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$ 1,600,000
Est. payment | /mo
10,032 SqFt
$ 1,600,000
Est. payment | /mo
10,032 SqFt
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 10,032 sqft
Price per Sqft $159
Municipality Farmington Hills
Subdivision Farmington Hills
MLS Listing ID 20251027060
Year Built 1933
Annual Tax Amount $33,327
Lot Size 0.320 Acres
Acres 0.32
Lot Dimensions 106X133.6
Source Realcomp
Property 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.
Location
State MI
County Oakland
Zoning Commercial,Office
Direction South side of Grand River Ave just West of Farmington Road
Rooms
Basement Basement
Interior
Heating Forced Air
Exterior
View Y/N No
Building
Foundation Block
Water Public
Structure Type Brick
Schools
School District Farmington
Others
Tax ID 2328278004.2328278005
Listed by City Life Realty, PC
Nearby Locations
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