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    OFF-MARKET
    Coworking space

    2641 Grand Blvd, Detroit, MI 48206

    5,900 SF Built 1925
    Entity Owned 1-yr Hold
    Property ID
    US43-1892535
    Property summary
    AI-generated overview

    This exceptional 5,900 square foot commercial property, located at 2641 W. Grand Blvd in Detroit, Michigan, presents a unique investment opportunity. Situated on a 0.17-acre lot in Wayne County, this building boasts a blend of traditional office and coworking space, perfect for a variety of businesses. Built in 1925, the property is classified as Class D and features a single building with multiple tenancies. The property type is versatile, encompassing retail, office, and special purpose uses, offering flexibility for potential tenants. The address is conveniently located in the 48206 zip code of Detroit. The building's substantial square footage provides ample space for various configurations, catering to diverse business needs. This prime location in a vibrant city offers excellent potential for growth and return on investment. The property's history adds character and charm, while its adaptable layout allows for modern business operations. This is a rare chance to acquire a well-positioned commercial property in a dynamic urban setting. The multiple tenancy structure offers income diversification potential. The property's size and location make it an attractive option for businesses seeking a prominent Detroit presence. This is an excellent opportunity to own a piece of Detroit's rich history while capitalizing on its future potential.

    Property profile
    Verified
    Property type Coworking space
    Year built 1925
    Total area 5,900 SF
    UPID US43-1892535
    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
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    Owner & transaction history
    Mi Investment LLC · 1 yrs held
    Mi Investment LLC
    since 2025
    2 recorded transactions
    2025
    2023
    $300,000
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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