Vacant Medical Office
For Sale
$365,000
503 W Grand Boulevard, Detroit, MI 48216
Multi-level medical facility with private offices, open rooms, storage, and existing building systems.
Property Size4,389 SF
Price / SF$83.16
Days on Market232
Property Features for 503 W Grand Boulevard
General Information
Standard status
Active
Size
4,389 SF
Property subtype
Commercial
Zoning
Commercial
Lease Term
Cash, Conventional
Property Condition
Severity
Repairs Needed
Evidence
in need of updates
Site & Location
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
Listing Agency:
EXP Realty Main
(734) 578-1150
Listed By:
Christopher Deighton
(734) 578-1150
Source:
Sabudarealty
Added: Jan 1
Changed: Aug 20
Last Checked: Aug 20 at 7:28AM
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 at 503 W Grand Boulevard includes multiple levels with large open rooms, private offices, and substantial storage capacity. The building dates to 1971 and requires updates, providing an existing structure for a customized medical or office configuration. Plumbing, electrical, and HVAC systems are in place for medical-facility operations.
The property sits on a busy street in Detroit with access to public transportation. Hospitals, universities, and downtown Detroit are nearby, adding established institutional and urban context to the location. The interior layout combines open areas and enclosed rooms, supporting a range of workspace arrangements within the existing building.
The property sits on a busy street in Detroit with access to public transportation. Hospitals, universities, and downtown Detroit are nearby, adding established institutional and urban context to the location. The interior layout combines open areas and enclosed rooms, supporting a range of workspace arrangements within the existing building.
Key Highlights
- Vacant medical office property at 503 W Grand Boulevard, Detroit, MI 48216
- Multiple levels with large open rooms, private offices, and storage capacity
- Plumbing, electrical, and HVAC systems are already installed
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
543
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 medical facility with private offices, open rooms, 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: Vacant medical office property at 503 W Grand Boulevard, Detroit, MI 48216; Multiple levels with large open rooms, private offices, and storage capacity; Plumbing, electrical, and HVAC systems are already installed
