Multi-Level Retail
For Lease
$4,500/Mo
16225 W Warren Ave, Detroit, MI 48228
Flexible storefront with upper-level space, private parking, and B4 general business zoning.
Space SizeContact for details
Property Size5,000 SF
Days on Market8
Property Features for 16225 W Warren Ave
General Information
Standard status
Active
Size
5,000 SF
Property subtype
Commercial
Zoning
B4
Additional Details
Floor
Ground
Lease Rate
$4,500 /USD/MO
Traffic Count
15,000 vehicles/day
Amenities
private parking lot
Building Details
Building Size
5,000 SF
Year Built
1990
Stories
3
Listed By:
Mike Fayz · License #6501237882
(313) 561-3860
Source:
Elliman
Added: Sep 18
Last Checked: Sep 24 at 11:00AM
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 Mike Fayz
Investment Insights
Based on property information with market context.
This retail storefront provides almost 5,000 square feet across a wide-open main shopping area and two additional levels. The upper floors can support additional retail display, storage, or office functions. A private parking lot accommodates up to 20+ vehicles, providing on-site parking separate from W Warren Avenue.
The property is located at 16225 W Warren Ave in Detroit, within the W Warren Avenue business district. Reported traffic volume exceeds 15,000 cars per day. B4 General Business District zoning supports retail, office, and barber shop uses, and the building is also zoned for cannabis sales with the required license. The property was built in 1990 and is offered under a double-net lease structure, with the tenant responsible for building insurance.
The property is located at 16225 W Warren Ave in Detroit, within the W Warren Avenue business district. Reported traffic volume exceeds 15,000 cars per day. B4 General Business District zoning supports retail, office, and barber shop uses, and the building is also zoned for cannabis sales with the required license. The property was built in 1990 and is offered under a double-net lease structure, with the tenant responsible for building insurance.
Key Highlights
- Almost 5,000 square feet of retail space
- Two additional levels for retail, storage, or office use
- Private parking lot accommodates up to 20+ cars
Property Analytics
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Current Use
Lease Details
15,000 VPD
Traffic count
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
352
Businesses Nearby
4k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Home Improvements & Furnishings 78%
Electronics 22%
True Value Hardware
Home Improvements & Furnishings
2,977 visits/mo
0.1 miles
Metro by T-Mobile
Electronics
860 visits/mo
0.1 miles
Demographics for 48228, MI
53,893
Population
22,620
Households
2.4
Avg Household Size
31
Median Age
11%
College-Educated
78%
High-School Grad
8.9 sq mi
ZIP Area
6,055
Density / Sq Mi
$31,485
Median Household Income
$27,533
Median Earnings
$1,086
Median Rent
$55,100
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Lease Benchmarks for Detroit, MI
$20.5 /SF/Yr
Avg Asking Price
$5.35–$175 /SF/Yr
Price Range
5,677 SF
Avg Space Size
Vacancy Rate% for Retail in Detroit, MI
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Storefront property - Flexible storefront with upper-level space, private parking, and B4 general business zoning.
Where is this storefront property located?
The property is located at 16225 W Warren Ave Detroit, MI.
What is the lease rate?
The lease rate is $4,500/Mo.
What are key features of this property?
This property features: Almost 5,000 square feet of retail space; Two additional levels for retail, storage, or office use; Private parking lot accommodates up to 20+ cars
