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    1600 Grand Blvd Detroit, MI 48211

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    For Sale
    Contact for pricing

    Detroit Flex & Warehouse Investment

    Property size:
    166,041 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional Detroit investment opportunity encompasses two buildings totaling 184,738 square feet, strategically located at 1600 and 1634 E. Grand Blvd, in Wayne County, MI, zip code 48211. The property is classified as industrial, with flex and warehouse subtypes, offering a unique blend of uses. The 4-story building at 1600 E. Grand Blvd features approximately 80,479 square feet available for sale, and boasts 18,000 square feet of office space currently available for lease. This building offers turn-key office space, elevator access including a full freight elevator, and the potential for adding valuable roof deck space. The fourth floor provides stunning views. The second building, located at 1634 E. Grand Blvd, is a warehouse/industrial space totaling 104,259 square feet available for sale. This building offers secure gated parking, grade-level doors, and convenient truckwells. The combined net rentable area across both buildings is 45,077 square feet. This multi-tenant property presents a compelling investment opportunity in a dynamic Detroit location. The buildings are situated on a combined parcel with a total building square footage of 166,041 square feet. This property offers significant potential for various business ventures and long-term growth.

    Property Features for 1600 Grand Blvd

    General Information

    Property type
    Distribution properties
    Square Feet
    166,041 SF

    Building Details

    Stories
    4

    HighLights

    • 1600 E. Grand Blvd - Office Building for Lease
    • 18,000 - 72,300 square feet of office space available for lease
    • 80,479 square feet total building area available for sale
    • Four‑story office building with turn‑key office space available
    • Fourth‑floor office space offers great views
    • Building features elevator access and a freight elevator
    Property Profile Location Intelligence

    Current Use by Public Records

    Grosse Pointe Old ... Non-Profit Organization Wright Energy Partners Corporate Office Energy Group, Inc. Corporate Office Robar PR Public Relations Firm YouthBuild East: Blueprint ... Training Centre

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Detroit
    County
    Wayne
    State
    Michigan
    Longitude
    -83.0294037
    Latitude
    42.3786321

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    FAQs

    What type of property is this?
    Distribution property - Detroit Flex & Warehouse Investment
    Where is this distribution property located?
    The property is located at 1600 Grand Blvd Detroit, MI.
    What are key features of this property?
    This property features: 1600 E. Grand Blvd - Office Building for Lease; 18,000 - 72,300 square feet of office space available for lease; 80,479 square feet total building area available for sale
    Request Owner's contact information
    1600 Grand Blvd Detroit, MI 48211
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    Detroit, MI 48211
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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
    1600 Grand Blvd Detroit, MI 48211
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