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Investment Highlights
- Wide Range of Uses
- 103’ Road Frontage
Executive Summary
A single-story retail building and an adjacent vacant lot located at 20524 and 20538 W Warren Ave, Detroit, MI 48228. The retail structure, built in 1959 and comprising approximately 3,923 square feet, sits on a 0.10-acre parcel and is currently configured for single tenancy. The property is zoned B4, supporting a wide range of commercial uses, and includes 3 onsite surface parking spaces with approximately 40 feet of frontage on W Warren Ave. The neighboring parcel at 20538 W Warren Ave is a 0.14-acre (6,098 SF) vacant lot previously improved with a residential structure but now cleared, offering a development opportunity. Combined, both parcels total approximately 0.24 acres with 103 feet of street frontage. The site is located in the Detroit West of Woodward submarket, near public transit lines and a high-traffic retail corridor with visibility to over 12,000 vehicles per day on W Warren Ave.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Freestanding
Building Size
3,923 SF
Building Class
C
Year Built
1959
Price
$666,624 CAD
Price Per SF
$169.93 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.91
Lot Size
0.10 AC
Zoning
B4 - General Business District
Parking
3 Spaces (0.76 Spaces per 1,000 SF Leased)
Frontage
40’ on W Warren
Amenities
- Bus Line
Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
30/100
Exceptionally bikeable
90/100
Property Taxes
| Parcel Numbers | Improvements Assessment | $0 CAD | |
| Land Assessment | $0 CAD | Total Assessment | $61,981 CAD |
Property Taxes
Parcel Numbers
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$61,981 CAD
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Presented by
20524 & 20538 W Warren Ave
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