For Sale
$799,000

15500 Warren AveDetroit, MI 48224

Profitable Convenience Store, Prime Location

Overview

Added:
Dec 11, 2024
Days on market:
117
This exceptional retail opportunity presents a thriving convenience store with a liquor license located at 15500 E Warren Ave, Detroit, MI 48224, in Wayne County. The 4,000 square foot building, constructed in 1941 and extensively renovated in 2024 (and many times prior), boasts a strong weekly revenue stream of $30,000 to $35,000. The property includes three attached units, a sizable kitchen area, ample storage space, and convenient parking, including a private side lot. The store features 15 coolers and operates from 8:00 AM to 11:00 PM daily. Significant recent upgrades include a 7-year-old roof, and a 3-year-old furnace and AC system. The asking price is $799,000, translating to $199.75 per square foot. This turnkey operation offers a compelling investment opportunity in a high-traffic area of Detroit. The property's established clientele and consistent profitability make it an attractive prospect for experienced business owners seeking a well-maintained and successful enterprise. Further details are available upon request.

Highlights

  • Thriving convenience store with liquor license in high-traffic Detroit location.
  • 4,000 SF building, extensively renovated in 2024, with three attached units.
  • Strong weekly revenue: $30,000 - $35,000.
  • Includes sizable kitchen, ample storage, and convenient parking, including a private side lot.
  • Turnkey operation with 15 coolers, operating 8 AM to 11 PM daily.
  • Recent upgrades include a 7-year-old roof, 3-year-old HVAC system.

Property Details for 15500 Warren Ave

Property type
Retail properties, Grocery and convenience stores
Square Feet
4,000 SF
Year Built
1941
Buildings
1

Location Insight

City
Detroit
County
Wayne
State
Michigan
Latitude
42.398976936653
Longitude
-82.948765904224
15500 Warren Ave, Detroit, Michigan

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15500 Warren Ave
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