12433 8 Mile RdWarren, MI 48089

For Sale
$1,249,000

12,500 SF Retail Complex, 100% Occupied

Overview

Added:
Dec 11, 2024
Days on market:
94
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.

Highlights

  • $1,249,000 asking price for a Class A retail property.
  • 12,500 square feet of net rentable space in a 100% occupied, single-tenant building.
  • Seven units across three buildings, totaling 12,500 square feet, situated on a 0.5-acre lot.
  • Built in 1946 and renovated in 2020, featuring one story.
  • Located at 12433 8 Mile Rd, Warren, MI 48089, with Commercial zoning.

Property Details for 12433 8 Mile Rd

Property type
Lifestyle centers, Power centers
Square Feet
12,500 SF
Class
A
Year Built/Renovated
1946/2020
Buildings
3
Stories
1
Lot Size (sq. ft)
21,780 SF
Units
7

Location Insight

City
Warren
County
Macomb
State
Michigan
Latitude
42.449376995482
Longitude
-82.99701207365
12433 8 Mile Rd, Warren, Michigan

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
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.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
12433 8 Mile Rd
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message