15322 Warren Ave, Dearborn, MI 48126-1358
This 2,000 square foot industrial property located at 15322 W WARREN, Dearborn, MI, presents a unique investment opportunity. Situated on a 0.05-acre lot, the property currently operates as a thriving smoke shop, generating a stable monthly lease income of $2,000. The business boasts a diverse inventory and benefits from its location in a high-traffic area, ensuring consistent customer flow. The existing lease provides a secure return on investment while offering significant potential for future growth and expansion. The property's strong performance history, coupled with its prime location, makes it an attractive proposition for investors seeking a turnkey business with established revenue streams. The building itself offers ample space for retail operations and storage, allowing for efficient management of inventory and customer service. This is a rare opportunity to acquire a profitable, established business in a desirable location with significant upside potential. The property is priced at $79,900, representing a compelling value proposition given the current lease income and the potential for future growth. Serious inquiries are encouraged.
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Hookah Plus (Bike/Boat/Book/etc) Store
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
BB · Dearborn, MIDearborn. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.