Vacant Medical Office
For Sale
$365,000
503 W Grand Boulevard, Detroit, MI 48216
Multi-level layout includes open rooms, private offices, storage, and existing building systems.
Property Size4,389 SF
Days on Market221
Property Features for 503 W Grand Boulevard
General Information
Standard status
Active
Size
4,389 SF
Property subtype
Commercial
Zoning
Commercial
Site & Location
Road Access
Yes
Public Transit
Yes
Utilities to Site
Yes
Taxes and HOA fees
Annual Taxes
$7,761
Building Details
Building Size
4,389 SF
Year Built
1971
Buildings
1
Stories
1
Owner Occupied
No
Listing Agency:
EXP Realty Main
(734) 578-1150
Listed By:
Christopher Deighton
(734) 578-1150
Source:
Phgrealty
Added: Jan 1
Changed: Aug 7
Last Checked: Aug 10 at 10:41AM
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.
This vacant medical office property contains over 7,500 square feet of interior space across multiple levels. The layout includes large open rooms, private offices, and substantial storage capacity, offering a range of existing configurations for a medical practice or office use. The building requires updates and retains plumbing, electrical, and HVAC systems associated with its prior medical function.
Positioned on a busy street in Detroit, the property provides access to public transportation and is near major hospitals, universities, and downtown. Commercial zoning and the combination of open areas, private rooms, and existing infrastructure provide a foundation for a customized office environment.
Positioned on a busy street in Detroit, the property provides access to public transportation and is near major hospitals, universities, and downtown. Commercial zoning and the combination of open areas, private rooms, and existing infrastructure provide a foundation for a customized office environment.
Key Highlights
- Over 7,500 square feet of interior space
- Multiple levels with large open rooms and private offices
- Existing plumbing, electrical, and HVAC systems
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
374
Businesses Nearby
Under-served
Demand for This Use
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
Market
Vacancy Rate% for Office in Detroit, MI
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Medical Office Space - Multi-level layout includes open rooms, private offices, storage, and existing building systems.
Where is this medical office space located?
The property is located at 503 W Grand Boulevard Detroit, MI.
What is the asking price?
The asking price for this property is $365,000.
What are key features of this property?
This property features: Over 7,500 square feet of interior space; Multiple levels with large open rooms and private offices; Existing plumbing, electrical, and HVAC systems
