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    15515 E Warren Ave Detroit, MI 48224

    For Sale
    $197,900

    Licensed auto collision shop with modern amenities and development potential.

    Lot size:
    0.27 Acres

    Property Features for 15515 E Warren Ave

    General Information

    Lot size
    0.27 Acres

    Building Details

    Year built
    1941

    Source: Real Estate One-Sterling Heights Agent Rami Yasi

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Licensed Auto Collision Shop

    A licensed auto collision shop is available for acquisition, featuring a 4,500 square foot concrete building. The property includes a new roof, a freshly paved concrete parking lot accommodating 40 vehicles, enhanced electrical capacity, and an updated heating and cooling system. It also features three parking garages. Located within walking distance of the upgraded East Warren Road in Grosse Pointe, the area is experiencing significant development. The building offers flexibility for multiple uses and presents an opportunity for business owners or investors interested in leasing for steady income.
    Insight Report Location Intelligence

    Current Use by Public Records

    Auto shops

    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

    Complete Auto Repair, 24/7 Mobile Tire Company (We ONLY come to you), East Side Auto Center- Brakes Mufflers and more, J.R.C Auto Repair, CCP AUTO REPAIR

    Location Insight

    • Map
    • Local Demand
    City
    Detroit
    County
    Wayne
    State
    Michigan
    Longitude
    -82.948275
    Latitude
    42.399591

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    FAQs

    What type of property is this?
    Auto shop - Licensed auto collision shop with modern amenities and development potential.
    Where is this auto shop located?
    The property is located at 15515 E Warren Ave Detroit, MI.
    What is the asking price?
    The asking price for this property is $197,900.
    What are key features of this property?
    This property features: - Licensed auto collision shop with spacious 4,500 sq ft building.; - New roof, freshly paved parking lot (40 vehicles), updated HVAC, and enhanced electrical capacity.; - Located in Grosse Pointe, within walking distance of the upgraded East Warren Road development.
    (586) 276-9800
    Request Owner's contact information
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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
    15515 E Warren Ave Detroit, MI 48224
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