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Restaurant with Convenience Store

7631 E Warren, Detroit, MI

For Sale
$59,000

A side addition provides room to expand the existing food-service and retail layout.

Property SizeContact for details
Days on Market129

Property Features for 7631 E Warren

General Information

Standard status Active
Property subtype Commercial/Industrial
Zoning Commercial

Site & Location

Neighborhood Medical Center
Corner Location Yes

Additional Details

Equipment Included No
Listing Agency: Good Company
Listed By: Erin Hertzog · License MI #6501413567
Source: Jabachler
Added: Jul 8 Changed: Nov 11 Last Checked: Nov 13 at 1:33AM

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 Good Company

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.

This commercial property combines a takeout restaurant with a convenience store. A side addition is already in place, offering added space for an expanded operation. Equipment is excluded from the sale.

The property sits at Warren Avenue and Baldwin Avenue in Detroit, two blocks from Gratiot Avenue and Van Dyke Avenue. The 8 Warren bus stop is directly in front of the store.

Key Highlights

  • Takeout restaurant and convenience store in one property
  • Existing side addition provides space for expansion
  • At Warren Avenue and Baldwin Avenue in Detroit

Property Analytics

Current Use

Conventional restaurants

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.

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 Conventional restaurants in Detroit, MI

$148 Jul
$178 Aug
$185 Sep
$197 Oct

Properties on Market for Conventional restaurants 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

  • Assembly Line Buffet — 2901 Grand River Ave, Detroit, MI 48201
  • Towers Cafe — 655 W Kirby St, Detroit, MI 48202

Frequently Asked Questions

What type of property is this?
Conventional restaurant - A side addition provides room to expand the existing food-service and retail layout.
Where is this conventional restaurant located?
The property is located at 7631 E Warren Detroit, MI.
What is the asking price?
The asking price for this property is $59,000.
What are key features of this property?
This property features: Takeout restaurant and convenience store in one property; Existing side addition provides space for expansion; At Warren Avenue and Baldwin Avenue in Detroit
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