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    25025-25047 Grand Riv Ave Redford Charter Township, MI 48240

    Sponsored
    For Lease
    Contact for pricing

    Prime Redford retail space, 1,400-2,400 sq ft.

    Lot size:
    5,050 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    Redford Plaza, located at 25025-25047 Grand River Avenue in Redford Charter Township, Michigan (zip code 48240), offers a fantastic retail opportunity. This multi-tenant property boasts a total of 5,050 square feet, currently housing two suites. A prime 1,400 square foot space is immediately available, with the potential to expand contiguously up to 2,400 square feet. The property is classified as retail storefront space, suitable for various uses including restaurants. Situated in Wayne County, this location benefits from excellent visibility and accessibility along Grand River Avenue. The available space presents a unique chance for businesses seeking a well-positioned storefront in a thriving community. The property's convenient location and flexible space options make it an ideal choice for a variety of retail concepts. Interested parties should note that the minimum divisible space is 1,400 square feet. This presents a compelling opportunity for businesses seeking a strong presence in a high-traffic area.

    Property Features for 25025-25047 Grand Riv Ave

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    5,050 SF

    Unit(s) available at that property

    Space
    Available Space 2
    Size
    1,400 SF

    HighLights

    • 5,050 SF multi‑tenant retail building in Redford Charter Township, MI.
    • 1,400 SF retail space immediately available, expandable to 2,400 SF.
    • Retail storefront space suitable for restaurants and other uses.
    • High visibility and accessibility on Grand River Avenue in Wayne County.
    • Minimum divisible space: 1,400 SF.
    Property Profile Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Redford Charter Township
    County
    Wayne
    State
    Michigan
    Longitude
    -83.287671
    Latitude
    42.428024

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    FAQs

    What type of property is this?
    Restaurant - Prime Redford retail space, 1,400-2,400 sq ft.
    Where is this restaurant located?
    The property is located at 25025-25047 Grand Riv Ave Redford Charter Township, MI.
    What are key features of this property?
    This property features: 5,050 SF multi-tenant retail building in Redford Charter Township, MI.; 1,400 SF retail space immediately available, expandable to 2,400 SF.; Retail storefront space suitable for restaurants and other uses.
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    Redford Charter Township, MI 48240
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    25025-25047 Grand Riv Ave Redford Charter Township, MI 48240
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