12433 8 Mile RdWarren, MI 48089

Property Details for 12433 8 Mile Rd

Year built

1946

Lot size

0.06 AC

Property size (Sq ft)

2,000 SF

Zone code

C-2

Property type

Other commercial real estate

APN

12-13-35-386-023

APU

121335386023

Description

This exceptional investment opportunity presents three Class A commercial buildings totaling 12,500 square feet of net rentable space, situated on a 0.5-acre lot in Warren, Michigan. Located on the highly visible 8 Mile Road, this property boasts a prime location with easy access to major highways and public transportation. The complex, built in 1946 and extensively renovated in 2020, consists of three single-story structures. Two nearly identical buildings, each approximately 5,000 square feet, offer spacious showroom areas, high ceilings, and upgraded HVAC systems. These buildings are currently configured as a single tenant space but could be easily subdivided into a total of six individual units. The third building, encompassing approximately 2,500 square feet, provides ample storage space, ideal for inventory and shipping/receiving. The property features seven units, currently operating at 100% occupancy, and is zoned for commercial use. Ample parking is available for both employees and customers. The asking price is $1,249,000, representing a price per square foot of $99.92. This property offers a rare chance to acquire a well-established, high-performing retail complex in a thriving commercial corridor. The property's APN numbers are 21028360-2, 21028359, 21028354, 21028353, 21028351-2, 12-13-35-386-023, and 12-13-35-386-022. The property is privately owned.

• Alternative Use

  Use

  Valuation

  Residential

  $476,127

  Hospitality

  $436,129

  Educational

  $362,855

  Medical

  $375,334

  Retail

  $564,440

Location Insight

City

Warren

County

Macomb

State

Michigan

Latitude

42.4495

Longitude

-82.997

CBSA code

19820

CBSA name

DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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