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33672563
33672564

19260 Grand River Avenue, Detroit, MI 48223

LW
MI 6505433499
$475,000
76 days on market
Updated 15 days ago
Opportunity zone

19260 Grand River Avenue

Details
APN W22I008028C30
Property Type Business for Sale, Retail
Sub Type Business and Building
Square Footage 2,100
NOI $192,108
Year Built 1955
Acreage 0.140

Business for Sale | 2,100 SqFt

Marketing description

Investment Opportunity An exceptional opportunity to acquire both a thriving childcare business and its fully renovated real estate. Strategically located in a high-visibility corridor, this high-capacity facility has undergone a complete top-to-bottom transformation in 2023. This is a rare, dual-asset sale perfect for an owner-operator or a savvy investor looking to enter the essential services market with zero deferred maintenance. • Infrastructure: Brand new roof, high-efficiency windows, and durable new flooring throughout. • Mechanicals: New HVAC system and updated plumbing/electrical systems. • Kitchen: Fully updated gourmet/commercial kitchen featuring a Sub-Zero commercial refrigerator. • Power: Upgraded electrical with outside base power coding, specifically designed to support high-draw commercial appliances and modern technology needs. • Safety: Modernized bathrooms and interior layouts designed to meet or exceed Michigan LARA safety standards. Business & Location • Exposure: Prime frontage on a major thoroughfare with high traffic counts and excellent signage visibility. • Ready for Growth: All furniture, fixtures, and educational equipment are included in the sale. • Licensing: Property is "daycare-ready." Buyer to secure an original license upon acquisition (Standard Michigan process).
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Listing Contacts

LW
MI 6505433499

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Loan Amount
$0.00
Annual Debt Service
$--
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Annual Cash Flow
$192,108.00
$16,009.00/mo

Valuation Metrics

0
DSCR
40.44%
Cap Rate
40.44%
ROI

Map

Zoning

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B4 CommercialGeneral CommercialGeneral Business District
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Last updated Jun 22, 2026 For deeper zoning details, reports are available at Zoneomics

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Property History

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Additional Information

Name
Letitia Worthy
License
6505433499
Brokerage
Worthy Solomon Realty LLC
Brokerage Phone
313-269-6920
Title
Real Estate Principal Broker
Brokerage Address
2571 East Jefferson Avenue
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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