Search
Retail Space with Open Layout

25420 GRAND RIVER Ave, Redford, MI 48240

For Lease
$1,999/Mo

Versatile retail space with great visibility and natural light.

Space SizeContact for details
Property Size1,500 SF
Lot Size0.09 Acres
Days on Market245

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 MI #403947
Source: Elliman
Added: Mar 11 Changed: Nov 5 Last Checked: Nov 8 at 7:02AM

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

Rey
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.

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

Key Highlights

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

Property Analytics

Who owns this building? See the owner, sales and loan history
Open 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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Redford, MI

$21.53 /SF/Yr
Avg Asking Price
$5.35–$175 /SF/Yr
Price Range
11,648 SF
Avg Space Size

Average Price Trend$/SF/Yr for Retail space in Wayne County, MI

$15.47 Jul
$16.68 Aug
$18.01 Sep
$18.25 Oct

Properties on Market for Retail space in Wayne County

Jul
Aug
Sep
Oct

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025

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
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

Ask Rey → ChatGPT Grok Claude
Preferred Make Realmo a preferred source.

Our comps and market reports get this label in your Google results.

Add as a preferred source on Google One click on Google
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message
Why this one?
Saved