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Multi-Tenant Office Building
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33604 Grand River Ave, Farmington, MI 48336

Multi-tenant office building with dedicated on-site parking and a second-floor suite configured with private offices, kitchen, and restrooms.

Property Size4,214 SF
Price / SF$149.50
Days on Market120

Property Features for 33604 Grand River Ave

General Information

Standard status Active
Size 4,214 SF
Total Parking Spaces 13
Property subtype Office
Zoning Office Service
Investment Type Value Add
Net Operating Income $14,048

Building Details

Year Built 1956
Year Renovated 2021
Stories 2
Units 2
Tenancy Multi
Listing Agency: P.A. Commercial Corporate & Investment Real Estate
Listed By: Matthew Schiffman · License #MI 6501364824
Source: Crexi
Added: May 9 Changed: Sep 4 Last Checked: Aug 30 at 4:42PM

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 P.A. Commercial Corporate & Investment Real Estate

Investment Insights

Based on property information with market context.

This multi-tenant office building offers a well-appointed interior and includes a second floor configured with four private offices, a full kitchen, and two restrooms. The building is currently 61% leased to a financial services firm, providing in-place income, and the remaining lease term is described as approximately five years, with 1.5% annual escalations and a 10-year renewal option.

The property is positioned along Main Street in downtown Farmington and is located within the Downtown Development Authority (DDA) District, described as offering walkability to restaurants, retail, and community amenities. Dedicated on-site parking and strong visibility along a recognized downtown corridor are also noted.

With both occupied space and additional second-floor space that is described as available for lease-up or owner-user use, the building can support a tenant seeking an established office environment while offering room for future occupancy planning.

Key Highlights

  • 4,214 SF multi‑tenant office building built in 1956 in downtown Farmington
  • Currently 61% leased to a financial services firm with approx. 5 years remaining and 1.5% annual escalations
  • Includes a 10‑year renewal option, supporting long‑term tenancy and income continuity

Property Analytics

Current Use

Bluewater Investment Strategies Financial Advisor

Suggested Use

Top Pick HVAC Service Daycare Center (Bike/Boat/Book/etc) Store Bakery Barber Shop Plumbing 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.

Location Intelligence

Trade Area within ½ mile

736
Businesses Nearby

Demographics for 48336, MI

26,802
Population
12,296
Households
2.2
Avg Household Size
42
Median Age
44%
College-Educated
92%
High-School Grad
9.3 sq mi
ZIP Area
2,882
Density / Sq Mi
$85,325
Median Household Income
$54,077
Median Earnings
$1,141
Median Rent
$247,600
Median Home Value

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
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Frequently Asked Questions

What type of property is this?
Office building - Multi-tenant office building with dedicated on-site parking and a second-floor suite configured with private offices, kitchen, and restrooms.
Where is this office building located?
The property is located at 33604 Grand River Ave Farmington, MI.
What is the asking price?
The asking price for this property is $630,000.
What are key features of this property?
This property features: 4,214 SF multi‑tenant office building built in 1956 in downtown Farmington; Currently 61% leased to a financial services firm with approx. 5 years remaining and 1.5% annual escalations; Includes a 10‑year renewal option, supporting long‑term tenancy and income continuity
(248) 358-0100 Call to check price and availability
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