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Jenn Smart

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503 W Grand , Detroit, MI 48216
$365,000
Est. Payment: $1,902.07/mo
0 Bed
0 Bath
4389 Sqft
Status: active | Days on site: 214
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VCR-C15903466 - VCR-C159091383,VCR-C159052275
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House Description

Introducing 503 W Grand Blvd, a rare opportunity to own a vacant medical building located in the heart of Detroit, MI. This spacious property is in need of updates, making it the perfect canvas for investors and business owners looking to create a custom space. With over 7,500 square feet of interior space, this building offers ample room to accommodate a variety of businesses, from medical practices to creative studios or office area. The building features multiple levels, with large open rooms, private offices, and plenty of storage capacity. While the building is in need of updates, it is equipped with the essential infrastructure required for a medical facility, including plumbing, electrical, and HVAC systems. Located on a busy street, this property offers excellent visibility and easy access to public transportation. It is situated in close proximity to major hospitals, universities, and downtown Detroit, making it an ideal location for a variety of businesses. Investors and business owners who are looking for a unique opportunity to create a custom space in a bustling location will appreciate the potential of 503 W Grand Blvd. With its prime location and flexible interior space, this building offers endless possibilities for those looking to make their mark in the heart of Detroit.

Highlights

Listed by Christopher Deighton , 734-578-1150 EXP Realty Main , 888-501-7085. MiRealSource, Inc. mls logo

Property Type

Commercial Sale

Lot/Acreage
0.15

Year Built

19

County

Wayne

Area

Detroit (82001)

Neighborhood

Scotten Lovett & Davis Sub (Plats)

Listing ID

60961105

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:0
  • Full Bathrooms:
Above Ground Sq Ft:4389
Water:Public Water

Exterior Features

Lot Dimensions:60.00 x 107.00
Zoning:Commercial
Principal Interest
$1,902
Taxes
$647

Home Price

$365,000

Loan Details

30 yrs
6.792%

Down Payment

20%
$73,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$1,902.07

Principal

Taxes

Principal Taxes HOA Total
Monthly $1,902.07 $646.75 $0.00 $2,548.82
Yearly $22,824.79 $7,761.00 $0.00 $30,585.79
Total $684,743.68 $232,830.00 $0.00 $917,573.68
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So-Crates Johnson
Dust, Wind, Dude
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Market insight data is pulled from the same city as the listing being viewed (Detroit, MI).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

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Copyright 2026 MiRealSource. All rights reserved. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc.

Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.

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Data last updated: 2026-09-02T04:57:55.100Z

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