MDK on the River

Unlock a rare opportunity to own a cornerstone asset along one of Detroit’s most dynamic corridors. Spanning 19,025 SF this architecturally significant mixed-use property—originally constructed as a historic S.S. Kresge Department Store—seamlessly blends legacy character with modern income-producing potential. Positioned along the rapidly revitalizing Grand River Avenue, the property offers a projected 13.60% cap rate, making it an attractive option for value-add investors, adaptive-reuse specialists, and owner-operators seeking both immediate income and long-term appreciation. Enhancing the offering is an additional ±0.05-acre parcel directly across the street, providing valuable supplemental parking—an increasingly rare asset in urban Detroit that strengthens the property’s usability and tenant appeal. The building features a large ground-floor banquet and event hall, ideal for private events, corporate gatherings, performances, or community programming, complemented by flexible second-floor office suites well-suited for creative studios, co-working concepts, professional services, or boutique headquarters. The layout allows for multiple income streams and the potential to reposition or re-tenant based on market demand. With its scale, historical significance, flexible configuration, and location within a high-growth corridor, 9008 Grand River Ave presents a compelling opportunity to acquire a truly differentiated asset in one of Detroit’s most promising neighborhoods.

• 19,025 SF Event Center/Office Property in Grand River Corridor
• Projected 13.6% Cap Rate
• Multi-Purpose Configuration Allows for Multiple Revenue Streams
• Additional ±0.05-Acre Parking Parcel Included
• Adaptive Reuse & Repositioning Potential
• Iconic Architecture - Former S.S. Kresge Department Store
• Near Tech Town, Wayne State University, and the University of Michigan Center for Innovation
• Minutes from Core City and Boston Edison