33409 GRAND RIV S GRAND RIVER AVE SW $875,000

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    33409 GRAND RIV S GRAND RIVER AVE SW Farmington, MI 48335

    Sold
    SOLD 5/13/2021

    $875,000

    Market Estimate
    • 11,400 sq. ft.
    • Commercial
    • MLS# 40108153
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    Views: 210

    Property Details

    EXCEPTIONAL INVESTOR, OR OWNER/USER OPPORTUNITY IN FARMINGTON'S FLOURISHING DDA DISTRICT*PURCHASE BEFORE THE COMPLETION OF RECENTLY ANNOUNCED REDEVELOPMENT PLANS WITHIN THE DISTRICT*A UNIQUE MIXED USE PROPERTY WITH OFFICE, RETAIL, SERVICE AND ENTERTAINMENT/LEISURE FOR GREATER STABILITY OF OPERATIONS*A WELL MAINTAINED PROPERTY WITH STRONG TENANT PROFILE*PRIVATE LOT OF 14 SPACES ALLOWS FOR RESERVED PARKING AND OFFERS SIGNIFICANT REDEVELOPMENT/EXPANSION OPPORTUNITY*ADJACENT TO LARGE MUNICIPAL PARKING LOT FOR EASY CUSTOMER ACCESS*CLOSE TO CITY HALL, LIBRARY, RESTAURANTS & PARKS*PREMIUM GRAND RIVER FRONTAGE*CONVENIENT ACCESS TO MAJOR FREEWAYS*CURRENT VACANCY EST ADDITIONAL RENT $2000/MO*BROKER IS PARTNER IN BUILDING****INCLUDES PROPERTY ID: 23 28 278 005 (33409 THRU 33419 GRAND RIVER AVENUE) AND PROPERTY ID: 23 28 278 004 (33423 THRU 33425 GRAND RIVER AVENUE/2 STORY BUILDING)

    • General Features
      • Acreage 0
      • Area Municipality Farmington (63263)
      • County Oakland
      • Originating MLS RealComp
      • Ownership Private
      • Subdivision FRED M WARNERS ADD NO 2
      • Total SqFt Finished 11400
      • Waterfront Y/N No
      • Year Built 1925
      • ZONING Professional Office,Commercial
    • Building Features
      • Cooling System Central A/C
      • Exterior Construction Brick, Brick Front, Stucco
      • Foundation Type Basement, Crawl
      • Heating System Forced Air
      • FUEL TYPE Natural Gas
      • Roofing Asphalt, Other-See Remarks
    • Property Features
      • Water Public Water
      • Lot Size 106X70X100X87
      • Roads Class A
      • Sewer Septic Public Sanitary

    Neighborhood

    48335 (Farmington) Demographics

    37 Median Age
    3,128 Population Density (per sq. mile)
    70% College Educated
    $82,973 Estimated Median Income
    4,634 Estimated Total Home Owners
    6,231 Estimated Total Renters
    43% / 57% Estimated Owner / Renter Divide
    2 Estimated Average Household Size
    23,574 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $512,945 Median Sales Price
    4 Homes Sold
    24 New On Market

    Average Days on Site

      Properties for Sale

        Calculations provided by Reliance Network

        Property History

        Date Event Price Percent Change
        -- New in Database Source: Multiple Listing Service New Value: $0 -100%
        5/13/2021 3:00:00 AM Sold Source: Multiple Listing Service New Value: $875,000
        Information is provided in part by the IDX program of the Great Lakes Repository. All information provided is deemed reliable but is not guaranteed and should be independently verified.

        Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.