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    15500 E Warren Ave Detroit, MI 48224

    For Sale
    $900,000

    Commercial/Industrial - Detroit, MI

    Property size:
    4,000 SF
    Lot size:
    0.09 Acres
    Days on Market:
    88
    Last Refresh:
    Dec 6 at 1:06 am

    Property Features for 15500 E Warren Ave

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Commercial
    APN
    21002397.
    Interior features
    Occupied
    Size
    4,000 SF
    Lot size
    0.09 Acres

    Utilities

    Cooling system
    Central Air

    Building Details

    Year built
    1941
    Building materials
    Brick
    Architectural style
    Other

    Century 21 AAA North (586) 274-1111 [email protected]

    Listing agent Mays Al Raheem (586) 274-1111 License #6501424266

    Listing date Sep 10, 2025

    MLS# 50142404 Listing URL

    Copyright © 2025 Multiple Listing Service MiRealSource. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Detroit Commercial Property with Liquor License

    This 4000 sq ft commercial property in Detroit, MI, includes both the real estate and the business, along with liquor, beer, and wine licenses. The business reports weekly sales of $30,000 to $35,000. The property features three attached units, a kitchen area, and the potential to add lotto and EBT (Food Stamps) services. It also offers ample storage, parking, and a private side parking area with an attached garage. The property is equipped with 15 coolers. The roof is 7 years old, while the furnace and AC are 3 years old, providing extra income. The business operates from 8 am to 11 pm. The property has undergone numerous updates and is zoned for commercial use, situated on a 0.09-acre lot.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Eastside Liquor Liquor Store

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Margin Group Corporation

    Location Insight

    • Map
    • Local Demand
    City
    Detroit
    County
    Wayne
    State
    Michigan
    Longitude
    -82.947882
    Latitude
    42.39909

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    FAQs

    What type of property is this?
    Grocery and convenience store - 4000 sq ft commercial property with established business and licenses.
    Where is this grocery and convenience store located?
    The property is located at 15500 E Warren Ave Detroit, MI.
    What is the asking price?
    The asking price for this property is $900,000.
    What are key features of this property?
    This property features: - Established business generating $30,000 to $35,000 weekly.; - Includes real estate, business, and liquor licenses.; - 4,000 sq ft building with 3 attached units.
    (586) 274-1111
    Request Owner's contact information
    15500 E Warren Ave Detroit, MI 48224
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    Detroit, MI 48224
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    15500 E Warren Ave Detroit, MI 48224
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