Address
8952 W Grand River, Detroit, MI
Price
$ 5,000,000
Property Attributes
  • ID#2220022856
  • TypeCommercial
  • CountyWAYNE
  • CityDetroit
  • AreaDet South Of Grand River
  • NeighborhoodWILLIAM L REEDS
  • Zip48204
  • StyleVacant
  • Year Built1929
  • Taxes$ 1126
  • Price$ 5,000,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage16434
  • Lot Size0.38 Acres
Data Source:
RealComp
Property Description

Dorsett Brokerage Real Estate is proud to offer the "Historical Grande Ballroom" The building was designed by Detroit engineer and architect Charles N. Agree in 1928 and originally served as a multi-purpose building, hosting retail business on the first floor and a large dance hall upstairs. During this period the Grande was renowned for its outstanding hardwood dance floor which took up most of the second floor. The building needs a full restoration. With the enormous rebirth of the City; Development is soon to take place within this corridor of Grandriver. This is a major project for a serious minded Developer who's familiar with large scale projects; thus understanding the history associated with the building and having a vision to restore a monumental piece of Real Estate iconic to the City of Detroit. Don't let the list price intimidate you. The seller will consider all intelligent offers.

Price History
4/4/2022 Listed $5,000,000

General Features

Business Type Recreational
Construction Materials Brick
Cumulative Days on Market 132
Current Use Vacant
Gross Scheduled Income 0.00
Heating Hot Water, Steam
Listing Agent Public Id 352329
Net Operating Income 0.00
Operating Expense 0.00
Ownership Status Short Sale - No, Private Owned
Possession At Close
Property Type Commercial
Sewer Sewer at Street
Short Sale No
Status Active
Subdivision Name WILLIAM L REEDS (PLATS)
Terms Offered Cash
Total Sq Ft 16434
Transaction Type Sale
Zoning Commercial

Interior Features

Heating Fuel Natural Gas

Exterior Features

Architecture Level 2 Story
Foundation Basement
Foundation Materials Brick/Mortar
Frontage Feet 132
Lot Size Dimensions 132.00X125.00
Roof Material Other
Water Source Public (Municipal)

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool


IDX provided courtesy of Realcomp II Ltd., via Jim Shaffer and Associates and The Originating MLS(found above), © 2022 Realcomp II Ltd. Shareholders. Shareholders. The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of August 16, 2022 9:00 AM UTC Information deemed reliable but not guaranteed. The data relating to real estate on this web site comes in part from the Internet Data Exchange (IDX) Program of Realcomp Ltd

Property vs Commercial Average in 48204

Price
AVG $610K
$5M
Taxes
AVG $4,106
$1,126
Visits
AVG 47
727
Year Built
AVG 1947
1929
Walkscore
AVG 43
45
Data Provided by Walkscore ® not using MLS data

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