1020 Grand River Ave Brighton, MI 48116
- Commercial real estate
- 2,286 SF
- 0.35 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 1020 Grand River Ave
- Lot size
- 0.35 lot acres
- Property size
- 2,286 SF
- Zone code
- C2
- Property type
- Commercial real estate
- APN
- 18-31-200-066
- APU
- 1831200066
Description
This exceptional 1,777 sq ft industrial property in Brighton, MI, is ideally situated on Grand River Avenue, offering unparalleled visibility and accessibility. The charming brick building boasts a prime location, ensuring high traffic and convenient access for clients and employees. The versatile space includes a well-maintained interior with a thoughtful layout, perfect for a variety of professional uses. The property features multiple individual offices, a kitchenette, and a bathroom, providing a comfortable and efficient work environment. Ample parking is provided with nine dedicated spaces. Adding to the convenience, there's an attached 532 sq ft garage and a detached 320 sq ft garage, offering significant storage or additional workspace. The property's location is further enhanced by its proximity to major amenities such as Planet Fitness, Caretel Inns Brighton, Busch's Market, and Kroger. This is an excellent opportunity for medical practices, consulting firms, or any professional service seeking a strategic location with practical amenities in a thriving community. The 0.35-acre lot provides ample space and the building's high visibility makes it an ideal location for establishing a strong business presence. This property is priced at $350,000.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $325,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $295,000
- 6.5%
- $295,000
- 7%
- $270,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $235,000
- Geo Method
- $310,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $320,000
- Retail
- $315,000
- Mixed-Use
- $290,000
- Hospitality
- $325,000
- Educational
- $280,000
- Residential Income
- $275,000
- Energy
- $315,000
- Income-Based Land
- $300,000
- Food Service
- $265,000
Location Insight
- Map
- Local Demand
- City
- Brighton
- County
- Livingston
- State
- Michigan
- Longitude
- -83.7716
- Latitude
- 42.5234
- CBSA code
- 19820
- CBSA name
- DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA