15725 & 15749 Grand River - 2 Buildings
RETAIL | GREENFIELD & GRAND RIVER
Marketing description
15725 GRAND RIVER AVE at 15725 Grand River Ave, Detroit, MI 48227 presents a compelling retail investment and redevelopment opportunity along one of Detroit’s most established west-side commercial corridors. This 7,423 SF B4-zoned building offers exceptional frontage, strong visibility, and steady traffic near the signalized Greenfield & Grand River intersection.
Priced at $499,000 ($67.22/SF), the property is ideal for an owner-user seeking a customizable footprint or an investor pursuing value-add upside through lease-up and repositioning. The flexible layout supports a variety of retail, service, wellness, and neighborhood commercial uses, with ample potential to transform the space into a multi-tenant retail plaza or shopping center concept.
Surrounded by dense residential neighborhoods and national retailers including Dollar Tree, Rainbow, DTLR, Foot Locker, Advance Auto Parts, Boost Mobile, and Little Caesars, the site benefits from an established consumer base and continued corridor revitalization. With targeted façade, window, and interior upgrades, this well-located asset offers a clear path to increased market appeal, stronger rents, and long-term appreciation.
Investment highlights
- Value-Add Potential: Targeted improvements—particularly façade, windows, and interior customization—can quickly elevate market appeal and rental rates. Corridor revitalization enhances long-term upside for repositioning and lease-up strategies.
- Redevelopment Opportunity: Well-suited for repositioning into a neighborhood shopping center or multi-tenant retail plaza. Large combined frontage along a major corridor supports strong visibility and branding opportunities. Flexible interior layouts allow seamless conversion into a cohesive retail strip, accommodating food, service, wellness, and general retail users. Surrounding residential density and consistent traffic volumes align with typical neighborhood center demand drivers.
- Established Commercial Corridor: Located along a major west-side arterial with strong visibility, daily traffic, and a history of durable commercial activity. Ongoing public and private investments continue to strengthen the corridor’s stability and long-term appreciation potential.
- Owner-User or Investor Flexibility: Suitable for an owner-occupant seeking a customizable footprint or an investor pursuing multitenant lease-up and income growth. Configurable layouts support a wide variety of commercial uses with straightforward improvement pathways.
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