13742 Warren AveDearborn, MI 48126
- Retail space
- 2,130 SF
Property Details for 13742 Warren Ave
- Year built
- 1928
- Lot size
- 0.05 AC
- Property size (Sq ft)
- 2,130 SF
- Zone code
- BB
- Property type
- Retail space
- APN
- 82 10 064 25 016
- APU
- 821006425016
Description
This exceptional Dearborn, MI industrial property, located at 13742 W WARREN, presents a unique investment opportunity. The 2,130 square foot building sits on a 0.05-acre lot in a high-traffic commercial district, ensuring excellent visibility and accessibility. The property features a spacious main floor of 1,200 square feet, complemented by an additional 1,200 square feet of basement space ideal for storage or expansion. Currently operating as a thriving Islamic clothing business, this turnkey operation includes all inventory, fixtures, and stylish dГ©cor, allowing for immediate revenue generation. The business benefits from a strong reputation, a loyal customer base, and a prime location on a major street with high daily traffic volume. A long-term lease is available, providing stability and security for the new owner. This is an exceptional chance to acquire a profitable, established business in a vibrant community. The asking price for this exceptional property is $39,000. Don't miss this opportunity to own a piece of Dearborn's thriving commercial landscape. Serious inquiries only.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $651,223
- 6.5%
- $601,129
- 7%
- $558,191
-
Comparable approach
- Method
- Valuation
- Relative Method
- $502,085
- Geo Method
- $502,085
-
Alternative Use
- Use
- Valuation
- Residential
- $507,075
- Hospitality
- $464,478
- Educational
- $386,440
- Medical
- $399,730
- Retail
- $601,129
Location Insight
- City
- Dearborn
- County
- Wayne
- State
- Michigan
- Latitude
- 42.3442
- Longitude
- -83.179
- CBSA code
- 19820
- CBSA name
- DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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