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Corner Retail Site
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24001 Groesbeck Hwy, Warren, MI 48089

Corner property at a signalized intersection on Groesbeck Highway and Schoenherr Road with high traffic counts.

Property SizeContact for details
Days on Market124

Property Features for 24001 Groesbeck Hwy

General Information

Standard status Active
Property subtype Retail
Listing Agency: Signature Associates
Listed By: Joe Rizqallah · License #MI
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Jul 20 at 4:43PM

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 Signature Associates

Investment Insights

Based on property information with market context.

This corner commercial site is available for sale or lease and is positioned for a range of uses, including retail, restaurant, and service-station concepts. The offering includes land contract availability, which may be of interest to qualified buyers and tenants looking for flexible terms.

The location sits at a signalized intersection with high traffic counts along Groesbeck Highway and Schoenherr Road. That visibility and access can be an advantage for businesses seeking steady pass-by exposure.

Presented as a versatile corner site, the property can support storefront-style operations where durable street presence and straightforward customer access are key considerations.

Key Highlights

  • Corner site at the signalized intersection of Groesbeck Highway and Schoenherr Road
  • High traffic counts on Groesbeck Highway and Schoenherr Road’s signalized intersection
  • Available for sale or lease

Property Analytics

Current Use

A & N Beer Wine (Bike/Boat/Book/etc) Store Cy's Food Center Grocery & Convenience Store

Suggested Use

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

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

284
Businesses Nearby
18k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Dining 54% Shops & Services 46%
Wendy's Dining
9,950 visits/mo 0.1 miles
Family Dollar Shops & Services
4,932 visits/mo 0.1 miles
Sunoco Shops & Services
3,447 visits/mo 0.0 miles

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

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
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Frequently Asked Questions

What type of property is this?
Storefront property - Corner property at a signalized intersection on Groesbeck Highway and Schoenherr Road with high traffic counts.
Where is this storefront property located?
The property is located at 24001 Groesbeck Hwy Warren, MI.
What are key features of this property?
This property features: Corner site at the signalized intersection of Groesbeck Highway and Schoenherr Road; High traffic counts on Groesbeck Highway and Schoenherr Road’s signalized intersection; Available for sale or lease
(616) 235-0900 Call to check price and availability
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