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8443 Grand River Ave, Detroit, MI 48204

13,000 SF building in Detroit's growing neighborhood.

Space Size13,000 SF
Days on Market303

Property Features for 8443 Grand River Ave

General Information

Standard status Active
Size 13,000 SF
Property subtype RETAIL

Spaces For Lease

at 8443 Grand River Ave Contact us

8443 Grand River Ave $15,000/Mo

Floor
Bldg
Size
13,000 SF
Type
RETAIL
Lease Type
GROSS
Availability
AVAILABLE, Now
Sublease
No
- Discover a prime opportunity in one of Detroit’s fastest-growing neighborhoods!...
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Listing Agency: SVN-Cohn Commercial Properties
Listed By: Harry Cohn · License #07986251
Source: Moodyscre
Added: Nov 10, 2025 Changed: Sep 8 Last Checked: Sep 8 at 7:52AM

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 13,000 square foot building, constructed in 1929 and renovated in 2016, is located in a rapidly growing Detroit neighborhood. The property features five versatile units suitable for restaurants, culinary concepts, or ghost kitchens. The space includes dining and lounge areas and can accommodate nightclubs, banquet halls, corporate events, and other uses. It is suitable for a variety of retail and restaurant businesses.

Key Highlights

  • Located in one of Detroit’s fastest‑growing neighborhoods.
  • 13,000 SF building suitable for various commercial uses.
  • Features five versatile units ideal for restaurants, culinary concepts, or ghost kitchens.

Property Analytics

Current Use

Retail space

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.

Lease Details

NNN (Triple Net)
Lease Type
$2.08 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

247
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

Lease Benchmarks for Detroit, MI

$22.35 /SF/Yr
Avg Asking Price
$13.2–$35 /SF/Yr
Price Range
4,364 SF
Avg Space Size

This space is priced 38% below the average of $22.35 /SF/Yr.

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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Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Restaurant - 13,000 SF building in Detroit's growing neighborhood.
Where is this restaurant located?
The property is located at 8443 Grand River Ave Detroit, MI.
What is the lease rate?
The lease rate is $15,000/Mo.
What are key features of this property?
This property features: Located in one of Detroit’s fastest‑growing neighborhoods.; 13,000 SF building suitable for various commercial uses.; Features five versatile units ideal for restaurants, culinary concepts, or ghost kitchens.
(248) 818-0010 Call to check price and availability
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