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27192538
27192539

33409-33425 Grand River Ave, Farmington, MI 48335

City Life Realty
Listed by City Life Realty
$1,600,000
253 days on market
Updated 42 days ago

33409-33425 Grand River Ave

Details
APN 33409-33419: 33423-33425
Property Type Office, Retail
Sub Type Bar, Storefront (+1)
Square Footage 11,400
Cap Rate 4.41%
NOI $70,490
Price per SqFt $140
Broker Co-Op Yes
Stories 1
Lot Size (SqFt) 14,139
Zoning CBD: Central Business District
Parking Spaces 14 spaces
Parking Per SqFt 1.23
Investment Type Owner/User
Occupancy Date 09/01/2025

Office | 4.41% CAP | 11,400 SqFt

Marketing description

Prime retail space in historic Downtown Farmington

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 the growth and improvements of its vibrant central business district, as well as for the 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.

Investment highlights

  • Grand river street frontage
  • Private and public parking
  • Rear entrys for easy access to public lot
  • Finished basement suites in two story bldg
  • Liquor license available for bar space
  • Thriving downtown district
  • New park across the street
  • Parking: 14 shared & city parking lots

Listing Contacts

City Life Realty
Listed by City Life Realty

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$70,490.00
$5,874.17/mo

Valuation Metrics

0
DSCR
4.41%
Cap Rate
4.41%
ROI

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