31505 Grand Riv Ave, Farmington, MI 48336-4209
- Warehouses
- 50,646 SF
- 3.32 lot acres
Current Use by Public Records
- Haller Appraisal Services / Real Estate Agency
- Chimney swift sanctuary / Bird Watching Area
- Denisa Rama Photography / Wedding Service / Photography Service
- Duraclean Restoration & Cleaning Service / Carpet Cleaning Service / Service Establishment
- Powerhaus Creative / Publishing House
Property Details for 31505 Grand Riv Ave
- Year built
- 1917
- Lot size
- 3.32 lot acres
- Zone code
- C3
- Property type
- Warehouses
- APN
- 20-23-27-478-006
- APU
- 202327478006
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Feb 11, 2025 | $350,000 | Lasalle U7 LLC | John Stirling White LLC | Warranty Deed | — |
| Jan 31, 2025 | $350,000 | Lasalle U7 LLC | John Stirling White LLC | Warranty Deed | — |
| Jul 5, 2019 | — | B Meltel LLC | — | Deed · related | — |
| Jun 22, 2005 | — | John Stirling White LLC | White,john S | Quit Claim Deed · related | — |
Description
This exceptional 50,646-square-foot industrial property, located at 31505 Grand River Avenue in Farmington, Michigan, presents a compelling investment opportunity. The three-story building, constructed in 1917, sits on a 3.32-acre lot and boasts a C-3 zoning designation. The property features two grade-level doors and two dock-high doors, along with ample parking for 110 vehicles. Ceiling heights range from 10 to 16 feet, offering versatile space for various uses. Currently configured as a multi-tenant rental property, this building offers significant potential for redevelopment or repurposing. The substantial lot size and central Farmington location provide excellent redevelopment opportunities, potentially suitable for a MEDC project. The asking price is $499,000, translating to $9.85 per square foot of land value. The property includes office space adaptable to tenant needs. This is a rare chance to acquire a large, well-located industrial building with significant upside potential in a thriving Michigan community. The property's history and current configuration make it ideal for a variety of uses, from continued multi-tenant occupancy to complete redevelopment. The ample parking and convenient location add to its appeal.
Value Estimations
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Location Insight
- Map
- Local Demand
- City
- Farmington
- County
- Oakland
- State
- Michigan
- Longitude
- -83.3575
- Latitude
- 42.4561
- CBSA code
- 19820
- CBSA name
- DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA
