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33672781
33672797

19501 W Warren Avenue, Detroit, MI 48228

$189,900
72 days on market
Updated 7 days ago

19501 W Warren Avenue

Details
APN W22I000340S
Property Type Business for Sale, Retail (+1)
Sub Type Business Only, Storefront (+3)
Square Footage 2,100
NOI $181,798
Year Built 1946
Acreage 0.060

Business for Sale | 2,100 SqFt

Marketing description

First Time on the Market! Turnkey high-volume smoke shop & market in a prime, high-traffic neighborhood. Well-established, locally recognized neighborhood business with strong repeat clientele with High volume sales and consistent sales. Multiple revenue streams with licenses in place for CBD, Tobacco, Food, Retail, Wholesale Food & Lottery. Retail/Warehouse zoning with functional layout and rear large storage room ideal for efficient inventory management and expansion of product offerings. Low gross lease of $1,500/month with 3 years remaining—excellent overhead for this type of business. Sale includes ATM, humidor, full shelving/racking, newly installed bulletproof glass windows ($11K), 3 double-door and 2 single-door refrigerators, register, lotto machine, and 11-camera security system. This is a turnkey operation—ready for an owner-operator or investor to step in and continue its success. Strong sales volume, established reputation, and multiple income streams make this an outstanding business opportunity. Note: Inventory is not included in the purchase price. Building next door can be available for lease if buyer chooses to expand business.
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Loan Amount
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Annual Debt Service
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Annual Cash Flow
$181,798.00
$15,149.83/mo

Valuation Metrics

0
DSCR
95.73%
Cap Rate
95.73%
ROI

Map

Zoning

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B4 CommercialGeneral CommercialGeneral Business District
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Last updated Jun 22, 2026 For deeper zoning details, reports are available at Zoneomics

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