485 E GRAND BLVD, Detroit, MI 48207
485 E GRAND BLVD, Detroit, MI 48207
485 E GRAND BLVD, Detroit, MI 48207
31
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$365,000
Est. payment /mo
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2,884 SqFt
New

485 E GRAND BLVD Detroit, MI 48207

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Key Details

Property Type Commercial

Sub Type RealEstateOnly

Listing Status Active

Purchase Type For Sale

Square Footage 2,884 sqft

Price per Sqft $126

Subdivision More Than One Subdivision Involved

MLS Listing ID 20261052621

Year Built 1912

Lot Size 0.270 Acres

Acres 0.27

Property Sub-Type RealEstateOnly

Property Description

Incredible investment opportunity in the heart of Island View! This massive multi-unit residence has served as a licensed adult foster care facility for over 50 years and was previously approved for up to 20 residents. The property is currently tenant-occupied with ten long-term residents—many with over a decade of tenancy—who would love to stay. With nine spacious bedrooms, four full bathrooms, and two half baths, the floor plan offers flexibility and scale. Just minutes from Belle Isle, downtown Detroit, and the bustling West Village, this property is perfect for investors seeking cash flow and long-term upside in a rapidly developing neighborhood.

Location

State MI

County Wayne

Area Area05053Detwoodwardmcclellansomack

Interior

Heating Radiant

Fireplace No

Exterior

Fence Fenced

View Y/N No

Roof Type Asphalt

Garage false

Building

Foundation Basement, Block

Sewer Public Sewer

Water Public

New Construction No

Schools

School District Detroit

Others

Senior Community false

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition ShortSaleNo, Standard


Realcomp MLS
Listed by Charles A Siciliano of @properties Christie's Int'l R.E. Birmingham

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485 E GRAND BLVD