33409 Grand River Avenue new

Farmington,MI 48335

$ 1600000

- Bed

0 Bath

10032 SqFt


Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 10,032 sqft

Price per Sqft $159

Municipality Farmington Hills

Subdivision Farmington Hills

MLS Listing ID 20251027060

Year Built 1933

Annual Tax Amount $33,327

Lot Size 0.320 Acres

Acres 0.32

Lot Dimensions 106X133.6

Source Realcomp

Property Description

Exceptional investor or owner/user opportunity in the heart of Farmington's thriving Downtown. This mixed-use property includes two parcels 33409–33419 and 33423–33425 Grand River Avenue with a combination of office, retail, service, and entertainment/leisure spaces for diversified income. 14 reserved spaces with a large adjacent municipal lot.Prime Grand River Avenue frontage ensures excellent visibility in a highly walkable downtown surrounded by restaurants, shops, parks, and cultural attractions, with easy access to major freeways. Downtown Farmington is nationally recognized for its historic charm, vibrant pedestrian environment, and year-round events that draw consistent foot traffic including more than six million visitors from spring through fall 2024, according to statistics from Oakland County.Current tenants include Art 101, Nailz Salon, Three's Company Real Estate office, and The Beauty Bar. Recent vacancy is the 2,500 sq. ft. bar space with liquor license and is included in sale, offering a neutral build-out easily adaptable to a sports bar, restaurant, or specialty food and beverage concept. The two-story building has two 1,000 sq. ft. spaces available plus a couple of finished suites in the basement. This is a rare chance to secure a prime downtown asset ahead of continued redevelopment and growth in Downtown Farmington.

Location

State MI

County Oakland

Area Oakland County - 70

Zoning Commercial,Office

Direction South side of Grand River Ave just West of Farmington Road

Rooms

Basement Basement

Interior

Heating Forced Air

Exterior

View Y/N No

Building

Foundation Block

Water Public

Structure Type Brick

Schools

School District Farmington

Others

Tax ID 2328278004.2328278005

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