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Jim Blehm

Team Owner, Realtor® | The Blehm Group | Keller Williams

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503 W Grand Boulevard , Detroit, MI 48216
$350,000
Est. Payment: $777.78/mo
0 Bed
0 Bath
4389 Sqft
Status: Active | Days on site: 134
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375382 - 371740
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House 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.

Highlights

Listed by Christopher Deighton , 734-578-1150 EXP Realty Main , 888-501-7085.

Property Type

Commercial Sale

Lot/Acreage
0.15

Year Built

1971

County

Wayne

School District

Detroit

Listing ID

20251062284

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:0
  • Full Bathrooms:
Basement:Basement
Water:Public

Exterior Features

Principal Interest
$778
Taxes
$647

Home Price

$350,000

Loan Details

30 yrs
%

Down Payment

20%
$70,000
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Monthly Price:
$777.78

Principal

Taxes

Principal Taxes HOA Total
Monthly $777.78 $646.75 $0.00 $1,424.53
Yearly $9,333.33 $7,761.00 $0.00 $17,094.33
Total $280,000.00 $232,830.00 $0.00 $512,830.00

Today's Rates

30 Year

0%

20 Year

0%

15 Year

0%

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Market insight data is pulled from the same city as the listing being viewed (Detroit, MI).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.