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Detroit Multi-Use Investment Opportunity
For Sale
$390,000

491 E Grand Blvd, Detroit, MI 48207

Versatile property near downtown Detroit with exceptional potential.

Property Size3,904 SF
Price / SF$99.90
Days on Market211

Property Features for 491 E Grand Blvd

General Information

Standard status Active
Size 3,904 SF
Property subtype Multi-Family

Building Details

Year Built 1922
Listing Agency: EXP Z Real Estate
Listed By: Chad Apap · License #6501429996
Source: Vmrealestatemichigan
Added: Mar 10 Changed: Sep 30 Last Checked: Oct 5 at 7:25PM

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 EXP Z Real Estate

Investment Insights

Based on property information with market context.

This multi-use property presents an investment opportunity in Detroit. The location provides access to restaurants, nightlife, and entertainment options. Detroit Metro Airport and major expressways are conveniently accessible from the property.

Key Highlights

  • Prime location near downtown Detroit.
  • Quick access to restaurants, nightlife, and entertainment.
  • Convenient proximity to Detroit Metro Airport.

Property Analytics

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Current Use

Adam Shakoor & Associates Law Firm

Suggested Use

Top Pick Real Estate Agency Law Firm HVAC Service Spa & Massage Center Skin Care Clinic Kitchen & Bath Showroom

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

589
Businesses Nearby

Demographics for 48207, MI

21,704
Population
13,026
Households
1.7
Avg Household Size
42
Median Age
35%
College-Educated
88%
High-School Grad
6.3 sq mi
ZIP Area
3,445
Density / Sq Mi
$44,561
Median Household Income
$43,377
Median Earnings
$1,040
Median Rent
$193,800
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Versatile property near downtown Detroit with exceptional potential.
Where is this mixed-use property located?
The property is located at 491 E Grand Blvd Detroit, MI.
What is the asking price?
The asking price for this property is $390,000.
What are key features of this property?
This property features: Prime location near downtown Detroit.; Quick access to restaurants, nightlife, and entertainment.; Convenient proximity to Detroit Metro Airport.
More about this property
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