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Freestanding Storefront Retail Building
For Sale
$224,900

20500 W Warren Ave, Detroit, MI 48228

Freestanding retail building with open interior space and commercial zoning, ready for a range of commercial uses.

Property Size1,760 SF
Price / SF$127.78
Days on Market135

Property Features for 20500 W Warren Ave

General Information

Standard status Active
Size 1,760 SF

Building Details

Buildings 1
Listing Agency: Keller Williams Legacy
Listed By: Jaafar Ayoub
Source: Exprealty
Added: Mar 25 Changed: Jul 30 Last Checked: Jul 31 at 5:46PM

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 Keller Williams Legacy

Investment Insights

Based on property information with market context.

This freestanding storefront retail building offers a functional layout with open interior space, designed to support flexible configuration. The property includes a previously utilized retail interior arrangement, which can be adapted for a variety of commercial uses depending on municipal requirements. The building is offered as real estate only, with any business operations or personal property not included unless specifically stated.

The property is positioned for exposure to surrounding residential and commercial activity. It is zoned for commercial use; buyers should verify permitted uses and requirements with the municipality.

With its well-sized interior and adaptable floor plan, this property can fit owner-users looking for an operational space and investors seeking a versatile commercial asset within a commercial zoning designation.

Key Highlights

  • Freestanding storefront retail building
  • 1,720 sq. ft. retail building with open interior space
  • Functional layout for flexible configuration

Property Analytics

Current Use

Storefront properties

Suggested Use

Top Pick Real Estate Agency Law Firm Parking Lot & Garage Building Supply Daycare Center Gym & Fitness Center

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

658
Businesses Nearby
16k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 100%
Chase Bank Shops & Services
10,825 visits/mo 0.5 miles
Citizens Bank Shops & Services
4,954 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

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
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Storefront property - Freestanding retail building with open interior space and commercial zoning, ready for a range of commercial uses.
Where is this storefront property located?
The property is located at 20500 W Warren Ave Detroit, MI.
What is the asking price?
The asking price for this property is $224,900.
What are key features of this property?
This property features: Freestanding storefront retail building; 1,720 sq. ft. retail building with open interior space; Functional layout for flexible configuration
More about this property
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