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Mixed-Use Property with Three Structures
For Lease
$5,000/Mo

3003 E Grand, Detroit, MI 48203

A residence, warehouse, and workshop share one parcel, with potential for live/work space or light manufacturing.

Space SizeContact for details
Days on Market282

Property Features for 3003 E Grand

General Information

Standard status Active
Zoning Mixed Use,Commercial,Industrial,Resident

Site & Location

Neighborhood Oakman Blvd Community
Listing Agency: Clyde Realty LLC
Listed By: Ian Breck · License #6501453223
Source: Jabachler
Added: Jan 22 Changed: Oct 30 Last Checked: Oct 31 at 5:39AM

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 Clyde Realty LLC

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Investment Insights

Based on property information with market context.

Three distinct buildings occupy a single parcel: a 2,340-square-foot residence dating to 1874, a 2,488-square-foot warehouse, and a 1,120-square-foot workshop. The property is identified for mixed-use potential, including live/work arrangements with light manufacturing, as well as bar or restaurant use.

The site is located a few blocks from Woodward in Detroit. The combination of residential, warehouse, and workshop space provides several existing building types within one property.

Key Highlights

  • Three buildings on one parcel: a 2,340‑square‑foot residence, 2,488‑square‑foot warehouse, and 1,120‑square‑foot workshop
  • Residence built in 1874
  • Potential uses include live/work space with light manufacturing

Property Analytics

Current Use

Manufacturing properties

Suggested Use

Top Pick Law Firm Real Estate Agency Spa & Massage Center Hair Salon Gym & Fitness Center 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

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

480
Businesses Nearby

Demographics for 48203, MI

22,168
Population
13,591
Households
1.6
Avg Household Size
39
Median Age
19%
College-Educated
85%
High-School Grad
8.2 sq mi
ZIP Area
2,703
Density / Sq Mi
$35,108
Median Household Income
$28,364
Median Earnings
$799
Median Rent
$76,100
Median Home Value

Market

Lease Benchmarks for Detroit, MI

$24.56 /SF/Yr
Avg Asking Price
$9.6–$50 /SF/Yr
Price Range
41,381 SF
Avg Space Size

Vacancy Rate% for Industrial in Detroit, MI

3% 2019
4.2% 2020
2.5% 2021
2.4% 2022
3% 2023
3.4% 2024
3.7% 2025

Frequently Asked Questions

What type of property is this?
Mixed-use property - A residence, warehouse, and workshop share one parcel, with potential for live/work space or light manufacturing.
Where is this mixed-use property located?
The property is located at 3003 E Grand Detroit, MI.
What is the lease rate?
The lease rate is $5,000/Mo.
What are key features of this property?
This property features: Three buildings on one parcel: a 2,340‑square‑foot residence, 2,488‑square‑foot warehouse, and 1,120‑square‑foot workshop; Residence built in 1874; Potential uses include live/work space with light manufacturing
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