32328 Grand River Avenue

Farmington, MI 48336

Listing ID: 197361
$300,000
For Sale
  • Property Type Retail : Free Standing Building
  • Lot Size Acres 1.040
  • Building Sq Ft 2,400
  • Building Price per Sq Ft $125.00
  • Land Sq Ft 45,302
  • Land Price per Sq Ft $6.62
Description

Description

2,400 SF street-front retail duplex building with Grand River Ave frontage. The space can also be divided into two 1,200 SF spaces as the building has two addresses (32326 & 32328 Grand River) two front doors, two restrooms, and two HVAC systems. This property has been occupied by the same tenant, Kil's Karate for the last fifteen years. They are currently on a month to month basis due to the State of MI pandemic restrictions. The total property size totals 1.04-acres. Note: Adjacent Eco Cleaners is not owned by this seller.

Highlights

Main Street retail building

Easy parking and great visibility

New furnace in 2018 / AC in 2020

Property size is 1.04 Acres

Attachments & Files
Listing Demographics

All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

1-Mile 3-Miles 5-Miles
Total Population9,34477,328204,842
Population Median Age414142
Population by Age0-9 Yrs932 (9%)7864 (10%)20989 (10%)
10-19 Yrs1092 (11%)7735 (10%)22202 (10%)
20-29 Yrs1138 (12%)10575 (13%)25373 (12%)
30-39 Yrs1184 (12%)10740 (13%)25265 (12%)
40-49 Yrs1322 (14%)9748 (12%)25574 (12%)
50-59 Yrs1492 (15%)11467 (14%)31571 (15%)
60-69 Yrs1165 (12%)10158 (13%)27831 (13%)
70+ Yrs1020 (10%)9041 (11%)26037 (12%)
Median HH Income$67,807$70,878$70,257
Total Household Income< 24K719 (17%)4933 (14%)13397 (15%)
25-49K821 (20%)6493 (19%)17046 (19%)
50-74K721 (17%)5926 (18%)15012 (17%)
75-99K526 (12%)4485 (13%)11480 (13%)
100-199K1074 (26%)8669 (26%)21881 (25%)
200K+232 (5%)2382 (7%)6465 (7%)
Highest Education LevelNo Diploma19930019697
Diploma or GED12461024128586
Some College18001223833056
Assoc. Degree589489212852
Bachelors Degree18521519737327
Higher Degree9961119428451
Total Housing Units4,28734,89091,110
--Owner-Occupied2,92220,00055,105
--Renter-Occupied1,17112,88830,177
Owner-Occupied Values< 100K402288010330
100-199K1449701616661
200-299K826607716422
300-399K17029207901
400-499K426662151
500K+324421641
Total Working Age Population7,72164,704170,379
In Work Force5,24542,480108,863
Not In Work Force2,47522,22461,516
Workforce Employed5,00440,814103,324
Workforce Unemployed2321,6445,515
Civlian Workforce5,23642,458108,839
Military Workforce102224
Total Households4,09332,88885,282
Family Households2,28119,72452,882
Non-Family Households1,81213,16432,400
Married Couple1,77615,70140,934
Other Family5044,02311,948
Married w/Child7686,01915,355
Single Male w/Child28277854
Single Female w/Child1271,1984,092

Population Change Last Two Decades - Plus Projection

2000%2010%2020%2030
Michigan9,938,444-19,883,640+110,023,423+410,424,510
Wayne County2,061,162-121,820,584-41,741,463-11,730,000
Oakland County1,194,156+11,202,362+51,264,515+71,350,052

No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

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Listing Agent
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