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Convenience Store with Storage

19501 W Warren, Detroit, MI

For Sale
$189,900

The established neighborhood business includes retail and wholesale food, tobacco, CBD, and lottery operations.

Property SizeContact for details
Days on Market209

Property Features for 19501 W Warren

General Information

Standard status Active
Property subtype Commercial/Industrial
Zoning Commercial

Site & Location

Neighborhood Medical Center

Tenancy & Operations

Currently Operating Yes
Tenant in Place Yes

Additional Details

Business Included Yes
Listing Agency: Re/Max Team 2000
Listed By: Sada Hojaij · License MI #6501309939
Source: Jabachler
Added: Apr 20 Changed: Nov 12 Last Checked: Nov 13 at 12:44AM

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 Re/Max Team 2000

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.

The convenience store and smoke shop at 19501 W Warren in Detroit includes a rear storage room and equipment for retail operations. Included items are an ATM, humidor, shelving and racking, three double-door refrigerators, two single-door refrigerators, a register, a lottery machine, and an 11-camera security system. The property also has bullet-resistant glass windows. Licenses are in place for CBD, tobacco, food, retail, wholesale food, and lottery activity.

The business operates under a gross lease with 3 years remaining. Inventory is excluded from the sale. An adjoining building may also be leased by the buyer.

Key Highlights

  • Established neighborhood convenience store and smoke shop at 19501 W Warren, Detroit
  • Rear storage room for inventory
  • Licenses for CBD, tobacco, food, retail, wholesale food, and lottery

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 established neighborhood business includes retail and wholesale food, tobacco, CBD, and lottery operations.
Where is this grocery and convenience store located?
The property is located at 19501 W Warren Detroit, MI.
What is the asking price?
The asking price for this property is $189,900.
What are key features of this property?
This property features: Established neighborhood convenience store and smoke shop at 19501 W Warren, Detroit; Rear storage room for inventory; Licenses for CBD, tobacco, food, retail, wholesale food, and lottery
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