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Jim Blehm

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

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505 E Grand Boulevard , Detroit, MI 48207
$750,000
Est. Payment: $1,666.67/mo
22712 Sqft
0.54 Acres
Status: active | Days on site: 151
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367742 - 415168
By proceeding and clicking the sign up button, you consent to receive calls and texts (SMS/MMS) including marketing and promotional communications, from Jim Blehm, its affiliates, and agents or vendors acting on their behalf. These communications may be delivered using an automatic telephone dialing system or by using an artificial or prerecorded voice. Message and data rates may apply. To opt out of text messages, reply STOP. Your consent is not required as a condition of any purchase. By continuing, you also agree to our Terms of Use and Privacy Policy.
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Jim Blehm
Team Owner, Realtor®
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House Description

Don't miss this amazing investment opportunity! This location and space makes your possibilities endless. As a former health care facility, the space is ready you to make your own. With over 40 rooms, the layout could work for many different business types. The property is just blocks away from Belle Isle and Detroit Riverfront. This 3 story property sits on a .5 acre lot, with a front paved entryway leading up to the front door. The building needs some TLC but the bones and layout make this a fantastic investment opportunity. Don't miss out....call today to schedule a private tour. Building sold in as-is condition
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Highlights

Listed by Cara Pimer , 734-377-8644 Source Realty LLC , 734-285-0300. MichRIC

Property Type

Commercial Sale
Lot/Acreage
0.54

Year Built

1937

County

Wayne

 School District

Detroit

Listing ID

20261041497

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Interior Features

Basement:Basement
Water:Public

Exterior Features
Principal Interest
$1,667
Taxes
$1,868

Home Price

$750,000

Loan Details

30 yrs
0%

Down Payment

20%
$150,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$1,666.67

Principal

Taxes

Principal Taxes HOA Total
Monthly $1,666.67 $1,868.33 $0.00 $3,535.00
Yearly $20,000.00 $22,420.00 $0.00 $42,420.00
Total $600,000.00 $672,600.00 $0.00 $1,272,600.00
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Brian Belinger
Loan Originator
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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.

Information provided by Southwestern Michigan Regional Information Center, LLC and is deemed reliable but not guaranteed accurate.

Data last updated: 2026-11-02T20:20:57.000Z

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