Description

8616 Grinnell Avenue is a 12,000 SF industrial property for sale at 8616 Grinnell Avenue in Detroit, MI 48213. Set on 0.40 acres, it offers a buyer a building and parcel in a single industrial acquisition.

Built in 1930, the Property pairs its 12,000 SF building with Industrial zoning and a 0.40-acre parcel. For an industrial buyer, the building size and land area define the scale of the acquisition, while the zoning establishes how the parcel is classified. The building and site should be viewed together: a buyer purchasing the Property takes on the existing structure as well as the land beneath it. That combination gives an owner-user or investor a specific physical asset to underwrite, rather than a land-only opportunity. The parcel is identified by APN 19003498500.

The asking price is $199,900, with pricing also expressed as $16.66 PSF and $499,750 per acre. Those measures give buyers distinct ways to frame the purchase against their plans for the building and parcel, without treating the building area and land area as interchangeable. For an owner-user, the central question is how the 12,000 SF structure fits its operation. For an investor, the decision turns on the property’s building, land and Industrial zoning as a combined holding. At this asking price, 8616 Grinnell Avenue presents a defined industrial acquisition in Detroit.