31505 GRAND RIVER - FOR SALE - images3.loopnet.com · Lot Size 3.32 Acres APN# 23-27-478-006 2017 Summer Tax $10,701.25 2016 Winter Tax $3,297.81 UTILITIES & AMENITIES Utilities Description

DAN BLUGERMANVice Pres ident , [email protected]

EXCLUSIVELY LISTED BY:

31505 GRAND RIVER - FOR SALE3 1 5 0 5 G R A N D R I V E R , FA R M I N G T O N , M I 4 8 3 3 6

Thomas Duke Company | 248.476.370037000 Grand River | Farmington Hills, MI 48335

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E X E C U T I V E S U M M A R Y : 31505 Grand River | Farmington, MI 48336


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OFFERING SUMMARY

Sale Price: $1,500,000

Lot Size: 3.32 Acres

APN: 23-27-478-006

Year Built: 1917

Building Size: 50,646

Zoning: C-3 Commercial with

overlay zoning and PUD

for flexibility in design

and uses

Price / SF: $29.62

Utilities: City water and sanitary

sewer

PROPERTY HIGHLIGHTS

• Ripe for re-use as mixed use

• Apartment conversion

• Restaurant/retail opportunity

DEMOGRAPHICS 1 Mile 3 Miles 5 Miles

Total Households: 4,063 31,650 87,258

Total Population: 9,257 77,082 213,144

Average HH Income: $65,372 $78,057 $80,462

E X E C U T I V E S U M M A R Y : 31505 Grand River | Farmington, MI 48336


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SALE PRICE $1,500,000

LOCATION INFORMATION

Building Name Farmington Winery

Street Address 31505 Grand River

City, State, Zip Farmington, MI 48336

County/Township South East Oakland

Location Description Located on the south side of Grand

River Ave, at the intersection of Grand

River and Orchard Lake Rd

BUILDING INFORMATION

Building Size 50,646 SF

Price / SF $29.62

Year Built 1917

Number Of Floors 3

PROPERTY DETAILS

Property Type Office

Traffic Count 17,020 Vehicles/Day on Grand River

8,916 Vehicles/Day on Orchard Lake

(Costar, 2016)

Property Subtype Office Building

Zoning C-3 Commercial with overlay zoning and

PUD for flexibility in design and uses

Lot Size 3.32 Acres

APN# 23-27-478-006

2017 Summer Tax $10,701.25

2016 Winter Tax $3,297.81

UTILITIES & AMENITIES

Utilities Description City water and sanitary sewer

P R O P E R T Y D E TA I L S : 31505 Grand River | Farmington, MI 48336


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A D D I T I O N A L P H O T O S : 31505 Grand River | Farmington, MI 48336


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I N T E R I O R P H O T O S : 31505 Grand River | Farmington, MI 48336


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I N T E R I O R P H O T O S : 31505 Grand River | Farmington, MI 48336


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B A S E M E N T F L O O R P L A N : 31505 Grand River | Farmington, MI 48336


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1 S T F L O O R P L A N : 31505 Grand River | Farmington, MI 48336


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2 N D F L O O R P L A N : 31505 Grand River | Farmington, MI 48336


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L O F T P L A N : 31505 Grand River | Farmington, MI 48336


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P L A N : 31505 Grand River | Farmington, MI 48336


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R E TA I L E R M A P : 31505 Grand River | Farmington, MI 48336


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L O C AT I O N M A P S : 31505 Grand River | Farmington, MI 48336


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POPULATION 1 MILE 3 MILES 5 MILES

Total population 9,257 77,082 213,144

Median age 42.3 41.5 41.8

Median age (male) 40.2 40.1 40.3

Median age (Female) 44.0 42.6 43.0

HOUSEHOLDS & INCOME 1 MILE 3 MILES 5 MILES

Total households 4,063 31,650 87,258

# of persons per HH 2.3 2.4 2.4

Average HH income $65,372 $78,057 $80,462

Average house value $169,014 $222,582 $223,180

* Demographic data derived from 2010 US Census

D E M O G R A P H I C S M A P : 31505 Grand River | Farmington, MI 48336

Documents

31505 GRAND RIVER - FOR SALE - images3.loopnet.com · Lot Size 3.32 Acres APN# 23-27-478-006 2017 Summer Tax $10,701.25 2016 Winter Tax $3,297.81 UTILITIES & AMENITIES Utilities Description