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Detroit Multi-Use Investment Opportunity
For Sale
$399,999

491 E GRAND Blvd, Detroit, MI 48207

Versatile property near downtown Detroit with exceptional potential.

Property Size3,904 SF
Lot Size0.20 Acres
Days on Market165

Property Features for 491 E GRAND Blvd

General Information

Standard status Active
Size 3,904 SF
Lot size 0.20 Acres
Property subtype Investment

Taxes and HOA fees

Annual Taxes $3,782

Building Details

Building Size 3,904 SF
Year Built 1922
Units 10
Listing Agency: eXp Realty LLC
Listed By: Chad Apap · License #6501429996
Source: Elliman
Added: Mar 10 Changed: Aug 11 Last Checked: Aug 20 at 10:39AM

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 eXp Realty LLC

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

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
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

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 $399,999.
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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