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  • Price$4,000,000
  • SQ. Feet59,063
  • Acres0.27
  • Built1945

2990 W Grand Blvd, Detroit

A GREAT OPPORTUNITY WITHIN THE POPULAR NEW CENTER AREA/THEATER DISTRICT IN THE CITY OF DETROIT. CASH FLOWING COMMERCIAL BUILDING THAT HAS 59,063 SF THAT FACES THE FISHER BUILDING AND RIGHT NEXT DOOR TO THE NEW CENTER PARK. WITHIN 3 MILES OF DOWNTOWN. APPROX 1/2 MILE OF HENRY FORD HOSPITAL, 1 MILE FROM WAYNE STATE UNIVERSITY, WITHIN WALKING DISTANCE OF THE MOTOWN MUSEUM AND 2 BLOCKS FROM THE M-1 RAIL STOP. THE MIX OF TENANTS IN THE BUILDING IS INCLUSIVE OF AVALON BAKERY, DETROIT FUTURE CITY, WALKER MILLER, PLAY WORKS AND MANY MORE BUSINESSES. THE BUILDING HAS CURRENTLY 25 OFFICE/RETAIL SUITES THAT CAN BE RECONFIGURED TO MEET JUST ABOUT ANY FLOOR PLAN. RECENT CAPITAL IMPROVEMENTS INCLUDE THE UPGRADING OF COMMON AREAS, MECHANICAL SYSTEMS AND OFFICE SUITES. CURRENTLY PRODUCING $512,078 IN GROSS IN ANNUAL GROSS INCOME. A GREAT HUSTLING AND BUSTLING AREA WITH PLENTY OF TRANSPORTATION AND FOOT TRAFFIC. SALE SUBJECT TO COURT APPROVAL.

Essential Information

  • MLS® #21552883
  • Price$4,000,000
  • Square Footage59,063
  • Acres0.27
  • Year Built1945
  • TypeCommercial
  • Sub-TypeCommercial/Industrial
  • StatusActive
  • Source MLSMiRealSource
  • Originating MLSRealComp

Interior

  • HeatingSteam

Additional Information

  • ZoningMixed Use, Professional Office, Commercial

Community Information

  • Address2990 W Grand Blvd
  • AreaDetroit (Liv-I75/6-GrandRiver)
  • SubdivisionMoran & Moross Pt Of Sec No 31 & 36 (plats)
  • CityDetroit
  • CountyWayne
  • StateMichigan
  • Zip Code48202-3041

Exterior

  • ConstructionBrick
  • FoundationBasement

Listing Details

  • Listing OfficeFront Page Properties
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Provided through IDX via MiRealSource, as the "Source MLS", courtesy of the RealComp shown on the property listing, as the Originating MLS.

The information published and disseminated by the Originating MLS is communicated verbatim, without change by the Originating MLS, as filed with it by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.

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Listing information last updated on April 20th, 2019 at 6:12am EDT.