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

32328 Grand River Avenue Farmington, MI 48336 - main image

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

newsalebrochure-13-g5C-llg.pdf

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 Population		9,344	77,328	204,842
Population Median Age		41	41	42
Population by Age	0-9 Yrs	932 (9%)	7864 (10%)	20989 (10%)
	10-19 Yrs	1092 (11%)	7735 (10%)	22202 (10%)
	20-29 Yrs	1138 (12%)	10575 (13%)	25373 (12%)
	30-39 Yrs	1184 (12%)	10740 (13%)	25265 (12%)
	40-49 Yrs	1322 (14%)	9748 (12%)	25574 (12%)
	50-59 Yrs	1492 (15%)	11467 (14%)	31571 (15%)
	60-69 Yrs	1165 (12%)	10158 (13%)	27831 (13%)
	70+ Yrs	1020 (10%)	9041 (11%)	26037 (12%)

Median HH Income		$67,807	$70,878	$70,257
Total Household Income	< 24K	719 (17%)	4933 (14%)	13397 (15%)
	25-49K	821 (20%)	6493 (19%)	17046 (19%)
	50-74K	721 (17%)	5926 (18%)	15012 (17%)
	75-99K	526 (12%)	4485 (13%)	11480 (13%)
	100-199K	1074 (26%)	8669 (26%)	21881 (25%)
	200K+	232 (5%)	2382 (7%)	6465 (7%)

Highest Education Level	No Diploma	199	3001	9697
	Diploma or GED	1246	10241	28586
	Some College	1800	12238	33056
	Assoc. Degree	589	4892	12852
	Bachelors Degree	1852	15197	37327
	Higher Degree	996	11194	28451

Total Housing Units		4,287	34,890	91,110
--Owner-Occupied		2,922	20,000	55,105
--Renter-Occupied		1,171	12,888	30,177
Owner-Occupied Values	< 100K	402	2880	10330
	100-199K	1449	7016	16661
	200-299K	826	6077	16422
	300-399K	170	2920	7901
	400-499K	42	666	2151
	500K+	32	442	1641

Total Working Age Population		7,721	64,704	170,379
In Work Force		5,245	42,480	108,863
Not In Work Force		2,475	22,224	61,516
Workforce Employed		5,004	40,814	103,324
Workforce Unemployed		232	1,644	5,515
Civlian Workforce		5,236	42,458	108,839
Military Workforce		10	22	24

Total Households		4,093	32,888	85,282
Family Households		2,281	19,724	52,882
Non-Family Households		1,812	13,164	32,400
Married Couple		1,776	15,701	40,934
Other Family		504	4,023	11,948
Married w/Child		768	6,019	15,355
Single Male w/Child		28	277	854
Single Female w/Child		127	1,198	4,092

Population Change Last Two Decades - Plus Projection

	2000	%	2010	%	2020	%	2030
Michigan	9,938,444	-1	9,883,640	+1	10,023,423	+4	10,424,510
Wayne County	2,061,162	-12	1,820,584	-4	1,741,463	-1	1,730,000
Oakland County	1,194,156	+1	1,202,362	+5	1,264,515	+7	1,350,052

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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.