5966 Chicago RdWarren, MI 48092

For Sale
$295,000

Three-unit industrial building, great investment!

Overview

Added:
Feb 3
Days on market:
40
This exceptional free-standing commercial building in Warren, Michigan, presents a compelling investment opportunity at an attractive price point of $295,000. The property boasts a total of 3,000 square feet, thoughtfully divided into three 1,000-square-foot units. Each unit is equipped with its own bathroom and individual furnace, offering flexibility and convenience for both owner-occupancy and leasing. Ample parking is available on both sides and in front of the building, ensuring convenient access for tenants and visitors. Currently, one unit is generating a stable income stream with a reliable tenant paying $1,000 per month. The remaining two units offer significant potential for additional rental income or can be easily combined to create a larger, more expansive space to suit a variety of business needs. Situated on a 0.23-acre lot, this property is ideally positioned to benefit from the ongoing revitalization efforts in Warren's downtown area. This is a rare chance to acquire a well-maintained, versatile industrial building in a growing market, offering both immediate income and long-term growth potential. The building's layout and features make it suitable for a wide range of businesses, making it an attractive investment for both seasoned investors and first-time buyers. Don't miss this opportunity to own a piece of Warren's vibrant future.

Property Details for 5966 Chicago Rd

Property type
Industrial properties, Other industrial properties
Square Feet
3,000 SF
Year Built
1919
Lot Size (sq. ft)
10,019 SF

Location Insight

City
Warren
County
Macomb
State
Michigan
Latitude
42.527
Longitude
-83.04655
5966 Chicago Rd, Warren, Michigan

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5966 Chicago Rd
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