Detroit Medical Building
For Sale
$375,000
503 W GRAND Blvd, Detroit, MI 48216
Vacant medical building in Detroit, MI, with customization potential.
Property Size7,500 SF
Price / SF$50
Days on Market100
Property Features for 503 W GRAND Blvd
General Information
Standard status
Active
Size
7,500 SF
Property subtype
Commercial
Building Details
Year Built
1971
Listing Agency:
EXP Realty Main
(734) 578-1150
Listed By:
Christopher Deighton
(734) 578-1150
Source:
Elliman
Added: Apr 24
Changed: Jul 10
Last Checked: Jul 31 at 10:16AM
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 Main
Investment Insights
Based on property information with market context.
Located in Detroit, MI, 503 W Grand Blvd presents an opportunity to own a vacant medical building. The property, requiring updates, offers over 7,500 square feet of interior space suitable for various businesses, including medical practices, creative studios, or general office space. The building features multiple levels with large open rooms, private offices, and storage. Essential infrastructure for a medical facility is in place, including plumbing, electrical, and HVAC systems. Situated on a busy street, the property benefits from high visibility and accessibility to public transportation. Its location offers proximity to major hospitals, universities, and downtown Detroit. The location has a bike score of 56, indicating it is bikeable, a walk score of 52, indicating it is somewhat walkable, and a transit score of 46, indicating some transit options are available.
Key Highlights
- Vacant 7,500+ sq ft building offering a custom space opportunity.
- Prime Detroit location on W Grand Blvd with excellent visibility.
- Equipped with essential infrastructure: plumbing, electrical, and HVAC systems.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
374
Businesses Nearby
Explore this area
Business Placement
Demographics for 48216, MI
5,031
Population
3,398
Households
1.5
Avg Household Size
35
Median Age
37%
College-Educated
87%
High-School Grad
2.3 sq mi
ZIP Area
2,187
Density / Sq Mi
$42,278
Median Household Income
$42,189
Median Earnings
$860
Median Rent
$225,300
Median Home Value
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Frequently Asked Questions
What type of property is this?
Medical center - Vacant medical building in Detroit, MI, with customization potential.
Where is this medical center located?
The property is located at 503 W GRAND Blvd Detroit, MI.
What is the asking price?
The asking price for this property is $375,000.
What are key features of this property?
This property features: Vacant 7,500+ sq ft building offering a custom space opportunity.; Prime Detroit location on W Grand Blvd with excellent visibility.; Equipped with essential infrastructure: plumbing, electrical, and HVAC systems.