15629 Warren AveDetroit, MI 48228

For Sale
$575,000

Updated Retail Building, 4,150 SF, 2 Units

Overview

Added:
Dec 11, 2024
Days on market:
93
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
Other retail properties, Individual retail properties
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
15629 Warren Ave, Detroit, Michigan

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15629 Warren Ave
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