units are offered for lease under a gross lease structure.

Key Highlights

  • Two 1,400‑square‑foot retail units
  • 2,800 square feet of total property area
  • B4 zoning designation

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Law Firm Building Supply Real Estate Agency Parking Lot & Garage HVAC Service Electrical 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

Gross
Lease Type

Location Intelligence

Trade Area within ½ mile

620
Businesses Nearby
46k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 84% Dining 16%
Marathon Shops & Services
9,411 visits/mo 0.4 miles
Little Caesars Pizza Dining
7,353 visits/mo 0.2 miles
Shell Shops & Services
6,652 visits/mo 0.3 miles
The UPS Store Shops & Services
5,528 visits/mo 0.4 miles
Comerica Bank Shops & Services
4,884 visits/mo 0.0 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

$15.41 /SF/Yr
Avg Asking Price
$5.35–$30 /SF/Yr
Price Range
9,701 SF
Avg Space Size

This space is priced 44% below the average of $15.41 /SF/Yr.

Vacancy Rate% for Retail in Detroit, MI

7.5% 2019
9.2% 2020
8.5% 2021
7.3% 2022
7.9% 2023
7% 2024
7% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Retail space - B4-zoned retail property with two separate commercial units in Detroit’s Rosedale Park area.
Where is this retail space located?
The property is located at 19314-19316 W Grand River Ave Detroit, MI.
What is the lease rate?
The lease rate is $8.57 SF/Yr.
What are key features of this property?
This property features: Two 1,400‑square‑foot retail units; 2,800 square feet of total property area; B4 zoning designation
More about this property
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