Historic Multi-Floor Retail
For Sale
Contact for pricing
400 Grand River Ave, Detroit, MI 48226
Historic 1880 building with three floors and a newly serviced freight elevator, including a tenant in place for 20+ years.
Property Size30,300 SF
Price / SF$99.01
Days on Market150
Property Features for 400 Grand River Ave
General Information
Standard status
Active
Size
30,300 SF
Class
A
Property subtype
Retail, Office, Mixed Use
Investment Type
Owner/User
Amenities
freight elevator
Building Details
Year Built
1880
Stories
3
Tenancy
Single
Listing Agency:
Gebrael Management Real Estate Services
Listed By:
Tre Liston · License #MI 6501447368
Source:
Crexi
Added: Apr 11
Changed: Aug 22
Last Checked: Sep 7 at 3:31AM
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 Gebrael Management Real Estate Services
Investment Insights
Based on property information with market context.
For sale is a historic multi-floor retail building originally built in 1880, offering a total of 30,300 square feet with 7,300 square feet located in the basement. The building is arranged across three floors, with one floor currently occupied by a tenant who has been in place for more than 20 years.
The property has a newly serviced freight elevator, supporting goods movement between levels. The offering is positioned as a downtown Detroit retail building at 400 Grand River Ave.
The building totals 30,300 square feet, including the basement portion. Asking price is $3,000,000, and land contract terms are available.
The property has a newly serviced freight elevator, supporting goods movement between levels. The offering is positioned as a downtown Detroit retail building at 400 Grand River Ave.
The building totals 30,300 square feet, including the basement portion. Asking price is $3,000,000, and land contract terms are available.
Key Highlights
- Historic building built in 1880 with three floors in downtown Detroit
- Total size is 30,300 sq ft, including 7,300 sq ft of basement space
- Tenant occupies one floor and has been in place for 20+ years
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
5,263
Businesses Nearby
64k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Hotels & Casinos 80%
Shops & Services 18%
Dining 2%
Hilton Garden Inn Detroit Downtown
Hotels & Casinos
13,735 visits/mo
0.5 miles
Cambria Hotel Detroit Downtown
Hotels & Casinos
13,247 visits/mo
0.4 miles
Hotel Indigo Detroit Downtown
Hotels & Casinos
12,361 visits/mo
0.3 miles
Mobil
Shops & Services
8,172 visits/mo
0.4 miles
Element Detroit At The Metropolitan
Hotels & Casinos
6,858 visits/mo
0.3 miles
Demographics for 48226, MI
6,307
Population
5,160
Households
1.2
Avg Household Size
37
Median Age
53%
College-Educated
93%
High-School Grad
1.2 sq mi
ZIP Area
5,256
Density / Sq Mi
$69,813
Median Household Income
$60,957
Median Earnings
$1,714
Median Rent
$307,700
Median Home Value
Market
Vacancy Rate% for Retail in Detroit, MI
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Retail space - Historic 1880 building with three floors and a newly serviced freight elevator, including a tenant in place for 20+ years.
Where is this retail space located?
The property is located at 400 Grand River Ave Detroit, MI.
What is the asking price?
The asking price for this property is $3,000,000.
What are key features of this property?
This property features: Historic building built in 1880 with three floors in downtown Detroit; Total size is 30,300 sq ft, including 7,300 sq ft of basement space; Tenant occupies one floor and has been in place for 20+ years
