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About This Home

This 0-bedroom, 0-bathroom commercial at 503 W GRAND Boulevard in Detroit, MI is listed for $395,000 ($90 per sqft). Built in 1971, the home offers 4,389 sqft of living space on a 0.15 acres lot.

Agent Description

Introducing 503 W Grand Blvd, a rare opportunity to own a vacant medical building located in the heart of Detroit, MI. This spacious property is in need of updates, making it the perfect canvas for investors and business owners looking to create a custom space.

With over 7,500 square feet of interior space, this building offers ample room to accommodate a variety of businesses, from medical practices to creative studios or office area. The building features multiple levels, with large open rooms, private offices, and plenty of storage capacity.

While the building is in need of updates, it is equipped with the essential infrastructure required for a medical facility, including plumbing, electrical, and HVAC systems. Located on a busy street, this property offers excellent visibility and easy access to public transportation.

It is situated in close proximity to major hospitals, universities, and downtown Detroit, making it an ideal location for a variety of businesses. Investors and business owners who are looking for a unique opportunity to create a custom space in a bustling location will appreciate the potential of 503 W Grand Blvd. With its prime location and flexible interior space, this building offers endless possibilities for those looking to make their mark in the heart of Detroit.

Key Features

  • Built in 1971
  • 0.15 acre lot

Property Details

1 story
1971

Monthly Cost Estimate

$2,113/mo

20% down · 6.5% · 30 years

Principal$286
Interest$1,712
Insurance$115

Estimates only. Actual payments may vary.

Location

503 W GRAND Boulevard

Detroit, MI 48216

SCOTTEN LOVETT & DAVIS SUB (PLATS)

Property Details

Construction

Brick

Questions & Answers

This 0-bedroom, 0-bathroom commercial at 503 W GRAND Boulevard is listed at $395,000 ($90/sqft). The estimated monthly payment is $1,712 based on 20% down at 6.5% interest.

Key features include: Built in 1971, 0.15 acre lot.

This property is listed by Christopher Deighton and can be reached at 7345781150 or chris@mittenmadeproperties.com.

CD

Christopher Deighton

Agent at EXP Realty Main

(734) 578-1150

Listed by EXP Realty Main · View on Broker Site

MLS# 20251062284· Source: listhub· Updated 151 days ago

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503 W GRAND Boulevard, Detroit, MI 48216

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