Current Use by Public Records
- Office Spaces
Property Details for 18101-18111 Warren Ave
- Year built
- 1953
- Lot size
- 0.73 lot acres
- Property type
- Office Spaces
- Property subtype
- Industrial properties
Description
This exceptional 9,252-square-foot office and flex building, located at 18101-18111 E Warren Ave in Detroit, Michigan, presents a compelling investment opportunity. Built in 1953, the property sits on a 0.73-acre lot and is zoned B4, allowing for a variety of general business uses. The building offers two separate suites, each ranging from 2,000 to 3,000 square feet, providing flexibility for various business needs. The asking price is $725,000, with a potential net lease rate between $5 and $13.50 per square foot. The property features a fenced parking lot, providing ample space for tenants and visitors. Furthermore, the location benefits from several recent improvements in the surrounding area and enjoys proximity to the affluent Grosse Pointe community, just three blocks away. The property's Wayne County location, with APN 21-003046, and its convenient Detroit, MI 48224 zip code, offer easy access to major transportation routes and amenities. This versatile property is ideal for owner-occupiers or investors seeking a strong return in a desirable location. The building's size and layout, combined with its strategic location and zoning, make it a highly attractive investment prospect.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Detroit
- County
- Wayne
- State
- Michigan
- Longitude
- -82.9185
- Latitude
- 42.4105
