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Detroit Medical Building Opportunity
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
Listed By: Christopher Deighton
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

Current Use

Medical centers

Suggested Use

Top Pick Real Estate Agency Hair Salon Nail Salon Daycare Center Skin Care Clinic Plumbing Service

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

374
Businesses Nearby

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
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?
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.
More about this property
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