32315 Grand River Ave

Discover the prime retail opportunity in the heart of the bustling Detroit market. The location at 32315 Grand River Ave, Farmington, MI offers proximity to key attractions such as Twelve Oaks Mall, the largest shopping center in Michigan, attracting millions of visitors annually. A short drive from the property, downtown Detroit boasts an array of cultural hotspots and entertainment venues, including the renowned Fox Theatre and Ford Field. The area also benefits from high traffic volumes along Grand River Avenue, providing excellent visibility and exposure for retail businesses. With a diverse array of retail options and a dynamic local economy, this location presents an exceptional opportunity for retail investors seeking to capitalize on the vibrant Detroit market.Positioned along the highly visible Grand River corridor and just steps from the heart of Downtown Farmington, 32315 Grand River Avenue presents one of the few opportunities to acquire, reposition, or redevelop a strategically located property within a mature and highly desirable suburban downtown district. Plan A: For owner-users or tenants, the existing 11,736 SF commercial building with 11' ceilings offers an immediate occupancy opportunity well-suited for retail, medical, showroom, or service-oriented uses. Previously occupied by a furniture retailer, the property benefits from an established building footprint and access to approximately 100 shared parking spaces through an easement agreement with the neighboring office property. Plan B: For developers seeking a transformative project, the 0.86-acre site is located within the Grand River Corridor Overlay District, providing enhanced development flexibility including increased density and building heights of up to four stories. The zoning framework supports a variety of mixed-use, residential, and commercial concepts, while eligible projects may qualify for valuable economic incentives, including Tax Increment Financing (TIF), helping improve overall project feasibility. Plan C: An even greater opportunity exists through the potential acquisition of the adjacent property at 32305 Grand River Avenue. Combined, the assemblage expands the site to approximately 1.37 acres, encompassing the full Grand River frontage and existing parking field. With access to Corridor Improvement Authority (CIA) incentives, flexible zoning allowances, and a walkable location near Downtown Farmington's restaurants, shops, and amenities, the property offers a compelling infill development opportunity in one of metro Detroit's most desirable and established suburban downtown districts.