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Storefront Retail Business
For Sale
$160,000

16225 W Warren Ave, Detroit, MI 48228

Established retail operation with included merchandise, fixtures, and dedicated customer parking under a gross lease.

Property Size4,880 SF
Price / SF$32.79
Days on Market64

Property Features for 16225 W Warren Ave

General Information

Standard status Active
Size 4,880 SF
Property subtype Commercial

Building Details

Year Built 1990
Listing Agency: Real Estate One-Dbn Hts
Listed By: Ahmed Fayz
Source: Metrodetroithomeguide
Added: Jul 25 Changed: Sep 24 Last Checked: Sep 24 at 10:39AM

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 Real Estate One-Dbn Hts

Investment Insights

Based on property information with market context.

Sale includes the operating retail business only; the underlying real estate is not included. The approximately 5,000-square-foot storefront features an open sales area plus two upper levels that can support additional merchandise display, storage, or office functions. Inventory and store contents convey with the business, including cologne, clothing, food products, racks, and retail glass display cases.

A private parking lot accommodates more than 20 vehicles, providing customer parking separate from W Warren Avenue. The property is identified as B4—General Business District zoning, supporting retail, office, and barber shop uses. Special-use approval may allow light-duty automotive services such as auto glass repair or quick oil changes. Cannabis sales are also permitted with the required license. The business has been operated by the current owners for over 38 years.

Key Highlights

  • Business sale includes approximately 5,000 square feet of retail space and two additional levels
  • Merchandise, racks, retail glass display cases, clothing, cologne, and food products included
  • Private parking lot accommodates 20+ vehicles

Property Analytics

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Current Use

Saved By Grace ... Church Divine Worship School ... Dance Store Simone's Clothing & Fashion Store Community Of Faith Church Church

Suggested Use

Top Pick Real Estate Agency Dental Office Law Firm Spa & Massage Center Parking Lot & Garage HVAC Service

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

352
Businesses Nearby
4k
Monthly Visits Nearby
Under-served
Demand for This Use

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

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
Rey
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Frequently Asked Questions

What type of property is this?
Storefront property - Established retail operation with included merchandise, fixtures, and dedicated customer parking under a gross lease.
Where is this storefront property located?
The property is located at 16225 W Warren Ave Detroit, MI.
What is the asking price?
The asking price for this property is $160,000.
What are key features of this property?
This property features: Business sale includes approximately 5,000 square feet of retail space and two additional levels; Merchandise, racks, retail glass display cases, clothing, cologne, and food products included; Private parking lot accommodates 20+ vehicles
More about this property
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