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Jim Blehm

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

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33409 Grand River Ave , Farmington, MI 48335
$1,600,000
Est. Payment: $3,555.56/mo
0 Bed
0 Bath
10032 Sqft
Status: Active | Days on site: 134
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House Description

Exceptional investor or owner/user opportunity in the heart of Farmington’s thriving Downtown. This mixed-use property includes two parcels 33409–33419 and 33423–33425 Grand River Avenue with a combination of office, retail, service, and entertainment/leisure spaces for diversified income. 14 reserved spaces with a large adjacent municipal lot.Prime Grand River Avenue frontage ensures excellent visibility in a highly walkable downtown surrounded by restaurants, shops, parks, and cultural attractions, with easy access to major freeways. Downtown Farmington is nationally recognized for its historic charm, vibrant pedestrian environment, and year-round events that draw consistent foot traffic including more than six million visitors from spring through fall 2024, according to statistics from Oakland County.Current tenants include Art 101, Nailz Salon, Three’s Company Real Estate office, and The Beauty Bar. Recent vacancy is the 2,500 sq. ft. bar space with liquor license and is included in sale, offering a neutral build-out easily adaptable to a sports bar, restaurant, or specialty food and beverage concept. The two-story building has two 1,000 sq. ft. spaces available plus a couple of finished suites in the basement. This is a rare chance to secure a prime downtown asset ahead of continued redevelopment and growth in Downtown Farmington.

Highlights

Listed by Todd Craft , 248-470-5328 City Life Realty, PC , 248-661-8800.

Property Type

Commercial Sale

Lot/Acreage
0.32

Year Built

1933

County

Oakland

Neighborhood

Farmington Hills

School District

Farmington

Listing ID

20251027060

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Interior Features

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

Exterior Features

Principal Interest
$3,556
Taxes
$2,777

Home Price

$1,600,000

Loan Details

30 yrs
%

Down Payment

20%
$320,000
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Monthly Price:
$3,555.56

Principal

Taxes

Principal Taxes HOA Total
Monthly $3,555.56 $2,777.25 $0.00 $6,332.81
Yearly $42,666.67 $33,327.00 $0.00 $75,993.67
Total $1,280,000.00 $999,810.00 $0.00 $2,279,810.00

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 (Farmington, 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.