Former Healthcare Facility
For Sale
$750,000
505 GRAND BLVD, Detroit, MI 48207
Three-story building with 40-plus rooms, sold as-is and positioned on a paved front entryway.
Property Size22,712 SF
Price / SF$33.02
Days on Market70
Property Features for 505 GRAND BLVD
General Information
Standard status
Active
Size
22,712 SF
Property subtype
Industrial
Amenities
3
Building Details
Year Built
19
Listing Agency:
Source Realty LLC
(734) 377-8644
Listed By:
Cara Pimer · License #6501415168
(734) 377-8644
Source:
Xome
Added: Jun 3
Changed: Aug 8
Last Checked: Aug 11 at 4:55AM
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 Source Realty LLC
Investment Insights
Based on property information with market context.
This three-story former healthcare facility offers a multi-room interior layout with 40-plus rooms, suited for a range of business configurations. The building is being sold in as-is condition and will require some TLC, while the existing bones and arrangement can support a variety of reuse plans.
The property sits on a 0.5-acre lot and features a front paved entryway leading up to the main front door. It is located just blocks away from Belle Isle and the Detroit Riverfront.
As listed, the building is priced and marketed for buyers prepared to renovate and customize the space based on their specific needs, with the flexibility of a room-heavy floor plan.
The property sits on a 0.5-acre lot and features a front paved entryway leading up to the main front door. It is located just blocks away from Belle Isle and the Detroit Riverfront.
As listed, the building is priced and marketed for buyers prepared to renovate and customize the space based on their specific needs, with the flexibility of a room-heavy floor plan.
Key Highlights
- 3‑story building with 40‑plus rooms, formerly used as a health care facility
- Set on a 0.5‑acre lot with a front paved entryway leading to the front door
- 3 guest facilities
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
59
Businesses Nearby
Explore this area
Business Placement
Demographics for 48207, MI
21,704
Population
13,026
Households
1.7
Avg Household Size
42
Median Age
35%
College-Educated
88%
High-School Grad
6.3 sq mi
ZIP Area
3,445
Density / Sq Mi
$44,561
Median Household Income
$43,377
Median Earnings
$1,040
Median Rent
$193,800
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Medical center - Three-story building with 40-plus rooms, sold as-is and positioned on a paved front entryway.
Where is this medical center located?
The property is located at 505 GRAND BLVD Detroit, MI.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: 3‑story building with 40‑plus rooms, formerly used as a health care facility; Set on a 0.5‑acre lot with a front paved entryway leading to the front door; 3 guest facilities
