503 W GRAND BLVD Detroit MI 48216 MLS #20240043119

503 W GRAND BLVD
Detroit, MI, 48216
$425,000
Beds
0 Baths
4,389 SqFt
0.15 Acres
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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.

Property Details

Price:
$425,000
MLS #:
20240043119
Status:
Active
Beds:
0
Baths:
0
Address:
503 W GRAND BLVD
Type:
Commercial
Subtype:
Real Estate Only
Subdivision:
SCOTTEN LOVETT & DAVIS SUB PLATS
Neighborhood:
05101 – Det South Of Grand River
City:
Detroit
Listed Date:
Jun 18, 2024
State:
MI
Finished Sq Ft:
4,389
Total Sq Ft:
4,389
ZIP:
48216
Lot Size:
6,534 sqft / 0.15 acres (approx)
Year Built:
1971
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Meet Andrea Stephan, an accomplished real estate professional with industry experience and a heart dedicated to service. With a background in education, Andrea began her journey as a former teacher, where her passion for nurturing others blossomed. Transitioning seamlessly into the business world, Andrea played a pivotal role in building a property management company from the ground up. Her relentless dedication and innate ability to connect with others have been instrumental to her success. C…

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Schools

School District:
Detroit

Interior

Heating
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Exterior

Construction Materials
Brick

Financial

Taxes
$7,761

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