About 485 E Grand Blvd
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.
Features of 485 E Grand Blvd
MLS® # | 20250031339 |
---|---|
Price | $365,000 |
Bathrooms | 0.00 |
Square Footage | 2,884 |
Acres | 0.27 |
Year Built | 1912 |
Type | Commercial |
Status | Active |
Community Information
Address | 485 E Grand Blvd |
---|---|
Area | 05053 - Det Woodward-Mcclellan/So Mack |
Subdivision | MORE THAN ONE SUBDIVISION INVOLVED |
City | Detroit city |
County | Wayne |
State | Michigan |
Zip Code | 48207 |
Amenities
Is Waterfront | No |
---|---|
Has Pool | No |
Interior
Heating | Radiant |
---|---|
Fireplace | No |
Exterior
Construction | Brick |
---|---|
Foundation | Basement, Block |
School Information
District | Detroit |
---|
Additional Information
Foreclosure | No |
---|---|
Short Sale | No |
RE / Bank Owned | No |
Listing Details
Office | @properties Christie's Int'l R.E. Birmingham |
---|---|
Contact Info | charlie@thesicilianogroup.com |