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Additional details

$ 800,000
Est. payment /mo
Active
16830 E Warren AVE Detroit, MI 48224
7,748 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type BusinessandRealEstate
Listing Status Active
Purchase Type For Sale
Square Footage 7,748 sqft
Price per Sqft $103
Subdivision More Than One Subdivision Involved
MLS Listing ID 20251059945
Year Built 1965
Lot Size 0.380 Acres
Acres 0.38
Property Sub-Type BusinessandRealEstate
Property Description
Value-add package on E. Warren Ave featuring a 4,528 sq ft liquor store plus a 3,220 sq ft two-unit building, sold together. Excellent location with strong visibility and traffic. The liquor store includes a built-out kitchen that is not currently open, offering immediate upside....
Property presents opportunity through expanded inventory, improved operations, and exterior updates, allowing a new owner to reposition the asset and maximize performance. Lottery sales are strong today with additional upside as operations are improved. Second building offers flexibility for future income or use. Area has benefited from recent city investment including roadway, sidewalk, and streetscape improvements.
Property presents opportunity through expanded inventory, improved operations, and exterior updates, allowing a new owner to reposition the asset and maximize performance. Lottery sales are strong today with additional upside as operations are improved. Second building offers flexibility for future income or use. Area has benefited from recent city investment including roadway, sidewalk, and streetscape improvements.
Location
State MI
County Wayne
Area Area05055Detconmorsgrathstn7Mack
Interior
Heating Forced Air, Natural Gas
Fireplace No
Exterior
View Y/N No
Garage false
Building
Sewer Public Sewer
Water Public
New Construction No
Schools
High Schools Detroit
School District Detroit
Others
Senior Community false
Acceptable Financing Cash
Listing Terms Cash
Special Listing Condition ShortSaleNo, Standard

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Listed by Joseph Sesi of EXP Realty Main

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