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Detroit Retail Space For Sale
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5760 Grand River Ave, Detroit, MI 48208

Retail space available for sale in Detroit, Michigan.

Property Size7,700 SF
Price / SF$45.45
Days on Market844

Property Features for 5760 Grand River Ave

General Information

Standard status Active
Size 7,700 SF
Property subtype Retail
Zoning B-4

Building Details

Year Built 1925
Year Renovated 1940
Buildings 1
Stories 1
Listing Agency: Signature Associates Warren
Listed By: Joe Stack · License #MI
Source: Crexi
Added: May 3, 2024 Changed: Aug 20 Last Checked: Aug 23 at 8:38PM

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 Signature Associates Warren

Investment Insights

Based on property information with market context.

This commercial property, suitable for retail use, is available for sale. The property offers a total size of 7,700 square feet and is located on Grand River Avenue in Detroit, Michigan.

Key Highlights

  • Historic Charm: Built in 1925, offering unique character and architectural details.
  • Established Neighborhood: Benefit from the maturity and community feel of a long‑standing area.
  • Potential for Customization: Opportunity to update and personalize a classic home.

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Real Estate Agency Law Firm Spa & Massage Center Restaurant Building Supply Hair Salon

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

628
Businesses Nearby
7k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 100%
Family Dollar Shops & Services
6,857 visits/mo 0.5 miles

Demographics for 48208, MI

8,090
Population
5,226
Households
1.5
Avg Household Size
37
Median Age
27%
College-Educated
79%
High-School Grad
3.2 sq mi
ZIP Area
2,528
Density / Sq Mi
$29,742
Median Household Income
$39,526
Median Earnings
$842
Median Rent
$186,700
Median Home Value

Market

Vacancy Rate% for Retail in Detroit, MI

7.5% 2019
9.2% 2020
8.5% 2021
7.3% 2022
7.9% 2023
7% 2024
7% 2025
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Frequently Asked Questions

What type of property is this?
Retail space - Retail space available for sale in Detroit, Michigan.
Where is this retail space located?
The property is located at 5760 Grand River Ave Detroit, MI.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: Historic Charm: Built in 1925, offering unique character and architectural details.; Established Neighborhood: Benefit from the maturity and community feel of a long‑standing area.; Potential for Customization: Opportunity to update and personalize a classic home.
(248) 359-0615 Call to check price and availability
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