Mixed-Use Brick Corner
15803 Warren Detroit, MI 48228
15803 Warren, Detroit, MI, 48228
$199,900
For Sale
$199,900
Over 2,500 SF brick building on a corner parcel with ground-floor retail and two leased apartments above.
Days on Market86
Property Features for 15803 Warren
General Information
- Standard status
- Active
- Property subtype
- Commercial
Building Details
- Year Built
- 1948
Listing agency
EXP Realty Main
(313) 600-6189
Listed by
Fadi Dabaja · License #6506045188
(313) 600-6189
Source
Elliman
Added: Apr 28 Updated: Jul 21 at 8:39PM Checked: Jul 21 at 8:39PM
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 EXP Realty Main
Investment Insights
Based on property information with market context.
This over 2,500 SF brick mixed-use building sits on a corner parcel and is fully leased. The ground floor features a retail space currently occupied by an established appliance store, and the upper level includes two leased residential units: a 1-bedroom and a 2-bedroom apartment. The property was remodeled in 2018 and includes central air, forced-air heating, public utilities, and a full basement.
Positioned along a well-traveled commercial corridor near Southfield Freeway, the building is designed for visibility and accessibility. The mixed-use setup provides diversified rental income across both retail and residential components, with 100% occupancy noted at the time of listing.
Zoning supports a wide range of commercial uses including retail, professional office, medical, service, and mixed-use operations. Financially, the listing indicates approximately $2,600 in monthly rent, $31,200 in annual gross income, and NOI of approximately $25,000 after operating expenses.
Positioned along a well-traveled commercial corridor near Southfield Freeway, the building is designed for visibility and accessibility. The mixed-use setup provides diversified rental income across both retail and residential components, with 100% occupancy noted at the time of listing.
Zoning supports a wide range of commercial uses including retail, professional office, medical, service, and mixed-use operations. Financially, the listing indicates approximately $2,600 in monthly rent, $31,200 in annual gross income, and NOI of approximately $25,000 after operating expenses.
Key Highlights
- Over 2,500 SF brick mixed‑use building on a corner parcel at 15801 W Warren Ave, Detroit
- Fully leased 2‑story layout: ground‑floor retail plus 1‑bedroom and 2‑bedroom residential units above
- Remodeled in 2018 and has central air, forced‑air heating, public utilities, and a full basement
Property Analytics
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Mixed-use property - Over 2,500 SF brick building on a corner parcel with ground-floor retail and two leased apartments above.
Where is this mixed-use property located?
The property is located at 15803 Warren Detroit, MI.
What is the asking price?
The asking price for this property is $199,900.
What are key features of this property?
This property features: Over 2,500 SF brick mixed‑use building on a corner parcel at 15801 W Warren Ave, Detroit; Fully leased 2‑story layout: ground‑floor retail plus 1‑bedroom and 2‑bedroom residential units above; Remodeled in 2018 and has central air, forced‑air heating, public utilities, and a full basement
