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Retail Business with Included Inventory

16225 W Warren, Detroit, MI

For Sale
$160,000

The sale covers the operating business and its merchandise, fixtures, and display equipment, not the underlying real estate.

Property SizeContact for details
Days on Market83

Property Features for 16225 W Warren

General Information

Standard status Active
Property subtype Commercial/Industrial
Zoning Commercial

Site & Location

Neighborhood Medical Center
Listing Agency: Real Estate One-Dbn Hts
Listed By: Ahmed Fayz
Source: Jabachler
Added: Aug 24 Changed: Nov 11 Last Checked: Nov 12 at 11:51PM

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

Rey
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Investment Insights

Based on property information with market context.

The offering is for the retail business only; the real estate is not included. The approximately 5,000-square-foot shop has an open storefront and two upper levels suited to additional retail area, storage, or office use. Merchandise such as clothing, food, and cologne, along with racks and glass display cases, is included. The business operates in leased premises under a gross lease, and the owners are retiring after more than 38 years of ownership and operation.

The premises are near the W. Warren Avenue business district, where the source reports more than 15,000 vehicles passing daily. A private parking lot accommodates 20 or more cars.

Key Highlights

  • Business sale only; real estate is excluded
  • Almost 5,000 sqft of retail space with two upper levels
  • Merchandise, racks, and retail glass display cases are included

Property Analytics

Current Use

Storefront properties

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.

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 Storefront properties in Detroit, MI

$104 Jul
$91.96 Aug
$104 Sep
$114 Oct

Properties on Market for Storefront properties 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

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Frequently Asked Questions

What type of property is this?
Storefront property - The sale covers the operating business and its merchandise, fixtures, and display equipment, not the underlying real estate.
Where is this storefront property located?
The property is located at 16225 W Warren 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 only; real estate is excluded; Almost 5,000 sqft of retail space with two upper levels; Merchandise, racks, and retail glass display cases are included
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