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33158197
33158218

18311-18327 W Warren Avenue, Detroit, MI 48228 For Sale

FD
MI 6506045188
Exp Realty, LLC
JN
MI 6501426431
Exp Realty
AA
MI 6501294150
Exp Realty
Listed by Exp Realty, LLC, Exp Realty
$199,900
51 days on market
Updated 50 days ago

18311 - 18327 W Warren Avenue

Details
Property Type Retail, Office
Sub Type Storefront, Restaurant (+1)
Square Footage 2,000
Net Rentable (SqFt) 2,000
Units 16
Tenancy Vacant
Pro-Forma Cap Rate 13.76%
Pro-Forma NOI $27,500
Price per SqFt $100
Class A
Year Built 1951
Stories 1
Acreage 0.070
Zoning Commercial, Convenience Store, Office, Service, Restaurant, Retail, Vacant
Investment Type Value Add
Ground Lease No

Value Add | Owner-User/Investment | Office/Retail/Salon/Resturant | Warrendale

Marketing description

Excellent owner-user or investment opportunity located directly on highly traveled W. Warren Avenue near the Southfield corridor. This approximately 2,000 SF commercial building offers strong visibility, frontage, and flexible commercial zoning allowing for a variety of uses including office, retail, service, restaurant, convenience store, Day Care, and professional business operations. The property features multiple private offices/exam rooms, reception and waiting areas, open workspaces, restroom facilities, central air, forced air heat, and on-site as well as street parking. Solid brick/block construction with excellent exposure and signage potential along a busy commercial corridor surrounded by dense residential neighborhoods and established businesses. Vacant and ready for immediate occupancy or repositioning. Ideal opportunity for owner-users, investors, medical operators, retail concepts, service businesses, or redevelopment/value-add users seeking a well-located Detroit commercial asset with easy access to major thoroughfares and surrounding communities. Land contract terms may be available.

Investment highlights

Excellent owner-user or investment opportunity located directly on highly traveled W. Warren Avenue near the Southfield corridor. This approximately 2,000 SF commercial building offers strong visibility, frontage, and flexible commercial zoning allowing for a variety of uses including office, retail, service, restaurant, convenience store, Day Care, and professional business operations. The property features multiple private offices/exam rooms, reception and waiting areas, open workspaces, restroom facilities, central air, forced air heat, and on-site as well as street parking. Solid brick/block construction with excellent exposure and signage potential along a busy commercial corridor surrounded by dense residential neighborhoods and established businesses. Vacant and ready for immediate occupancy or repositioning. Ideal opportunity for owner-users, investors, medical operators, retail concepts, service businesses, or redevelopment/value-add users seeking a well-located Detroit commercial asset with easy access to major thoroughfares and surrounding communities. Land contract terms may be available.

Listing Contacts

FD
MI 6506045188
Exp Realty, LLC
JN
MI 6501426431
Exp Realty
AA
MI 6501294150
Exp Realty
Listed by Exp Realty, LLC, Exp Realty

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Additional Information

Name
Fadi Dabaja
License
6506045188
Brokerage
EXP Commercial
Brokerage Phone
3136006189
Title
Broker
Brokerage Address
39555 Orchard Hill Place
Name
Jay Naim
License
6501426431
Brokerage Phone
3135716581
Name
AL Abdallah
License
6501294150
Brokerage
EXP Realty LLC
Brokerage Phone
3137185000
Brokerage Address
39555 Orchard Hill Place
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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