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Fenced-Lot Flex Space
For Lease
$1,950/Mo

21665 Groesbeck Hwy, Warren, MI 48089

M2-zoned commercial space with a secured outdoor area and dual roadway access.

Space SizeContact for details
Lot Size0.50 Acres
Days on Market129

Property Features for 21665 Groesbeck Hwy

General Information

Standard status Active
Lot size 0.50 Acres
Zoning M2

Site & Location

Road Access Yes
Fenced Yard Yes
Outdoor Storage Yes

Additional Details

Space Use Industrial

Amenities

barrier free bathrooms
shower
kitchenette

Building Details

Year Built 1968
Listing Agency: F L Andary Realty Company Inc
Listed By: Frederick L Andary Jr · License #6501176222
Source: Metrodetroithomeguide
Added: Apr 29 Changed: Sep 2 Last Checked: Sep 2 at 6:34PM

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 F L Andary Realty Company Inc

Investment Insights

Based on property information with market context.

This 2,700-square-foot flex space, built in 1968, occupies approximately 1/2 acre with a fenced lot. The building includes two barrier-free bathrooms, including one with a shower, along with a kitchenette. M2 zoning supports the property’s industrial and commercial positioning, while the outdoor area accommodates storage use.

The property fronts Groesbeck and can also be reached from Toepfer, providing two points of access. Almost 300 feet of frontage runs along Groesbeck. Lease and purchase opportunities are available, with a lease option to buy and land contract terms also offered.

Key Highlights

  • 2,700 SF flex space built in 1968
  • Approximately 1/2 acre with fenced lot
  • M2 zoning with outdoor storage capability

Property Analytics

Current Use

Fisher Group Fishing Club LisaRae's Hall Wedding Service

Suggested Use

Top Pick Real Estate Agency Restaurant Law Firm Spa & Massage Center Hair Salon Pharmacy

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

Yes
Fenced yard
Yes
Paved road access
NNN (Triple Net)
Lease Type
$1.30 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

419
Businesses Nearby
Under-served
Demand for This Use

Demographics for 48089, MI

32,012
Population
13,597
Households
2.4
Avg Household Size
35
Median Age
11%
College-Educated
83%
High-School Grad
8.0 sq mi
ZIP Area
4,002
Density / Sq Mi
$53,076
Median Household Income
$35,786
Median Earnings
$1,187
Median Rent
$117,300
Median Home Value

Market

Lease Benchmarks for Warren, MI

$10.89 /SF/Yr
Avg Asking Price
$6.95–$13 /SF/Yr
Price Range
15,280 SF
Avg Space Size

This space is priced 20% below the average of $10.89 /SF/Yr.

Vacancy Rate% for Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Flex space - M2-zoned commercial space with a secured outdoor area and dual roadway access.
Where is this flex space located?
The property is located at 21665 Groesbeck Hwy Warren, MI.
What is the lease rate?
The lease rate is $1,950/Mo.
What are key features of this property?
This property features: 2,700 SF flex space built in 1968; Approximately 1/2 acre with fenced lot; M2 zoning with outdoor storage capability
More about this property
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