$550,000
Detroit, MI 48216
MLS# 24003804
4389 sqft
1 / 2
Property Description
Introducing 503 W Grand Blvd, a rare opportunity to own a vacant medical building located in the heart of Detroit, MI. This spacious property is in need of updates, making it the perfect canvas for investors and business owners looking to create a custom space. With over 7,500 square feet of interior space, this building offers ample room to accommodate a variety of businesses, from medical practices to creative studios or office area. The building features multiple levels, with large open rooms, private offices, and plenty of storage capacity.
Details
Maps
Documents
Location & Property Info
County: Wayne
Street #: 503
Street Direction: W
Street Name: Grand
Suffix: Boulevard
State: MI
Zip Code: 48216
Zip (4): 2200
Cross Streets: Vernor & Grand W Blvd
Property Sub-Type: Retail/Commercial
Area: Wayne County - 100
Municipality: Detroit City
Office/Contract Info
Status: Active
Current Price: $550,000
List Price: $550,000
Auction or For Sale: For Sale
List Price/SqFt: 125.31
Prop Avail for Lease?: No
Sub Agency Type: %
Buyer Agency: 3
Buyer Agency Type: %
Trans Coord Type: %
Listing Date: 2024-01-18
General Property Info
New Construction: No
Lot Measurement: Acres
Lot Acres: 0.15
Lot Square Footage: 6534
Lot Dimensions: 60 x 107
Year Built: 1971
Road Frontage: 60
# Fin Bldg Lvls: 4389
Total # Bldgs: 1
Total SqFt: 4389
Waterfront: No
School District: Detroit
Tax Info
Tax ID #: 14008317-8
Taxable Value: 88668
SEV: 129800
For Tax Year: 2023
Annual Property Tax: 7482
Tax Year: 2023
Spec Assessment & Type: 100
Remarks & Misc
Legal: BLK:309 DIST:01 CITY/MUNI/TWP:DETROIT CITY SUBD:SCOTTEN, LOVETT DAVIS SUB W-W
Directions: Northwest Corner of Vernor and W Grand Blvd
Property Features
Uses: Professional/Office
Business Includes: Non-Applicable
Construction Type: Other
Sewer: Public
Water: Public
Utilities Attached: None
Util Avail at St: Electric; Public Sewer; Public Water
Heat Source: None
Heat Type: None
Purchase Terms Avail: Cash; Conventional
Sale Conditions: None
Seller Disclosures 
Listing Office: EXP Realty, LLC
Listing Agent: Christopher Deighton
Last Updated: January - 18 - 2024
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