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16830 E Warren Ave
Detroit, MI 48224
Retail Property For Sale
EXECUTIVE SUMMARY
Two-building package including a 4,528 SF liquor store and a 3,220 SF two-unit building
• Value-add opportunity through improved operations, expanded inventory, and exterior updates
• Built-out kitchen in place (not currently operating) offering additional revenue potential
• Strong lottery sales with further upside as operations are enhanced
• Excellent E. Warren Ave visibility and traffic in an established retail corridor
• Flexible second building suitable for additional income or owner use
• Corridor has seen recent city investment including roadway, sidewalk, and streetscape improvements
• Ideal for hands-on operator or investor seeking upside in a Detroit retail location
• Value-add opportunity through improved operations, expanded inventory, and exterior updates
• Built-out kitchen in place (not currently operating) offering additional revenue potential
• Strong lottery sales with further upside as operations are enhanced
• Excellent E. Warren Ave visibility and traffic in an established retail corridor
• Flexible second building suitable for additional income or owner use
• Corridor has seen recent city investment including roadway, sidewalk, and streetscape improvements
• Ideal for hands-on operator or investor seeking upside in a Detroit retail location
PROPERTY FACTS
Sale Type
Investment or Owner User
Sale Condition
Business Value Included
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
7,328 SF
Year Built
1954
Price
$1,102,184 CAD
Price Per SF
$150.41 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.76
Lot Size
0.22 AC
Opportunity Zone
Yes
Zoning
commercial - Commercial | Retail
Parking
8 Spaces (1.09 Spaces per 1,000 SF Leased)
AMENITIES
- Security System
PROPERTY TAXES
| Parcel Number | 21-00-228-50-02L | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $211,068 CAD |
PROPERTY TAXES
Parcel Number
21-00-228-50-02L
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$211,068 CAD
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