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Commercial Land with Existing Building
For Sale
$140,000

16014 E Warren Ave, Detroit, MI 48224

Established commercial corridor offering a redevelopment or renovation project with an existing structure.

Property Size4,960 SF
Price / SF$28.23
Days on Market15

Property Features for 16014 E Warren Ave

General Information

Standard status Active
Size 4,960 SF

Building Details

Year Built 1927
Listing Agency: Keller Williams Paint Creek
Listed By: Joseph Delia · License #6501372650
Source: Katie-k
Added: Aug 16 Changed: Aug 29 Last Checked: Aug 29 at 5:47PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Keller Williams Paint Creek

Investment Insights

Based on property information with market context.

This commercial land offering includes an existing building constructed in 1927. The structure requires extensive renovation and is conveyed strictly in its as-is condition, with no representations regarding the building or its systems.

The property is located at 16014 E Warren Ave in Detroit, along the E. Warren Avenue commercial corridor. Potential project directions identified for the site include redevelopment, renovation, and owner-user or investment use. Buyers should independently confirm property dimensions, permitted uses, zoning requirements, and redevelopment feasibility with the appropriate authorities.

Key Highlights

  • 16014 E Warren Ave, Detroit, MI 48224
  • Existing building constructed in 1927
  • Building requires extensive renovation

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Spa & Massage Center Skin Care Clinic Kitchen & Bath Showroom

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

341
Businesses Nearby
11k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 66% Home Improvements & Furnishings 26% Electronics 8%
Family Dollar Shops & Services
7,485 visits/mo 0.4 miles
True Value Hardware Home Improvements & Furnishings
2,977 visits/mo 0.3 miles
Metro by T-Mobile Electronics
860 visits/mo 0.2 miles

Demographics for 48224, MI

39,633
Population
16,786
Households
2.4
Avg Household Size
33
Median Age
14%
College-Educated
84%
High-School Grad
5.8 sq mi
ZIP Area
6,833
Density / Sq Mi
$42,963
Median Household Income
$30,997
Median Earnings
$1,213
Median Rent
$77,900
Median Home Value

Market

Vacancy Rate% for Retail in Detroit, MI

7.5% 2019
9.2% 2020
8.5% 2021
7.3% 2022
7.9% 2023
7% 2024
7% 2025
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Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - Established commercial corridor offering a redevelopment or renovation project with an existing structure.
Where is this commercial land located?
The property is located at 16014 E Warren Ave Detroit, MI.
What is the asking price?
The asking price for this property is $140,000.
What are key features of this property?
This property features: 16014 E Warren Ave, Detroit, MI 48224; Existing building constructed in 1927; Building requires extensive renovation
More about this property
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