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32397608
32397607

33604 Grand River Ave, Farmington, MI 48336

MS
MI MI 6501364824
P.A. Commercial Corporate & Investment Real Estate
DB
MI 6501181718
P.A. Commercial Corporate & Investment Real Estate
Listed by P.A. Commercial Corporate & Investment Real Estate
$630,000
51 days on market
Updated 4 days ago

33604 Grand River Ave

Details
Property Type Office
Sub Type Executive Office
Square Footage 4,214
Units 2
Cap Rate 2.23%
NOI $14,048
Tenancy Multi
Brand/Tenant BIS
Rent Bumps Yes
Lease Options One (1) 10-year renewal option
Price per SqFt $150
Year Built 1956
Year Renovated 2021
Stories 2
Acreage 0.220
Zoning Office Service
Parking Spaces 13 spaces
Parking Per SqFt 3.08
Investment Type Value Add

33604 Grand River Ave, Farmington, MI 48336

Marketing description

Positioned along the award-winning Main Street in the heart of downtown Farmington, this 4,214 SF multi-tenant office building presents a rare opportunity to acquire a well-appointed asset with both in-place income and meaningful upside potential. The property is currently 61% leased to a financial services firm, providing a stable and predictable revenue stream with approximately five years of remaining lease term, 1.5% annual escalations, and a valuable 10-year renewal option—offering long-term tenancy security and income continuity. The second floor, currently configured with four private offices, a full kitchen, and two restrooms, offers immediate lease-up or owner-user potential, allowing investors to increase cash flow or occupy a portion of the asset while maintaining income from the existing tenant.

Featuring a high-end interior buildout with glass, marble, and luxury stone finishes, the property delivers a professional and modern environment attractive to a wide range of office and service-based users. Its prominent location within the Downtown Development Authority (DDA) District provides exceptional walkability to restaurants, retail, and community amenities—further enhancing tenant demand and long-term value. With dedicated on-site parking and strong visibility along one of the region's most recognized downtown corridors, this offering combines stability, flexibility, and future growth potential in one of Metro Detroit's most desirable suburban downtowns.

Investment highlights

  • 4,214 Sf Landmark Multi-tenant Office Building
  • Stable in-place Income - 61% Leased to Financial Services Tenant
  • Annual Rent Growth - 1.5% Built-in Escalations
  • Long-term Lease Security - 5 Years Remaining + 10-year Renewal Option
  • Value-add Opportunity - Second Floor Available for Lease or Owner-user
  • Prime Downtown Farmington Location in Walkable Dda District
  • High-end Buildout With Glass, Marble & Luxury Stone Finishes
  • Strong Visibility - Prominent Frontage on Award-winning Main Street
  • Private on-site Parking With 13 Dedicated Spaces

Listing Contacts

MS
MI MI 6501364824
P.A. Commercial Corporate & Investment Real Estate
DB
MI 6501181718
P.A. Commercial Corporate & Investment Real Estate
Listed by P.A. Commercial Corporate & Investment Real Estate

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$14,048.00
$1,170.67/mo

Valuation Metrics

0
DSCR
2.23%
Cap Rate
2.23%
ROI

Map

Zoning

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View all 27 uses
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Last updated Feb 20, 2026 For deeper zoning details, reports are available at Zoneomics

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Additional Information

Name
Matthew Schiffman
License
MI 6501364824
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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