For Sale
$575,000

15629 Warren Ave Detroit, MI 48228

Updated Retail Building, 4,150 SF, 2 Units

Overview

Added:
Dec 11, 2024
Days on market:
138
This exceptional Detroit storefront, located at 15629 W Warren Ave, presents a lucrative investment opportunity. The property boasts a total of 4,150 square feet of net rentable space, spread across two units within a two-story building. Completely renovated in 2020, this retail space is ideally situated near the Warren/Greenfield, Dearborn border, offering excellent visibility and accessibility. The asking price is $575,000, translating to $138.55 per square foot. Ample parking is available on an adjacent lot and an additional lot behind the building on Montrose Street, both included in the sale. The property sits on three lots, providing significant potential for future expansion or development. The building is equipped with modern security features including a camera system, a phone system, and a standby generator, ensuring operational efficiency and peace of mind. This versatile space is suitable for a variety of retail uses and includes a second-floor apartment, adding to its overall value and potential income streams. This turnkey operation is ready for immediate occupancy and presents a rare opportunity to acquire a well-maintained, high-traffic retail property in a desirable Detroit location. The property is offered for sale as a 100% ownership opportunity.

Highlights

  • $575,000 asking price for this Detroit retail storefront.
  • 4,150 square feet of net rentable space.
  • $138.55 price per square foot.
  • Two units in a 2-story building, renovated in 2020.
  • Located at 15629 W Warren Ave, Detroit, MI 48228.

Property Details for 15629 Warren Ave

Property type
Retail properties, Retail space
Square Feet
4,150 SF
Year Renovated
2020
Buildings
1
Stories
2
Units
2

Location Insight

City
Detroit
County
Wayne
State
Michigan
Latitude
42.34337
Longitude
-83.1979776

FAQs

What type of property is this?
Retail property - Updated Retail Building, 4,150 SF, 2 Units
Where is the retail property located?
The property is located at 15629 Warren Ave Detroit, MI.
What is the asking price?
The asking price for this property is $575,000.
What are key features of this property?
This property features: $575,000 asking price for this Detroit retail storefront.; 4,150 square feet of net rentable space.; $138.55 price per square foot.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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15629 Warren Ave
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