You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
Back to Search
Property profile & analytics
OFF-MARKET
Turn key restaurants

18200 Grand Riv Ave Detroit, MI 48223-2311

5,413 SF 0.09 ac lot Built 1930
Entity Owned Free & Clear
Property ID
US43-5058465
Property summary
AI-generated overview

This exceptional mixed-use property, located at 18200 Grand River Ave in Detroit, Michigan, presents a compelling investment opportunity. Boasting 8,600 square feet of space, this newly updated building is zoned for commercial use and offers significant potential for multi-tenant occupancy. Its prime location on Grand River Avenue ensures high visibility and accessibility, attracting a diverse range of potential tenants. The flexible layout is ideal for accommodating both commercial and residential uses, making it a versatile option for various business models and lifestyles. The ample square footage allows for customization to suit individual tenant needs, maximizing rental income potential. This property is situated in a high-traffic area of Wayne County, zip code 48223, offering excellent exposure and convenient access for businesses and residents alike. The standard ownership structure provides a straightforward acquisition process. This is an ideal opportunity for investors seeking a strong return on investment in a thriving Detroit location. The asking price is $379,000. This property is ready for immediate occupancy and offers a unique blend of commercial and residential potential.

Property profile
Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1930
Total area 5,413 SF
Lot 0.09 ac (3,920 SF)
Zoning code B4
APN 22008167.
UPID US43-5058465
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Red Property Equities LLC
Red Property Equities LLC
since 2025
7 recorded transactions
2025
$50,960
2021
Price N/A
2021
Price N/A
2021
Price N/A
2019
Price N/A
2015
Price N/A
2013
$21,000
Zoning & alternative use
B4 · Detroit, MI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 18200 Grand Riv Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message