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    16209 E Warren Ave Detroit, MI 48224

    For Sale
    $124,900

    Commercial Building - Detroit, MI

    Property size:
    3,940 SF
    Days on Market:
    34
    Last Refresh:
    Dec 5 at 8:06 pm

    Property Features for 16209 E Warren Ave

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Rooms
    Bathroom 1, Bathroom 2, Bathroom 3
    Bathrooms
    3
    Parking features
    Garage
    Size
    3,940 SF

    Building Details

    Year built
    1951
    Year renovated
    1951
    Floors in Building
    2
    Building materials
    Stone
    Roof type
    Flat
    Architectural style
    Other

    RE/MAX Connection - Detroit (248) 505-2509

    Listing agent Dennis Jakub (248) 505-2509

    Listing date Nov 2, 2025

    MLS# 11547448 Listing URL

    Copyright © 2025 My State MLS. 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 Mixed-Use Development Opportunity

    This commercial building presents an opportunity for a small-scale mixed-use development project along the E. Warren corridor. Zoned B4 - General Business District, the property benefits from the Major Corridor Overlay Area, allowing for detailed development review. The property features retail space on the lower level and a four-bedroom apartment on the second level. It is situated along a revitalized section of the E. Warren corridor, enhanced by an $8.8 million streetscape project that improved pedestrian and business accessibility with new bike lanes, pavement, sidewalks, parking lots, ADA accessibility, lighting, and landscaping. Located near the "Ribbon," the largest mixed-use development in the area, the property is positioned within a district undergoing significant revitalization. The E. Warren Development Corp supports this revitalization, aiming to attract businesses and improve infrastructure. A public market is under development on E. Warren, with the vision of achieving 100% business occupancy with a mix of community-driven businesses.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Single family properties

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Detroit
    County
    Wayne
    State
    Michigan
    Longitude
    -82.94085
    Latitude
    42.402373

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    FAQs

    What type of property is this?
    Mixed-use property - Mixed-use building in Detroit's revitalizing E. Warren corridor.
    Where is this mixed-use property located?
    The property is located at 16209 E Warren Ave Detroit, MI.
    What is the asking price?
    The asking price for this property is $124,900.
    What are key features of this property?
    This property features: - Mixed-use property featuring retail space and a 4-bedroom apartment for immediate income.; - Located on the revitalized E. Warren corridor, enhanced by an $8.8-million streetscape project.; - Zoned B4 General Business District, ideal for small-scale mixed-use development.
    (248) 505-2509
    Request Owner's contact information
    16209 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
    16209 E Warren Ave Detroit, MI 48224
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