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Bakery and Grocery Business

16205 E Warren, Detroit, MI

For Sale
$75,000

The sale includes the operating business and equipment, while the underlying real estate is excluded.

Property SizeContact for details
Days on Market40

Property Features for 16205 E Warren

General Information

Standard status Active
Property subtype Commercial/Industrial
Zoning Professional Office,Commercial

Site & Location

Neighborhood Medical Center

Additional Details

Business Included Yes
Listing Agency: Arg Realty
Listed By: Carla El Esrawi
Source: Jabachler
Added: Oct 5 Changed: Nov 11 Last Checked: Nov 13 at 12:03AM

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 Arg Realty

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This offering is for an established bakery and grocery operation in leased premises; the real estate is not part of the transaction. The business has operated for decades and includes equipment at its current location.

The existing lease may be transferred to a qualified purchaser, contingent on landlord consent and a background review. Zoning is listed as Professional Office, Commercial.

Key Highlights

  • Bakery and grocery business with decades of operating history
  • Equipment included in the business sale; no real estate or land is conveyed
  • Lease transfer is subject to landlord approval and a background check

Property Analytics

Current Use

Grocery and convenience stores

Suggested Use

Top Pick Nail Salon HVAC Service Kitchen & Bath Showroom Barber Shop Accounting Firm Carpet & Flooring Store

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

Lease Details

Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

4,556
Businesses Nearby
133k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Groceries 32% Dining 29% Shops & Services 27% Apparel 9%
Whole Foods Market Groceries
42,654 visits/mo 0.2 miles
McDonald's Dining
31,104 visits/mo 0.3 miles
Shell Shops & Services
13,363 visits/mo 0.4 miles
Shinola Apparel
9,011 visits/mo 0.3 miles
Condado Tacos Dining
7,597 visits/mo 0.3 miles

Market

Average Price Trend$/SF for Grocery and convenience stores in Detroit, MI

$148 Jul
$137 Aug
$140 Sep
$146 Oct

Properties on Market for Grocery and convenience stores in Detroit

Jul
Aug
Sep
Oct

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

Similar Off Market Nearby

  • Marcus Market — 4614 2nd Ave, Detroit, MI 48201

Frequently Asked Questions

What type of property is this?
Grocery and convenience store - The sale includes the operating business and equipment, while the underlying real estate is excluded.
Where is this grocery and convenience store located?
The property is located at 16205 E Warren Detroit, MI.
What is the asking price?
The asking price for this property is $75,000.
What are key features of this property?
This property features: Bakery and grocery business with decades of operating history; Equipment included in the business sale; no real estate or land is conveyed; Lease transfer is subject to landlord approval and a background check
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