Grand River Avenue Redevelopment
For Sale
$169,900
9104 Grand River Ave, Detroit, MI 48204
Commercial building and parking lot for sale on Grand River.
Property Size1,580 SF
Lot Size0.60 Acres
Price / SF$107.53
Days on Market165
Property Features for 9104 Grand River Ave
General Information
Standard status
Active
Size
1,580 SF
Lot size
0.60 Acres
Property subtype
Commercial
Taxes and HOA fees
Annual Taxes
$1,258
Building Details
Building Size
1,580 SF
Year Built
1980
Listing Agency:
(248) 230-8767
Listed By:
Samuel Johnny
(248) 230-8767
Source:
Elliman
Added: Mar 11
Changed: Aug 16
Last Checked: Aug 22 at 10:49AM
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 Samuel Johnny
Investment Insights
Based on property information with market context.
This offering presents an excellent commercial redevelopment opportunity situated on Detroit’s active Grand River Avenue corridor, near the intersection of Joy Road and I-96. The property includes two lots located at 9116 & 9104 W Grand River Ave, featuring a 1,580 sq ft freestanding commercial building and an adjacent paved parking lot. The building, while requiring a complete renovation, provides a solid structural shell. It is zoned B4, making it suitable for a wide array of commercial uses, such as a restaurant, bar, café, lounge, carry-out, retail service, or professional office. The location benefits from high visibility, strong daily traffic counts, a large surrounding residential base, and ongoing neighborhood redevelopment activity. This property is ideal for investors, developers, or owner-operators seeking to reimagine and revitalize a Detroit commercial property with long-term upside potential.
Key Highlights
- Prime location on Detroit's Grand River Avenue near Joy Road and I‑96, offering high visibility and strong traffic.
- Flexible B4 zoning allows for a wide range of commercial uses.
- SBA 7(a) or 504 financing options available, potentially as little as 10% down for qualified owner‑operators.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
351
Businesses Nearby
5k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 79%
Dining 21%
BP
Shops & Services
3,909 visits/mo
0.5 miles
Church's Chicken
Dining
1,033 visits/mo
0.1 miles
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Storefront property - Commercial building and parking lot for sale on Grand River.
Where is this storefront property located?
The property is located at 9104 Grand River Ave Detroit, MI.
What is the asking price?
The asking price for this property is $169,900.
What are key features of this property?
This property features: Prime location on Detroit's Grand River Avenue near Joy Road and I‑96, offering high visibility and strong traffic.; Flexible B4 zoning allows for a wide range of commercial uses.; SBA 7(a) or 504 financing options available, potentially as little as 10% down for qualified owner‑operators.
