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Corner Commercial Land Parcel
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21243 GRAND RIVER AVE, Detroit, MI 48219

Corner commercial land beside Meijer with high traffic exposure; buyer must secure certificate of occupancy and business license.

Property Size1,188 SF
Price / SF$231.48
Days on Market652

Property Features for 21243 GRAND RIVER AVE

General Information

Standard status Active
Size 1,188 SF
Property subtype Land
Zoning B-4

Building Details

Year Built 1942
Listing Agency: Community Choice Realty Inc
Listed By: Kourosh Minui · License #6501242008
Source: Crexi
Added: Oct 31, 2024 Changed: Aug 8 Last Checked: Jul 23 at 6:03AM

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 Community Choice Realty Inc

Investment Insights

Based on property information with market context.

This for-sale commercial land parcel is configured as a corner site and is zoned B-4. The seller’s remarks indicate that a general business buyer will need to assume responsibility for all interior and exterior repairs, upgrades, and renovation work. In addition, the buyer must obtain a certificate of occupancy and secure the necessary business license before operating.

The parcel is described as right next to Meijer on Grand River and Mc Nichols, with high-traffic conditions in the immediate area. The combination of a corner positioning and adjacency to a major retail anchor is intended to support visibility for a business use consistent with the property’s B-4 zoning.

This property is best suited for a buyer planning to develop or update a business site that can meet occupancy and licensing requirements. Because the buyer is responsible for the repairs, upgrades, and renovation necessary to achieve compliance, it’s important to budget for those costs and to factor in time to complete the work and obtain the certificate of occupancy and business license.

Key Highlights

  • Corner commercial land next to Meijer with high‑traffic exposure on Grand River and Mc Nichols
  • Zoned B‑4 (General Business)
  • Year built: 1942

Property Analytics

Current Use

Commercial land

Suggested Use

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

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

428
Businesses Nearby

Demographics for 48219, MI

46,811
Population
20,815
Households
2.2
Avg Household Size
37
Median Age
13%
College-Educated
87%
High-School Grad
8.4 sq mi
ZIP Area
5,573
Density / Sq Mi
$43,882
Median Household Income
$31,187
Median Earnings
$1,037
Median Rent
$84,500
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - Corner commercial land beside Meijer with high traffic exposure; buyer must secure certificate of occupancy and business license.
Where is this commercial land located?
The property is located at 21243 GRAND RIVER AVE Detroit, MI.
What is the asking price?
The asking price for this property is $275,000.
What are key features of this property?
This property features: Corner commercial land next to Meijer with high‑traffic exposure on Grand River and Mc Nichols; Zoned B‑4 (General Business); Year built: 1942
More about this property
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