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2550 W GRAND

$ 3,950,000
2550 W GRAND ,


Turn key commercial property boasts a 38,000 square foot building on over 3 acres of land with gated/secure parking, approximately 160 parking spaces and operational elevators. Sale includes 2550 W Grand, 2532 W Grand, 2536 W Grand, and 1956 Ferry Park. The First floor features large event and banquet space as well as perimeter offices. The Second floor consists of a large conference room and offices. There is outstanding potential for immediate cash flow or a mixed use redevelopment with the footprint of the land and available parking. Nearby projects on this stretch of West Grand include the 155 million dollar Henry Ford Cancer Center, the 50 Million Dollar Motown Museum expansion, and restoration of historic Lee Plaza. The property is within walking distance to New Center, Marble Bar, Lincoln St Art Park.

Address: 2550 W GRAND
Zip: 48208
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Property Id : 27266
Price: $ 3,950,000
Building size: 3.31 acres
Available Space: 38000 sq.ft.
Active Openhouse Count: 0
Assessment: 100
CDOM: 71
CoList Agent MUI: 242552538
CoList Agent Direct Work Phone: (313) 974-1830
CoList Agent Email:
CoList Agent FullName: Alex Lauer
CoList Agent MLSID: 387117
CoList Office MUI: 359448062
CoList Office MLSID: 412060
CoList Office Name: Alexander Real Estate Detroit, LLC
CoList Office Phone: (313) 230-0510
Commercial Type: Real Estate Only
County Or Parish: Wayne
Current Use: Vacant
Directions: From Rosa Parks...W on Grand
Directions From EastWest: W
Directions From EastWest Detail: Rosa Parks
Directions From NorthSouth: N
Directions From NorthSouth Detail: Marquette
DOM: 71
Frontage Feet: 322
Gross Scheduled Income: 0.00
Last Change Type: Price Decrease
List Office Name: Alexander Real Estate Detroit, LLC
List Price By Acre: 1193353.4743
Lock Box Type: Appointment
Lot Size Dimensions: 322.00X151.00
MLS: Realcomp II Ltd
MLS Area Major: Det: Livernois-I75 6-Gd River
MLS Area Major Number: 05043
MLS Number: 219119471
Monthly Sales: 0
Annual Net Income: 0.00
Operating Expense: 0.00
Original List Price: 4500000.00
Ownership Status: Private Owned,Short Sale - No
Parcel Number: W08I001652C7
Postal City: Detroit
Property Type: Commercial
Protection Period: 90 days
Road Frontage Type: Paved
Room Count: 0
School District: Detroit
Settlement: City
Sewer: Sewer at Street
Short Sale: No
State Equalized Value: 397100.0000
Street Dir Prefix: W
Street Name: GRAND
Street Number: 2550
Table: Commercial
Taxable Value: 397100.0000
Tax Amount Summer: 31476.0000
Tax Amount Winter: 0.0000
Tax Legal Description: S GRAND BLVD 17 THRU 13 CORLISS & ANDRUS BLVD PARK SUB L23 P57 PLATS, W C R 8/78 6 THRU 4 HATCHERS SUB L24 P16 PLATS, W C R 8/79 321.88 IRREG
Title: Private - Owned
Total Tax: 31476.0000
Unit Count: 0
Water Source: Municipal Water
Zoning: Commercial
Customer Comment: Yes
Encroachment: No
Existing Lease: No
Land Contract: No
Publish Sale Price: Yes
Waterfront: No
IDX provided courtesy of Realcomp II Ltd., via Alexander Real Estate Detroit, LLC and Realcomp, © 2021 Realcomp II Ltd. Shareholders.

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