Property profile

1020 Grand Riv Ave Brighton, MI 48116

OFF-MARKET
Commercial real estate
Property ID
US43-1977130
2,286 SF 0.35 ac lot
Entity Owned 1-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Total area 2,286 SF
Lot 0.35 ac (15,115 SF)
Zoning code C2
APN 18-31-200-066
UPID US43-1977130

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Physician
  • Physician

Location

1020 Grand Riv Ave Brighton, MI 48116-1804
Brighton metro Census 741601 DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$325k

Owner & transaction history

since 2025
Last sale
$340,000
5 recorded transactions
2025
$340,000
1999
$155,000
1969
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

C2 · Brighton, MI

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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