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.
Property Details
Price:
$365,000
MLS #:
20250031339
Status:
Active
Beds:
0
Baths:
0
Type:
Commercial
Subtype:
Real Estate Only
Subdivision:
MORE THAN ONE SUBDIVISION INVOLVED
Neighborhood:
05053detwoodwardmcclellansomack
Listed Date:
May 1, 2025
Finished Sq Ft:
2,884
Total Sq Ft:
2,884
Lot Size:
11,761 sqft / 0.27 acres (approx)
Year Built:
1912
See this Listing
Schools
School District:
Detroit
Interior
Heating
Radiant
Exterior
Construction Materials
Brick
Roof
Asphalt
Financial
Taxes
$4,191
Map
Community
- Address485 E GRAND BLVD Detroit MI
- SubdivisionMORE THAN ONE SUBDIVISION INVOLVED
- CityDetroit
- CountyWayne
- Zip Code48207
Market Summary
Current real estate data for Commercial in Detroit as of Oct 19, 2025
515
Commercial Listed
249
Avg DOM
148
Avg $ / SqFt
$605,036
Avg List Price
Property Summary
- Located in the MORE THAN ONE SUBDIVISION INVOLVED subdivision, 485 E GRAND BLVD Detroit MI is a Commercial for sale in Detroit, MI, 48207. It is listed for $365,000 To schedule a showing of MLS#20250031339 at 485 E GRAND BLVD in Detroit, MI, contact your LoChirco Realty, LLC agent at 586-321-9997.
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