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Mixed-Use Property with Apartments

31825 Mound Rd, Warren, MI 48092

For Sale
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C-1-zoned buildings combine retail, office, and residential space, including vacant suites and apartments in differing occupancy conditions.

Property SizeContact for details
Days on Market33

Property Features for 31825 Mound Rd

General Information

Standard status Active
Property subtype Mixed Use, Retail, Office, Multifamily
Zoning C-1

Site & Location

Road Access Yes
Mixed-Use Components retail, office, multifamily

Units

Unit Mix 2 x 1BR, 2 x 2BR
Multifamily Units 4

Tenancy & Operations

Currently Operating Yes
Tenant in Place Yes

Building Details

Buildings 2
Tenancy Multi
Listing Agency: P.A. Commercial Corporate & Investment Real Estate
Listed By: Dan Blugerman · License #MI 6501181718
Source: Crexi
Added: Oct 8 Changed: Nov 8 Last Checked: Nov 8 at 3:39PM

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 P.A. Commercial Corporate & Investment Real Estate

Rey
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Investment Insights

Based on property information with market context.

Two buildings at 31825 and 31851 Mound Road bring together commercial, office, and apartment space in Warren’s Warren Village Historic District. The property is zoned C-1 Commercial. At 31825, two ground-floor commercial spaces sit below four apartments: two one-bedroom units and two two-bedroom units. One commercial space operates as a hair and nail salon; the other was formerly a bakery. Two apartments are occupied month to month, while the other two are available for renovation and leasing.

The 31851 Mound Road building is a single-story office property with two suites. Its southern suite measures approximately 1,520 SF and is occupied by a counseling practice on a month-to-month basis. The second suite, 930 SF, is vacant and available for lease or owner occupancy. The property is near the GM Tech Center.

Key Highlights

  • Four apartments: two one‑bedroom and two two‑bedroom units
  • Two ground‑floor commercial spaces, including an operating hair and nail salon
  • Single‑story office building divided into two suites

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Retail space

Suggested Use

Top Pick Law Firm HVAC Service Daycare Center Dental Office (Bike/Boat/Book/etc) Store 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

4
Residential units
Multi-tenant
Tenancy
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

343
Businesses Nearby

Demographics for 48092, MI

27,186
Population
11,052
Households
2.5
Avg Household Size
42
Median Age
27%
College-Educated
86%
High-School Grad
8.1 sq mi
ZIP Area
3,356
Density / Sq Mi
$71,761
Median Household Income
$40,174
Median Earnings
$1,186
Median Rent
$205,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025

Frequently Asked Questions

What type of property is this?
Mixed-use property - C-1-zoned buildings combine retail, office, and residential space, including vacant suites and apartments in differing occupancy conditions.
Where is this mixed-use property located?
The property is located at 31825 Mound Rd Warren, MI.
What is the asking price?
The asking price for this property is $1,250,000.
What are key features of this property?
This property features: Four apartments: two one‑bedroom and two two‑bedroom units; Two ground‑floor commercial spaces, including an operating hair and nail salon; Single‑story office building divided into two suites
(248) 987-5418 Call to check price and availability
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