33614 Grand River Ave & 33615/17 Adams St
Multifamily
Marketing description
Forward Commercial Group (FCG) is pleased to offer for sale 33614 Grand River Avenue with 33615/17 Adams Street in Farmington, Michigan. This offering presents a rare opportunity to acquire a three-unit residential income-producing asset on approximately 0.264 acres in the downtown Farmington corridor adjacent to commercial and office uses and evolving residential density. The property offers in-place income with significant long-term upside through redevelopment and assemblage potential, along with flexibility for a future parcel split, within one of Metro Detroit's most desirable suburban downtown districts.
Located just west of downtown Farmington along Grand River Avenue, the property consists of a 1,769 square foot, two-story single-family rental home at 33614 Grand River Ave and a 1,183 square foot, single-story duplex situated directly behind at 33615/17 Adams Street.
Do not disturb tenants.
Investment highlights
- Established Oakland County suburb located approximately 20 miles northwest of downtown Detroit.
- Walkable downtown core along Grand River Avenue serving as the community's primary retail, office and civic corridor.
- Recent growth in new and repositioned retail, restaurants, and service-oriented tenants, contributing to an increasingly active street-level environment.
- Ongoing reinvestment supported by the Downtown Development Authority and corridor planning initiatives focused on long-term revitalization.
- Gradual transition toward higher-density residential and infill redevelopment, particularly on sites adjacent to downtown.
- Older and underutilized parcels along and near Grand River Avenue present long-term assemblage and redevelopment potential.
- Strong investor and developer interest driven by constrained supply, walkability, and improved land economics within the downtown corridor.
- Excellent regional connectivity via Grand River Avenue, I-696, and M-5 providing access to broader Metro Detroit employment and retail centers.
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