The Obama Building Mixed-Use
For Lease
Contact for pricing
22000 Grand River Avenue, Detroit, MI 48204
Renovated commercial suites occupy the street level beneath four loft apartments in a restored historic building.
Space Size657 SF - 2,990 SF
Property Size12,855 SF
Days on Market88
Property Features for 22000 Grand River Avenue
General Information
Standard status
Active
Size
657 SF - 2,990 SF
Class
B
Property subtype
Retail, Office, Restaurant
Building Details
Building Size
12,855 SF
Year Built
1917
Tenancy
Multiple
Spaces For Lease
at 22000 Grand River Avenue Contact us#500 Active
Size
1,123 SF
#700 Active
Size
657 SF
#800 Active
Size
2,990 SF
Listing Agency:
Communities First
Listed By:
Glenn Wilson · License #MI
Source:
Crexi
Added: Jul 21
Changed: Oct 4
Last Checked: Oct 14 at 9:27PM
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 Communities First
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
The Obama Building is a mixed-use property dating to 1917, with eight renovated retail suites at street level and four loft apartments on the second floor. The restored structure combines commercial space with residential occupancy in a two-level configuration suited to neighborhood-oriented operations. Retail, restaurant, office, and service uses are identified for the street-facing suites.
The property occupies the corner of Grand River Avenue and Lahser Road in Detroit’s Old Redford neighborhood. Its location provides access to surrounding residential areas and places the building within the City of Detroit’s Strategic Neighborhoods program. The property’s redevelopment involved the City of Detroit, Invest Detroit, the Michigan Economic Development Corporation, Horizon Bank, and the Fisher Foundation.
The property occupies the corner of Grand River Avenue and Lahser Road in Detroit’s Old Redford neighborhood. Its location provides access to surrounding residential areas and places the building within the City of Detroit’s Strategic Neighborhoods program. The property’s redevelopment involved the City of Detroit, Invest Detroit, the Michigan Economic Development Corporation, Horizon Bank, and the Fisher Foundation.
Key Highlights
- Eight renovated street‑level retail suites
- Four loft apartments on the second floor
- 1917 historic building with restored improvements
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
389
Businesses Nearby
133k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Groceries 55%
Shops & Services 29%
Dining 12%
Apparel 3%
Meijer
Groceries
73,288 visits/mo
0.4 miles
Dollar Tree
Shops & Services
14,060 visits/mo
0.4 miles
Wendy's
Dining
12,475 visits/mo
0.2 miles
Meijer Gas Station
Shops & Services
9,012 visits/mo
0.4 miles
Family Dollar
Shops & Services
6,719 visits/mo
0.1 miles
Demographics for 48204, MI
21,738
Population
13,691
Households
1.6
Avg Household Size
37
Median Age
10%
College-Educated
83%
High-School Grad
5.0 sq mi
ZIP Area
4,348
Density / Sq Mi
$32,875
Median Household Income
$26,701
Median Earnings
$970
Median Rent
$53,600
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Lease Benchmarks for Detroit, MI
$27.05 /SF/Yr
Avg Asking Price
$14.31–$50 /SF/Yr
Price Range
46,578 SF
Avg Space Size
Vacancy Rate% for Retail in Detroit, MI
Frequently Asked Questions
What type of property is this?
Mixed-use property - Renovated commercial suites occupy the street level beneath four loft apartments in a restored historic building.
Where is this mixed-use property located?
The property is located at 22000 Grand River Avenue Detroit, MI.
What are key features of this property?
This property features: Eight renovated street‑level retail suites; Four loft apartments on the second floor; 1917 historic building with restored improvements
