15924 Grand River Ave

15924 Grand River Ave, Detroit, MI 48227

Property Information

  • For Sale $350,000
  • Property Type Retail - Street Retail
  • Property Size 8,280 SF
  • Units 2
  • Lot Size 0.13 Acre
  • Year Built 1946
  • Date Updated Aug 5, 2026

Description

15924 Grand River Ave is strategically positioned within one of Detroit’s primary west-side commercial corridors, offering strong visibility and consistent daily traffic flow. Grand River Avenue serves as a major arterial roadway connecting the surrounding neighborhoods to the city’s core, making it a preferred route for both local residents and commuter activity. The immediate area features a diverse mix of retail, service-based businesses, institutional uses, and neighborhood amenities, creating a stable commercial environment supported by long-standing community demand. The property benefits from its proximity to dense residential neighborhoods that provide a reliable customer base for ground-floor retail and future second-floor office users. The corridor has experienced ongoing public and private investment, contributing to enhanced streetscape improvements, new business openings, and gradual economic revitalization across the surrounding district. Its location along an established transit route further increases accessibility for customers, employees, and future tenants. Overall, the site’s placement along Grand River’s active commercial spine—combined with strong connectivity, residential density, and continued redevelopment momentum—positions the property within a resilient and growing submarket that supports long-term occupancy and investor stability.Final Call for Offers – Due Monday, August 31: 15924 Grand River presents a flexible opportunity for both investors and owner-users. The property currently generates approximately $4,000 per month in rental income, with additional NOI upside through leasing the remaining vacant spaces. The current ground-floor tenant is on a month-to-month lease, creating the potential for an owner-user to occupy the storefront or reposition it for a higher-value retail use. Whether your strategy is owner occupancy or increasing cash flow through lease-up, this property offers multiple paths to create value.

Contacts

Location

Located at 15924 Grand River Ave, Detroit, MI 48227, this property is part of the Cerveny - Grandmont neighborhood and Detroit market.

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