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Storefront Property with On-Site Parking
For Sale
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5601 W Warren Ave, Detroit, MI 48210

B4-zoned building with on-site parking and potential for retail or professional service uses.

Property Size3,500 SF
Price / SF$20
Days on Market645

Property Features for 5601 W Warren Ave

General Information

Standard status Active
Size 3,500 SF
Property subtype Office, Retail
Zoning B4

Additional Details

Opportunity Zone Yes

Building Details

Year Built 1918
Buildings 1
Stories 2
Building Size 3,500 SF
Listing Agency: Summit Commercial LLC
Listed By: Jerome Eagger · License #MI 6502357309
Source: Crexi
Added: Nov 25, 2024 Changed: Aug 31 Last Checked: Aug 31 at 1:45AM

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 Summit Commercial LLC

Investment Insights

Based on property information with market context.

This 3,500-square-foot retail building dates to 1918 and was formerly used as a bank. The property is zoned B4 and includes on-site parking, with the existing building offered for sale.

Located at 5601 W Warren Ave in Detroit, the property is within an opportunity zone. Potential uses identified for the building include neighborhood-serving retail, professional services, a church, daycare, restaurant, office headquarters, or community center.

Key Highlights

  • 3,500‑square‑foot retail building
  • Former bank building constructed in 1918
  • B4 zoning

Property Analytics

Current Use

Storefront properties

Suggested Use

Top Pick Real Estate Agency Law Firm Spa & Massage Center Dental Office Hair Salon Gym & Fitness Center

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

265
Businesses Nearby
Under-served
Demand for This Use

Demographics for 48210, MI

27,155
Population
10,576
Households
2.6
Avg Household Size
28
Median Age
9%
College-Educated
57%
High-School Grad
4.9 sq mi
ZIP Area
5,542
Density / Sq Mi
$38,900
Median Household Income
$25,220
Median Earnings
$968
Median Rent
$60,100
Median Home Value

Market

Vacancy Rate% for Office in Detroit, MI

11.9% 2019
13.9% 2020
15.2% 2021
17.9% 2022
20.3% 2023
22% 2024
19.5% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Storefront property - B4-zoned building with on-site parking and potential for retail or professional service uses.
Where is this storefront property located?
The property is located at 5601 W Warren Ave Detroit, MI.
What is the asking price?
The asking price for this property is $70,000.
What are key features of this property?
This property features: 3,500‑square‑foot retail building; Former bank building constructed in 1918; B4 zoning
More about this property
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