Grand River Goldmine! Rare Mixed-use Investment in Downtown Farmington
$3,000,000
32821- 32905 Grand River Ave, Farmington Hills, MI 48336
9,584 sqft
Building Size
0.76 acres
Lot Area
Details:
Highlights:
- Rare Downtown Mixed-Use Asset -Fully equipped restaurant and three deluxe apartments
- Stabilized Income with Upside - Apartments are leased at below-market rents, providing a clear opportunity for rent growth
- Turnkey Restaurant Opportunity - Restaurant features 140 indoor seats, 32 patio seats, and a 4,294 SF basement storage/cooler area
- Sale includes the liquor license and all equipment — perfect for an owner-operator or investor
- Situated along Grand River Avenue, steps from Farmington’s vibrant downtown corridor
- Ample Parking & Modern Amenities - Includes 39 on-site parking spaces, elevator access to apartments, and individual HVAC and utilities
- Future Expansion Potential - Approved PUD project with the potential to develop Phase II, allowing for a 2–4 story mixed-use addition with additional apartments and retail or restaurant space
Description:
P.A. Commercial is pleased to offer a rare mixed-use investment opportunity in the heart of Downtown Farmington, one of Metro Detroit’s most walkable and desirable suburban destinations. This two-story, 9,284 SF building with an additional 4,294 SF basement combines a fully equipped, operating restaurant on the ground floor with three deluxe apartments on the second level—an asset type seldom available in this vibrant market.
Originally constructed in 2009 and extensively renovated in 2019, the property sits on 0.76 acres and offers modernized infrastructure, elevator access to upper-floor residences, and ample on-site parking for 39 vehicles. The first-floor restaurant—Crazy Crab—features 140 indoor seats, a 32-seat patio, and a lower-level storage/cooler area with elevator access. The restaurant’s liquor license and turnkey buildout present an ideal setup for an owner-operator or investor seeking a turnkey opportunity.
Upstairs, three spacious apartments each feature private patios, individual HVAC and utilities, and are fully leased at below-market rental rates, offering immediate income upside for new ownership.
This opportunity is an approved Planned Unit Development (PUD) project that allows for Phase II expansion, with potential to add a 2–4 story mixed-use addition featuring additional apartments and first-floor retail or restaurant space.
This property presents a unique opportunity to acquire a stabilized, income-producing asset with substantial future development potential—a true standout in one of Oakland County’s most charming downtown districts.
Strategically located within walking distance of Downtown Farmington’s dining, shopping, and community events, the property benefits from exceptional visibility and strong local demographics.
City Water and Sanitary Sewer
Dress Barn, ACE Hardware, TJ Maxx, Starbucks, Fresh Thyme, and over 200 others in Downtown Farmington
T1N, R9E, SEC 27 ASSESSOR'S PLAT NO 2 LOT 19

Documents:
Title | ||
---|---|---|
32821-32905_Grand_River_Ave__Farmington_Mixed-use_Investment.pdf |
Location

Gallery






















