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Retail Space with Open Layout
For Lease
$1,999/Mo

25420 GRAND RIVER Ave, Redford, MI 48240

Versatile retail space with great visibility and natural light.

Space SizeContact for details
Property Size1,500 SF
Lot Size0.09 Acres
Days on Market276

Property Features for 25420 GRAND RIVER Ave

General Information

Standard status Active
Size 1,500 SF
Lot size 0.09 Acres
Property subtype Commercial

Building Details

Building Size 1,500 SF
Year Built 1947
Listing Agency: Keller Williams Legacy
Listed By: Nick Jaafar · License #6501403947
Source: Elliman
Added: Nov 27, 2025 Changed: Aug 14 Last Checked: Aug 29 at 2:23PM

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 Keller Williams Legacy

Investment Insights

Based on property information with market context.

This former boutique retail space features an open layout, sleek epoxied floors, and natural light, creating a bright and welcoming atmosphere. The property is situated in a prime location with great visibility. This versatile space is suitable for a range of business opportunities. All measurements are approximate.

Key Highlights

  • Prime location with great visibility
  • Open space suitable for various business opportunities
  • Sleek epoxied floors

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Law Firm Real Estate Agency Spa & Massage Center Skin Care Clinic Cafe & Coffee Shop Computer & Electronic Repair

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

Location Intelligence

Trade Area within ½ mile

482
Businesses Nearby
65k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 33% Groceries 31% Home Improvements & Furnishings 17% Dining 15%
Aldi Groceries
20,008 visits/mo 0.4 miles
Checkers Dining
8,892 visits/mo 0.4 miles
Family Dollar Shops & Services
7,692 visits/mo 0.4 miles
Great Lakes Ace Home Improvements & Furnishings
7,657 visits/mo 0.1 miles
Dollar General Shops & Services
5,245 visits/mo 0.2 miles

Demographics for 48240, MI

17,962
Population
7,328
Households
2.5
Avg Household Size
38
Median Age
22%
College-Educated
89%
High-School Grad
3.7 sq mi
ZIP Area
4,855
Density / Sq Mi
$57,970
Median Household Income
$37,694
Median Earnings
$1,326
Median Rent
$120,700
Median Home Value

Market

Lease Benchmarks for Redford, MI

$15.45 /SF/Yr
Avg Asking Price
$5.35–$30 /SF/Yr
Price Range
9,701 SF
Avg Space Size

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Versatile retail space with great visibility and natural light.
Where is this retail space located?
The property is located at 25420 GRAND RIVER Ave Redford, MI.
What is the lease rate?
The lease rate is $1,999/Mo.
What are key features of this property?
This property features: Prime location with great visibility; Open space suitable for various business opportunities; Sleek epoxied floors
More about this property
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