2600 E Grand Boulevard Detroit, MI ^$ 2,600,000

2600 E Grand Boulevard

^$ 2,600,000

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2600 E Grand Boulevard

Detroit, MI, 48211

^$ 2,600,000

Studio Baths0.0 Sq 73,000

Monthly Estimate*

^$ 18,162

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Studio

Commercial Property for sale in Detroit, MI

for $2,600,000. This 73,000 square foot building was built on a lot size of 1.61.

2600 East Grand Boulevard is a two-story building which sits on 1.61 acres of land. The first developed use of the site appears to be residential sometime after 1897 when it was a portion of a larger lot that extended north. By 1910, the property was part of the American Wood Grain Co. (makers of oil cloth). The Frank Brothers American Iron Company bought it in 1915, and by 1931, the Peschke Meat Packing Co. developed the site into its present configuration. The building lends itself well to a residential or mixed-use redevelopment. The property has been approved as a Marijuana Grower Facility (MGF) and Marijuana Processing Facility (MPF) by the City of Detroit.

Commercial Active

Price

^$ 2,600,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 35,338

Style

Commercial/Industrial

Lot Size

1.61

Town/City

Detroit

County/Region

Wayne

MLS | Web ID

60236744

Features

General

Possession At Close

Water Public Water

Status Active Active

Year Built 19

Subdivision MILLERS W A C FACTORY MI

County Wayne

Class COM/IND/BUS OPP

Type Commercial/Industrial

Percent Ownership Private

Municipality Detroit

Zoning Commercial Industrial

Area Detroit (82001)

Primary City Detroit

Directions .

City Detroit

Street Name Grand

Financial Terms Cash

Legal Description E ORLEANS 6 THRU 8 W A C MILLERS FACTORY SUB L24 P14 PLATS W C R 7/85 70 195 SQ FT

DOM 308

Postal Code 48211

Price Per Sq Ft 35.62

Coming Soon

Exterior

Exterior Brick

Frontage 300

Lot Size Area 1.61

Lot Dimensions 300x240

Roads Paved Street

Waterfront Y/N No

* Excluded Features

List By

Vincent Mazzola

Listing Agent

O'connor Realty Detroit, Llc

Broker

vincent@oconnordetroit.com

Affordability Calculator

$21,107

Per Month

Monthly Principal & Interest: $18,162
Monthly Property Taxes: $2,945
Monthly Home Insurance: --

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Down Payment

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Yearly Home Insurance

Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Detroit, MI

Average List Price ^$469,629

Percent of Sale Price 82%

About Detroit, MI

633,657 Population

-33% Since 2002

^$26,977 Median Income

36.23 Median Age

26% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

760529 Elementary School

760235 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
7/13/2023	$2,600,000		Listed Price

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2600 E Grand Boulevard, Detroit, MI, 48211 is a Commercial Property for sale at $2,600,000 with 73,000 sqft and a lot size of 1.61. 2600 E Grand Boulevard is a studio with 0.0 baths. The property's zip code is 48211 which is in Detroit, MI

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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2600 E Grand Boulevard

Commercial Property for sale in Detroit, MI

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