Property profile

26080 Grand River Ave Redford, MI 48240

FOR SALE
Turn key restaurants
Property ID
US43-1201690
2,136 SF 0.32 ac lot Built 1948
Entity Owned 1-yr Hold Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional freestanding commercial property, located at 26080 Grand River Avenue in Redford Charter Township, Michigan, presents a unique opportunity for a discerning buyer or tenant. The 2,136 square foot building, constructed in 1948, sits on a 0.32-acre lot and boasts excellent visibility from its prominent corner location on Grand River Avenue, north of Grand River and west of Beech Daly. The property features ample parking, a significant advantage for businesses seeking high customer traffic. Currently vacant, this single-tenant building is ideal for a variety of retail or restaurant uses. The property is available for purchase at $439,000 or for lease at $4,000 per month, NNN. Land contract terms are also available, offering flexible financing options. The property's parcel number is 79003020616000. This is a rare opportunity to acquire a well-situated commercial property in a thriving area of Redford Charter Township, with the potential for significant return on investment. The property's one-story design and ample space make it an attractive option for a wide range of businesses. Don't miss this chance to secure a prime location in a high-traffic area.

Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1948
Construction CONCRETE BLOCKS
Total area 2,136 SF
Lot 0.32 ac (13,939 SF)
APN 79 003 02 0616 000
UPID US43-1201690

Cap rate & NOI

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

Location

26080 Grand River Ave Redford, MI 48240
Redford metro Census 554100 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
$185k

Owner & transaction history

since 2025
Last sale
$200,000
4 recorded transactions
2025
Price N/A
2025
$200,000
2025
$395,000
2008
Price N/A

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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More about this property
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