29222 Grand River — Sale in Farmington Hills, MI

  • Price: $1.7M
  • Listing type: For sale
  • Asset type: Retail Business
  • Location: Farmington Hills, MI 48336
  • Size: 100,325 SF
  • Year built: 1950

Photos

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Description

Located prominently on Grand River Avenue just east of Middlebelt, this mixed-use property offers excellent visibility and flexibility. With 5,400 square feet of first floor retail or office space, it provides ample room for your business to grow and thrive. This building also features nine apartments, 8 single bedroom and 1 double bedroom, offering a unique blend of commercial and residential spaces and income potential. The apartments have been recently renovated, ensuring modern comfort for tenants. The property boasts over 20 parking spaces, adding to its convenience. Building SF: 100325 | Land Size: 0.31 Ac | Year Built: 1950 | Listing Type: FOR SALE

Market Context

This retail in Farmington Hills, MI is listed for sale at $1,650,000 across 100,325 SF. The building dates to 1950. Compare it against other retail listings for sale in Farmington Hills, MI — view the full market.

As of Q1 2026, the Detroit retail market showed a 1.3% vacancy rate, average asking rents near $17.00/SF/yr, and rents up 1.3% year over year. Source: Cushman & Wakefield Q1 2026 market report.

Rising rents point to a competitive market where well-priced, well-located assets trade quickly.

Retail market FAQ

Is the Detroit retail market tightening or softening?
Vacancy is around 1.3%, with asking rents rising year over year (Q1 2026).

First seen on CREHunt: Sep 23, 2026

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