491 E Grand, Detroit, MI 48203

Listing Agency: Exp Z Real Estate s***@soldbymarkz.com Show Phone

Listed By: Chad Apap · License MI #6501429996 Show Phone

Source: Jabachler

Added: Oct 7, 2025 Changed: Nov 11 Last Checked: Nov 12 at 10:32PM

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Investment Insights

Based on property information with market context.

Located at 491 E Grand in Detroit, this mixed-use property is zoned Commercial. The site is near downtown, with restaurants, nightlife, and entertainment in the surrounding area. Major expressways and Detroit Metro Airport are also nearby.

Key Highlights

• Commercial zoning
• 491 E Grand address in Detroit
• Near downtown, restaurants, nightlife, and entertainment

Property Analytics

Current Use

Mixed-use properties

Suggested Use

Top Pick Real Estate Agency Dental Office Law Firm Big Box & Wholesale Store Building Supply Restaurant

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

Yes

Highway access

Location Intelligence

Trade Area within ½ mile

376

Businesses Nearby

Explore this area Business Placement

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

Average Price Trend$/SF for Mixed-use properties in Detroit, MI

$164 Jul

$75.95 Aug

$80.41 Sep

$125 Oct

Properties on Market for Mixed-use properties in Detroit

Jul

Aug

Sep

Oct

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Mixed-Use Property with Detached Garage

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Frequently Asked Questions

What type of property is this?

Mixed-use property - The Detroit property carries a Commercial zoning designation.

Where is this mixed-use property located?

The property is located at 491 E Grand 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: Commercial zoning; 491 E Grand address in Detroit; Near downtown, restaurants, nightlife, and entertainment