Building Details

Year Built 1948

Listing Agency: Urban Luxury Real Estate a***@gmail.com Show Phone

Listed By: Arlita Lee

Source: Katie-k

Added: Aug 18 Changed: Aug 29 Last Checked: Aug 29 at 11:01AM

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Investment Insights

Based on property information with market context.

This 5,108-square-foot flex space was built in 1948 and offers a large open interior, two bathrooms, and a garage door. The configuration provides a straightforward commercial setting that can accommodate a range of business operations, subject to applicable requirements.

Key Highlights

• 5,108 square feet of commercial space
• Large open interior layout
• Two bathrooms

Property Analytics

Property Profile

Current Use

Flex space

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office Building Supply Kitchen & Bath Showroom Accounting Firm

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

419

Businesses Nearby

Under-served

Demand for This Use

Explore this area Business Placement

Demographics for 48224, MI

39,633

Population

16,786

Households

2.4

Avg Household Size

33

Median Age

14%

College-Educated

84%

High-School Grad

5.8 sq mi

ZIP Area

6,833

Density / Sq Mi

$42,963

Median Household Income

$30,997

Median Earnings

$1,213

Median Rent

$77,900

Median Home Value

Market

Vacancy Rate% for Industrial in Detroit, MI

3% 2019

4.2% 2020

2.5% 2021

2.4% 2022

3% 2023

3.4% 2024

3.7% 2025

Questions? Ask Rey

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What type of property is this? Where is this flex space located? What is the asking price? Find similar properties ... What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Flex space - Open commercial layout with two bathrooms and a garage door for practical business use.

Where is this flex space located?

The property is located at 16393 E Warren Ave Detroit, MI.

What is the asking price?

The asking price for this property is $275,000.

What are key features of this property?

This property features: 5,108 square feet of commercial space; Large open interior layout; Two bathrooms