Property profile

218 Grand Riv Ave Brighton, MI 48116

OFF-MARKET
Other commercial real estate
Property ID
US43-1954056
4,127 SF 0.75 ac lot Built 1931
Entity Owned 15-yr Hold Free & Clear
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Property summary

AI-generated overview

This office suite is located on the second floor of the Brighton Chamber building and is configured as a private space with a lockable entrance for separation from other areas. The suite contains three offices and one bathroom. Tenants have access to a conference room on the main floor as an amenity associated with building operations. The building is arranged as a gross-lease style environment in which occupants are not responsible for additional property costs beyond phone service. The overall building size is 4,127 square feet, and the property is situated in Brighton.

Property profile

Verified
Property type Other commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1931
Total area 4,127 SF
Lot 0.75 ac (32,801 SF)
Zoning code DBD
APN 18-31-102-019
UPID US43-1954056

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
  • Business Service Center Advocacy Group
  • Social Service Agency
  • Business Service Center Advocacy Group
  • Training Center Vocational School

Location

218 Grand Riv Ave Brighton, MI 48116-1512
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
$828k
Blend (final) Blend
$305k

Owner & transaction history

since 2011
7 recorded transactions
2025
Price N/A
2011
$310,000
2011
Price N/A
2006
Price N/A
2002
$475,000
1969
Price N/A
1969
Price N/A

Zoning & alternative use

DBD · Brighton, MI
Zoning description

The purposes of the Downtown Business district is to encourage and direct a form of development, within the boundaries of the DBD, that will achieve the physical qualities necessary to maintain and enhance the economic v…

General category COMMERCIAL

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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