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Two-Building Retail Package
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8422-8434 Grand River Ave, Detroit, MI 48204

Package sale includes two retail buildings with original brick walls and exposed steel framing.

Property Size11,958 SF
Days on Market7

Property Features for 8422-8434 Grand River Ave

General Information

Standard status Active
Size 11,958 SF
Property subtype Retail - Street Retail

Building Details

Building Size 11,958 SF
Year Built 1929
Buildings 2
Units 2
Construction brick and exposed steel framework
Listing Agency: SVN | Cohn Commercial Properties
Listed By: Jacob Rosberg · License #6501418782
Source: Commercialcafe
Added: Aug 15 Changed: Aug 19 Last Checked: Aug 18 at 8:09AM

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 SVN | Cohn Commercial Properties

Investment Insights

Based on property information with market context.

This retail offering combines 8422 Grand River Avenue, a 7,918-square-foot building, with 8434 Grand River Avenue, a 4,040-square-foot building. The properties are being offered together and date to 1929. Existing brick walls and exposed steel framework provide the basis for a proposed open-air design that would incorporate interior and exterior areas for a beer garden, patio dining, and live outdoor music events.

The buildings are positioned on Grand River Avenue between Joy Road and West Grand Boulevard. Downtown Detroit is less than a 10-minute drive away, adding a defined urban setting to the property’s retail location.

Key Highlights

  • Two retail buildings offered together as one package
  • 8422 Grand River Avenue contains 7,918 square feet
  • 8434 Grand River Avenue contains 4,040 square feet

Property Analytics

Current Use

Storefront properties

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Spa & Massage Center Hair Salon Nail 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

340
Businesses Nearby
Under-served
Demand for This Use

Demographics for 48204, MI

21,738
Population
13,691
Households
1.6
Avg Household Size
37
Median Age
10%
College-Educated
83%
High-School Grad
5.0 sq mi
ZIP Area
4,348
Density / Sq Mi
$32,875
Median Household Income
$26,701
Median Earnings
$970
Median Rent
$53,600
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?
Storefront property - Package sale includes two retail buildings with original brick walls and exposed steel framing.
Where is this storefront property located?
The property is located at 8422-8434 Grand River Ave Detroit, MI.
What are key features of this property?
This property features: Two retail buildings offered together as one package; 8422 Grand River Avenue contains 7,918 square feet; 8434 Grand River Avenue contains 4,040 square feet
More about this property
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